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High Court of DelhiW.P.(C)/4456/2018

Kusum Chauhan And ANR. v. Union Of India And ORS.

2018-04-27Hon'Ble Mr. Justice Yogesh Khanna2 pages

$~49 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 4456/2018 & CM Nos.17214-17215/2018 KUSUM CHAUHAN AND ANR.

..... Petitioners Through : Mr.Risabh Jain with Mr.Nikhil Verma and Ms.Kamna Singh, Adv.

versus UNION OF INDIA AND ORS.

..... Respondents Through :Mr.Ripu Daman Bhardwaj, Adv.

CORAM:

HON'BLE MR. JUSTICE YOGESH KHANNA

O R D E R

% 27.04.2018 Heard.

The Standing Counsel for respondent No.1 submits that the petitioners needs to approach the NCLT to revive the Company in consonance with the provisions of Section 252 of the Companies Act, 2013 and that the ROC will not oppose the revival provided the appeal is filed before 01.05.2018.

Having regard to the aforesaid, the writ petition is disposed of giving liberty to the petitioners to approach the NCLT by way of an appeal. Pending the decision in the appeal, there would be a stay on the operation of the list of disqualified directors insofar as it concerns the petitioner herein. Furthermore, the respondents will also activate the DIN and DSC of the petitioner.

Needless to say if the petitioner fails to file an appeal within the timeline given above, or fails in persuading the NCLT to revive the

Company, the stay on the operation of the list of disqualified directors, insofar as it concerns the petitioner, would stand dissolved automatically with necessary consequences. This direction would also apply if the petitioner fails to take requisite steps under the Condonation of Delay Scheme, 2018("Scheme") after it is ordered to be revived by NCLT. Writ petition along with the pending applications stand disposed of. Dasti under the signatures of the Court Master. YOGESH KHANNA, J APRIL 27, 2018 Bisht