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Prayer for being excused of any criminal liability and relieved of the alleged defaults complained of by the Registrar of Companies (ROC) - section 463(2) of the Companies Act, 2013 - The High court finds merit in the petitioners' argument regarding the offenses being barred by limitation under the Code of Criminal Procedure, 1973. - The court grants relief to the petitioners, excusing them from criminal liability and restraining the respondent from proceeding with criminal proceedings based on the notice dated 6th October, 2020.
Prayer for being excused of any criminal liability and relieved of the alleged defaults complained of by the Registrar of Companies (ROC) - section 463(2) of the Companies Act, 2013 - The High court finds merit in the petitioners' argument regarding the offenses being barred by limitation under the Code of Criminal Procedure, 1973. - The court grants relief to the petitioners, excusing them from criminal liability and restraining the respondent from proceeding with criminal proceedings based on the notice dated 6th October, 2020.
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