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Magistrate While Handing Over Possession U/s 14 SARFAESI Act Not Required To Seek Permission From Company Court: Supreme Court [Read Order] https://www.livelaw.in/top-stories/magistrate-handing-over-possession-not-required-to-seek-permission-from-company-court-165682
by Sekar Reporter · Published November 9, 2020
division judge bench headed by Chief Justice A.P. Sahi held that apart from the fact that the AQD Rules do not empower the ROC to deactivate the DIN, we find that such deactivation would also be contrary to Section 164(2) read with 167(1) of CA 2013 inasmuch as the person concerned would continue to be a director of the Defaulting Company.
by Sekar Reporter · Published October 22, 2020