SACHIN INFRA MANAGEMENT LTD Vs. REGIONAL DIRECTOR

JUDGEMENT

(1.) By filing the present petition, the petitioner company has challenged and prayed to set aside the order dated 26th July, 2007 passed by respondent No.1 - Regional Director, Western Region, Ministry of Company Affairs, whereby petitioner's licence came to be revoked under Sec. 25(1) of the Companies Act, 1956.

(2.) In the impugned order, it was observed by respondent No.1 that its office had received various complaints stating that the petitioner company had not been carrying out its business as provided in the Memorandum of Association approved under Sec. 25 of the Companies Act, because of which sub-clause (b) of sub-section (8) of Sec. 25 was attracted requiring to cancel the licence.

(3.) It appears that respondent No.1 had granted the licence to the petitioner company by his order dated 05th April, 2006. It was provided and directed in the said order that the applicant Association be registered as a company with limited liability without addition of word limited/private limited, subject to the conditions stated in the order. Thereafter the petitioner was given certificate of incorporation on 14th June, 2006.