JUDGMENT

M. S. Sonak, J. - Heard Shri Kapil Hirani, learned counsel for the petitioners, and Shri S. N. Kumar learned counsel for the respondents.

2. Rule. The rule is made returnable forthwith at the request and with the consent of the learned counsel for the parties.

3. The petitioners question orders dated 07.12.2020 and 26.03.2021 made by Wilful Defaulter Identification Committee (the WDIC) and the Review Committee respectively, to the extent that such orders collectively declare the petitioners as "Wilful Defaulter".

4. Shri Kapil Hirani, learned counsel for the petitioners at the very outset made it very clear that the challenge to the above-impugned orders was qua the petitioners only and not M/s. Universal Industrial Equipments and Technical Services Pvt. Ltd. (the Company) of which the petitioners were the Directors. Therefore, notwithstanding the width of prayer clause (B) of the petition, this petition is restricted to challenging the impugned orders insofar as they declare the petitioners as wilful defaulters and not to the extent that such orders declare the Company as wilful defaulter.

5. Having regard to the above position, we also make it clear that we are not examining