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Judgment
Rajiv Shakdher, J
CM APPL.7948-7949/2018 (exemptions)
Allowed, subject to all just exceptions.
W.P.(C) 1910/2018, CM APPL.7947/2018 (stay)
Issue notice. Ms. Ruchi Jain, who appears for respondent no.1 & 2 accepts notice.
1.1. Learned counsel for the petitioner says that the issue which arises for consideration in this case is covered by the judgment of another Single
Judge of this Court dated 21.12.2017, passed in W.P.(C)11381/2017 titled: Sandeep Singh & Anr. v. Registrar of Companies & Ors. This aspect is not
disputed by the counsel for the respondents. Therefore, waiting for a counter affidavit would serve no purpose as the stand of the respondents is the
same as in Sandeep Singh & Anr. (supra).
It is the case of the petitioner that he was appointed as Director on the Board of the Company by the name AKST Infrastructure Pvt. Ltd. (for
short “AKSTâ€). The name of AKST was struck off from the Register of Companies on account of failure to file the requisite financial statements
and annual returns.
2.1 Furthermore, the petitioner submitted that AKST had not been carrying out business since 2012.
Besides this, I am informed that the petitioner is also a Director on the Board of another company, which is active and functional:
(i) ATE Projects Private Limited
3.1. Counsel for the petitioner says that since petitioner’s name was included in the impugned list of disqualified Directors for the financial years
2014-16, his role as a Director is impeded insofar as the other companies are concerned which are active and running.
3.2. Counsel for the petitioner says that since the petitioner does not wish to revive (AKST), he would take steps under Section 248 (2) of the
Companies Act, 2013 in consonance with the directives contained in Sandeep Singh (supra).
3.3 Furthermore, counsel for the petitioner says that the petitioner would also like to avail the benefit of the Condonation of Delay Scheme, 2018.
Having regard to the assertions made in the petition and the records which are presently available with me, I am of the view that this petition can be
disposed of with the direction that respondents will follow the directives contained in Sandeep Singh (supra). It is made clear that the directives
contained therein will apply to the petitioner mutatis mutandis.
4.1 The petitioner will, however, take steps both in consonance with the provisions of Section 248 (2) of the Companies Act, 2013 and under the
Condonation of Delay Scheme, 2018 within a period of two weeks from today.
4.2 In order to facilitate this exercise, operation of the impugned list, insofar as it concerns the petitioner, will remain stayed till 31.3.2018 or, till such
time the respondents take requisite decision with regard to the request of the petitioner made to them in consonance with the provisions under Section
248 (2) of the Companies Act, 2013 and under the Condonation of Delay Scheme, 2018.
4.3 Needful will be done by the petitioner within two weeks from today. In addition thereto, for the moment, respondent no.2/Registrar of Companies
will also activate the petitioner’s DIN and DSC.
Consequently CM APPL.7947/2018 shall stand closed.
Dasti.
