2019 (4) TMI 1834

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nder Singh Dhatt, Mr. Subrata Kumar Singh For the Respondent. JUDGMENT The petitioner claims that, despite the petitioner having resigned as a Director of M/s. Kaushik Global Logistics Limited in 2016, the Enforcement Directorate has attached the bank account of the petitioner and his wife without any basis. Enforcement Directorate has no cause to do so. Such attachment is bad in law. The pe....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....director of the Company till his resignation in 2016. Mere resignation as a Director may not suffice in the facts of a given case. The petitioner may still be in control of the management and affairs of the Company through stooges and henchmen. The changes against the petitioner and the persons in control and management of the Company are serious. There are serious allegations of fraud which are b....