Sale of property despite Court’s injunction is contempt of Court

HIGH COURT OF DELHI ASA Agencies (P.) Ltd. versus G. Sagar Suri CCP Nos. 7 of 2010 & 13 of 2009 CP No. 169 of 2006 August 6, 2012 JUDGMENT 1. By this order I propose to dispose of the two contempt petitions filed by the petitioner under Section 542 of the Companies Act, 1956 read with Rule 9 of the Companies (Court) Rules, 1959 and Section 12 of the Contempt of Courts Act, 1971. The case of the petitioner in CCP No. 13/2009 is that the petitioner has filed the winding up petition against the respondent company under Section 433(e) & (f) of the Companies Act, 1956 and i...