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2018 (4) TMI 1843 - HC - Companies LawSubmission of defaulted returns - Condonation of Delay Scheme, 2018 - High Court of Delhi has permitted the Directors to file compliance under CODS, 2018 - Applicability of of Section 164(2)(a) as well as Section 167 of the Companies Act of 2013 - HELD THAT:- In order to balance the equities while the respondents rights to argue and make the submissions are reserved and four weeks time is granted to file reply. This Court deems it appropriate to allow the petitioners to continue to hold the post of Director in the defaulting Companies as well as other Companies so that they may be able to avail the benefit of CODS, 2018 during the pendency of the writ petition. Learned Counsel further submits that on account of Company in default names having been struck off in terms of Section 248(5) of the Companies Act, 2013, the benefit of CODS, 2018 may not be allowed online. It is also prayed that they may be allowed to file hard copies of returns under CODS, 2018 and the respondents may be directed to accept the same - the prayer seems to be reasonable. Petition disposed off.
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