herself as DW2 and
stated that she is only a sleeping Director in the SBS International Pvt. Ltd. She stated
that ... about the working of the company. She stated that she became
sleeping Director of the accused company on the asking her family members and that
Managing Director of the company was
running the affairs sole ly and the remaining 'Suspended Directors' are 'Sleeping
Directors' have ... only restricted to the Managing
Directors / Executive Directors it also to other key managerial personnel
Directors, mangers, employees and designated partners
sought
discharge on the ground of being a sleeping Director, and Accused No.5,
seeking discharge on the ground that he was not a director ... four Directors, namely, Sh.
Satish Gupta (Managing Director, since deceased) Ms. Sandhya Gupta, Mr.
Dinkar Dogra and Mr. Abhishek Gupta.
Liability Of The Director
consisting of 60 rooms, but stated that he is
only a sleeping director, not responsible for the day-to-day affairs of the accused
company ... executed, but
reiterated that he is a sleeping director unaware of the transaction and its terms.
He denied the allegation that the complainant had advanced
took the plea that
he was only a sleeping director. Though A4 submitted that he
would lead evidence in his defence, yet he failed ... conduct of the
company accused as he was merely a sleeping director of the
company accused. In support of his contention, he has relied upon
company accused in the year 1996, but he was merely a sleeping
director in the company accused. It was stated that company accused
was floated ... company accused. A5 took the plea that she was only a
sleeping director in the company accused and had resigned from the
company accused
guilty and claimed trial. Accused no. 3
stated that he was sleeping director in the company and he was not involved ... cheques. He had not received the legal notice and he
was sleeping director in the accused company.
Accused persons further expressed their desire to lead
they have distributed work among themselves, who was the
sleeping Director, who was the Director who had only lent name, what were the
powers given ... sleeping Directors and who are active
Directors. This information is within the special knowledge of the
company i.e Board of Directors managing the company
there
were two directors in the accused company and I
was one of the said two directors. Vol. I was a
sleeping director ... much as she is/was a sleeping director of
accused no.1 company. But no such suggestion has been
Negotiable Instruments Act; that Shri Gopi Ram Jain petitioner was a
sleeping director of the Company and he had no concern with ... been argued that petitioner-Shri Gopi Ram Jain was
mere a sleeping Director and not participated in the affairs of the Company
and further that
