2023 (8) TMI 999

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....achi Jain, Adv. Mr. Mani Bhushan Sinha, Adv. Mr. Pranab Prakash, AOR For the Respondent : Mr. Tushar Mehta, SG (N/P) Mr. Balbir Singh, A.S.G. Mr. Rajan Kumar Chourasia, Adv. Mr. Kanu Agrawal, Adv. Mrs. Shraddha Deshmukh, Adv. Mr. Shyam Gopal, Adv. Mr. Chinmayee Chandra, Adv. Mr. Ankur Talwar, Adv. Mr. Sachin Sharma, Adv. Mr. Arvind Kumar Sharma, AOR Mr. Sangram Patnaik, Adv. Mr. Vardhman Kaushi....

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....rdly arbitrary or irrational. Besides, enhancement has to be read with the desire to improve ease of doing business and reduce compliance expenditure. It is not the function of the courts to sit in judgment over matters of economic policy, which must necessarily be left to the expert bodies. Peerless General Finance and Investment Co. Ltd. v. RBI, (1992) 2 SCC 343 In matters requiring technical, c....

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....rayers, which relate to the guidelines for enforcement of corporate governance and formation of a High Power Committee to look into lapses leading to closure of more than 6 lakh companies, in our opinion, are far-fetched and do not merit detailed consideration. The counter-affidavit filed by respondent no. 1 - Union of India indicates the steps taken by the Government to de-register paper compa....