Smt. Sushila Saini, v. Nepc India Ltd,

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 17-12-2018

CORAM

THE HON'BLE Mr. JUSTICE S.M.SUBRAMANIAM W.P.No.38655 of 2005 And W.P.M.P.Nos.41401 and 41402 of 2005 Smt.Sushila Saini

...Petitioner

Vs 1.NEPC India Ltd., Regd. Office 1678, Trichy Road, Ramanathan Puram, Coimbatore-641 045.

Corporate Office:

35, Wallajah Road, Chennai-600 002, India.

2.Chairman, Securities and Exchange Board of India, Earnest House, 14th Floor, 194, Nariman Point, Mumbai - 21.

3.Union of India, through Secretary, Ministry of Law, Justice and Company Affairs, Shastri Bhawan, Rajendra Prasad Road, New Delhi.

4.Registrar of Companies, Block-6, 11th Floor, Shastri Bhawan, 26, Haddows Road, Chennai-6.

5.Economic Offence Wing - Chennai, 3rd Floor, A Wing, Rajajit Bhawna, IIIrd Avenue,

Besant Nagar, Chennai-600 090.

6.National Stock Exchange of India Ltd., NSE Corporate Office, Plot No.C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai-400 051.

7.Bombay Stock Exchange Dalal Street, Mumbai.

... Respondents PRAYER: Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Mandamus, directing the respondents 2 to 7 conduct a thorough investigation into the affairs of the first respondent company as to the system and basis of valuation taking into consideration the revival of the wind power sector, the pricing and the market capitalisation of the company in similar line of business and the forecast of sales by Chairman of NEPC India Ltd. For Petitioner : Mr.S.L.Sudarsanam For Respondent-1 : Mr.S.R.Raghunathan For Respondent-2 : Mr.Shivakumar For Respondents-3to7: No Appearance

O R D E R

In view of the endorsement made by the learned counsel for the writ petitioner, the writ petition stands dismissed as withdrawn. However, there shall be no order as to costs. Consequently, connected miscellaneous petitions are also dismissed.

-s/d- Assistant Registrar(CCC) True Copy Sub-Assistant Registrar Svn

To 1.Chairman, Securities and Exchange Board of India, Earnest House, 14th Floor, 194, Nariman Point, Mumbai - 21.

2.The Secretary, Union of India, Ministry of Law, Justice and Company Affairs, Shastri Bhawan, Rajendra Prasad Road, New Delhi.

3.Registrar of Companies, Block-6, 11th Floor, Shastri Bhawan, 26, Haddows Road, Chennai-6.

4.Economic Offence Wing - Chennai, 3rd Floor, A Wing, Rajajit Bhawna, IIIrd Avenue, Besant Nagar, Chennai-600 090.

5.National Stock Exchange of India Ltd., NSE Corporate Office, Plot No.C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai-400 051.

+2 Ccs to Mr.Shivakumar, Advocate sr 87852, 86623. WP No.38655 of 2005 SP(09/01/2019)