2025 (5) TMI 1589

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..... ND HON'BLE MR. JUSTICE MANEESH SHARMA For the Appellant : Mr. P.K. Kasliwal with Mr. Priyesh Kasliwal For the Respondent : Mr. Shantanu Sharma with Mr. Parth Vashishtha Order AVNEESH JHINGAN, J. (ORAL) 1. This writ petition is filed challenging order for sanctioning of prosecution proceedings for liability of Rs. 79,893/-. 2. The brief facts of the case are that the petitioner No.1 for t .....

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..... and directors of company. Reliance was place upon the decision of the Supreme Court in the case of Madhumilan Syntex Ltd. & Ors. versus Union of India & Ors. reported in (2007) 11 SCC 297, to hold that in case of failure to comply with the procedures stipulated in the statute, appropriate action can be taken under the Act. 3. There cannot be a quarrel with the proposition that penal proceedings c .....

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