2002 (5) TMI 699

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.... appearing for the petitioner. No one appears for the respondent-company. 2. The company petition has been advertised under rule 24 of the Companies (Court) Rules, 1959 in newspapers 'Hindustan Times' (English) published from Lucknow and 'Dainik Jagran' (Hindi) published from Lucknow and in Official Gazette of U.P. on 25-12-2001, and 9-3-2002 respectively. Country Informtech Services (P.) Ltd. ....

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....and is pending in the Court of Special Chief Judicial Magistrate, Lucknow. The respondent-company committed faults in making payment to various investors by Century Consultants Ltd. and that its directors are absconding. The investigation was handed over to CBI, Lucknow and that all available records were seized by C.B.I. on 13-4-2001 and 17-4-2001. There are serious allegations against directors ....

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....ted 23-8-2001. The Regional Director (N.R.), Department of Company Affairs, Kanpur issued show-cause notice to the respondent-company and its officers vide its letter No. LC/RD/under section 433/2001/784 dated 27-8-2001, under section 433(f) read with section 439(e) of the Act, for winding up the company. The reply was found unsatisfactory and as such Regional Director, as above, in exercise of hi....