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2021 Supreme(Del) 2055

PRATHIBA M. SINGH
Axis Ispat Private Limited – Appellant
Versus
Union Of India & Ors – Respondent


Advocates appeared:
Dayan Krishnan, Advocate, Vikas Mehta, Advocate, Shakeel Ahmad, Advocate, Apoorv Khator, Advocate, Nidhi Raman, Advocate

JUDGMENT

Prathiba M. Singh, J. - This hearing has been done through hybrid mode (physical and virtual hearing).

    CM APPL. 12279/2021 (for exemption)

    2. Allowed, subject to all just exceptions. Application is disposed of.

      WP(C) 4063/2021 & CM APPL. 12278/2021 (for interim relief)

      3. The Petitioner, Axis Ispat Private Limited, has filed the present petition seeking quashing of the 37 show cause notices, dated 28th January, 2021, issued against the Petitioner, by the Ministry of Corporate Affairs, Union of India, under various sections of the Companies Act, 2013. A further prayer of the Petitioner is for the quashing of the letter dated 18th March, 2019, vide which, inspection of the books of accounts and other statutory records of the Petitioner company under section 206(5) of the Companies Act, 2013 was sought for by the Ministry of Corporate Affairs.

      4. The submission of Mr. Dayan Krishnan, ld. senior counsel appearing for the Petitioner, is that although, under Section 206 of the Companies Act, the Registrar of Companies has the power to call for information, inspection of books, and to conduct an inquiry, however, the Registrar would have to first call upon the Petitioner to give an e

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