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HC Exonerates Company Directors for delayed-filing of Statement of Affairs U/s. 454 Companies Act, 2013
Case Law Details
- Case Name
- The OL of Neelnandan Polymers Limited (In Liqn) Vs Suresh Gopichand Keswani (Gujarat High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Gujarat High Court
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The OL of Neelnandan Polymers Limited (In Liqn) Vs Suresh Gopichand Keswani (Gujarat High Court)
1. Heard learned advocate Mr. Pavan S. Godiawala for the accused and Official Liquidator of the Company [In Liquidation].
2. This criminal case is filed by the Official Liquidator under section 454 of the Companies Act, 1956 as the accused persons did not file statement of affairs within the stipulated time.
3. Accused Nos. 1 to 4 were the Directors of the Company as on the date of winding up of the Company [In Liquidation] i.e. Neelnandan Polymers Limited.
4. This Court passed an ...
