2018 (4) TMI 1876

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....URABLE SRI JUSTICE S.V.BHATT COUNSEL FOR THE PETITIONERS: SRI D.NARENDAR NAIK COUNSEL FOR THE RESPONDENTS: SRI K. LAKSHMAN (ASSISTANT SOLICITOR GENERAL) ORDER Heard Sri D.Narender Naik, learned counsel appearing for the petitioners and Sri K.Lakshman, learned Assistant Solicitor General appearing for respondents 1 and 2. Perused the material record. Learned counsel for the petitione....

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....roceedings disabling the DIN numbers and to direct the 1st respondent to reactivate Or restore the DIN numbers of the petitioners herein so as to enable them to submit annual returns and financial statements of the subject Company of which the petitioners are the Directors as per Condonation of Delay Scheme (COD Scheme). However, learned Assistant Solicitor General strongly opposed for granting....

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.... the procedure before they take appropriate steps for closure of their company of which they are the Directors by following the procedure established by law as such a course, according to them, would meet the ends of justice. In that view of the matter, there shall be stay of the proceedings disabling the DIN of the present petitioners. There shall be a further direction to the 1st respondent t....