2010 (11) TMI 1142

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....raswamy Ramdas and Anandfor the Respondent. ORDER 1. This application is filed against the respondents to punish them for the offence committed under section 454(5) of the Companies Act, 1956 ('the Act') for not filing the statement of affairs. 2. It is not in dispute that respondent No. 1 died on 2-11-2004 and respondent No. 3 died on 17-6-2008. Therefore the petition insofar as it relates to....

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....n liquidation held on 31-1-1994 he retired as Director of the company in liquidation. He further contends that on 30-9-1996 he resigned as Vice-Chairman of the company in liquidation as per resignation letter dated 30-9-1996. Further it is not in dispute that between 2-7-1997 and 31-7-1998 respondent No. 2 was in Jail in connection with the affairs of the company. From this material on record it i....