2018 (3) TMI 1927

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....;H. PATIL AND G.S. KULKARNI, JJ. Mr.V.A. Joshi i/b. M/s.Chitnis Vaithy & Co. for Petitioner in both Writ Petitions. Mr.Ashish Mehta with Ms.Surbhi Soni and Mr.Ojas Gole for Respondent Nos.1 & 2. ORDER The petitioners are challenging their disqualification as....

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.... order dated 6th October 2017 passed by High Court of Telanganaand Andhra Pradesh in case of Dr.Reddy's Research Foundation Vs. Ministry of Corporate Affairs Writ Petition No.32575 of 2017 . 3. By an order dated 22nd March 2018, a Division Bench of this Court (Shantanu S. Kemkar & M.S. Karnik, JJ) disposed of the identical petitions of this nature by granting certain reliefs to the petition....

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....re, the petitioners submitted that the companies have not been carrying on business for more than three years. It is pointed out that the petitioners are also the directors on the Board of other companies, which are active and functional. As the names of the petitioners were included in the impugned list of disqualified directors, their role as directors is impeded in so far as other companies are....

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....aphs 8 and 9 as quoted above. 5. The learned Counsel for the respondents submits that these petitions may be disposed of by recording undertakings of the petitioners and with liberty to the respondents to resort to appropriate remedies as permissible in law. 6. The learned Counsel for the parties submit that the department is taking steps to file Special Leave Petition in respect of the orde....