Only Provisional Liquidator Can Represent a Company in Liquidation, Not Resigned Chairman: Delhi HC

Abhishek Verma Vs Enforcement Directorate (Delhi High Court) In a recent judgment delivered by the Delhi High Court, an important clarification has been made regarding the representation of companies in liquidation in legal proceedings. The case of Abhishek Verma Vs. Enforcement Directorate sheds light on the legal nuances concerning the representation of a company facing charges under the Foreign Exchange Regulations Act, 1973 (FERA). The petitioner, Abhishek Verma, sought relief under Section 482 of the Code of Criminal Procedure, 1973 (CrPC), urging the quashing of orders framing charges ag...