Telangana High Court
Rakesh Kumar Agarwal And Another vs The Ministry Of Corporate Affairs And ... on 2 December, 2020
Author: Challa Kodanda Ram
Bench: Challa Kodanda Ram
THE HON'BLE SRI JUSTICE CHALLA KODANDA RAM
WRIT PETITION No. 21653 of 2020
ORDER:
The petitioners challenge their disqualification from Directorship under Section 164(2) of the Companies Act, 2013, for the alleged default in filing financial statement/Annual Returns, and consequently, seek restoration of the Director Identification Number (DIN) viz. 00049820 and 00049950 respectively.
Learned counsel for the petitioners submits that the issue raised in the present Writ Petition is squarely covered by the common order dated 18.07.2019 in W.P.No.5422 of 2018 and batch.
Learned Standing Counsel for the 2nd respondent - Registrar of Companies does not dispute the aforesaid submission.
Operative portion of the aforesaid order reads as under:
"For the foregoing reasons, the impugned orders in the writ petitions to the extent of disqualifying the petitioners under Section 164(2)(a) of the Act and deactivation of their DINs, are set aside, and the 2nd respondent is directed to activate the DINs of the petitioners, enabling them to function as Directors other than in strike off companies.
It is made clear that this order will not preclude the 2nd respondent from taking appropriate action in accordance with law for violations as envisaged under Section 164(2) of the Act, giving the said provision prospective effect from 01.04.2014 and for necessary action against DIN in case of violations of Rule 11 of the Rules.
It is also made clear that if the petitioners are aggrieved by the action of the respondents in striking off their companies under Section 248 of the Act, they are at liberty to avail alternative remedy under Section 252 of the Act.
All the writ petitions are accordingly allowed to the extent indicated above."2
In view of the said Order dated 18.07.2019 and for the reasons recorded therein, this Writ Petition is also allowed in terms thereof. No costs.
Miscellaneous Petitions, if any stand closed.
----------------------------------- CHALLA KODANDA RAM, J 02nd December 2020 ksld 3 THE HON'BLE SRI JUSTICE CHALLA KODANDA RAM WRIT PETITION No.29057 of 2019 07th January, 2020 ksm