TMI Blog2022 (8) TMI 1330X X X X Extracts X X X X X X X X Extracts X X X X ..... no. 1 as named in the original complaint and he had already resigned on 23.07.2011. Petition allowed. - CRL.M.C. 5852/2019 & CRL.M.A. 40500-502/2019, CRL.M.C. 5799/2019 & CRL.M.A. 40305/2019, 40307/2019 - - - Dated:- 16-8-2022 - HON'BLE MR. JUSTICE SUDHIR KUMAR JAIN For the Petitioner : Mr. Sanjay Relan and Mr. Sushant Dahiya, Advocates. For the respondent : Mr. Hitesh Vali, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cheques total amounting to Rs.106,77,37,316.50/- (rupees one hundred and six crore, seventy seven lacs, thirty seven thousand, three hundred sixteen and fifty paise only) to be drawn on Central Bank of India, Morena, MP and when the said cheques were presented for encashment, they were returned back unpaid on the ground of insufficient fund. Thereafter, the respondent no. 2 filed a complaint unde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... etitioner has resigned as Director w.e.f. 23.07.2011 due to vacation of office as per section 167 of the Companies Act. He further relied upon the judgments titled as Harshendra Kumar D. M/s PEC Ltd. V. M/s Oil Ltd. Ors. V. Rebatilata Koley And Others (2011) 3 SCC 351 and Dharna Goyal @ Dharna Garg V. M/s Aryan Infratech Pvt. Ltd in CRL.M.C 708/2020. 5. The counsel for the respondent no. 2 ar ..... X X X X Extracts X X X X X X X X Extracts X X X X
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