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2006 Supreme(Kar) 335

A.C.KABIN
REGISTRAR OF COMPANIES – Appellant
Versus
FAIR GROWTH AGENCIES LIMITED – Respondent


A. C. KABBIN, J.

( 1 ) THESE five revision petitions have been filed by the Registrar of Companies in Karnataka challenging the dismissal of his complaints against the respondent-company for contravention of certain provisions of the Companies Act, on the point of limitation.

( 2 ) THE respondent-company M/s. Fairgrowth Agencies Limited was incorporated on 25-10-1990. Suspecting its involvement in a security scam, books of accounts, other books and proceedings of the Company for the period from 11-1-1993 to 29-3-1993 were inspected by the Inspecting Officer of the Department of Company Affairs, Madras, during the end of March and the first part of April 1993. On the basis of his report, the Regional Director, Department of Company Affairs Southern region, Madras, wrote to the Registrar of Companies in Karnataka, bringing-to the latter's notice, certain commissions and omissions on the part of the respondent company, in furtherance of which, complaints were filed by the revision petitioner against the Company. Contravention of the provisions of Companies Act alleged in each criminal case and all the concerned criminal revision petition numbers are as follows: a preliminary objecti














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