H. S. Thakur, J.—This is an appeal filed by the appellants/contemners under Section 19 of the Contempt of Courts Act, 1971 against the judgment of the learned Single Judge (T. R. Handa, J.) whereby the appellants have been punished with simple imprisonment for a period of two months and to pay a fine of Rs. 2,000 each, for committing the contempt of the court.

2. The relevant facts culminating in the contempt proceedings may be stated in brief. The appellants, besides others, were the Directors of the Company known as Hypina Corbons Limited, Nalagarh. A petition for winding up of the Company was filed in this Court on 31-3-1977. After a protracted trial, this Court on 16-5-1978 passed orders that the affairs of the aforesaid Company be compulsorily wound up and necessary further steps in this behalf be taken. Against this order of the winding up, the Company preferred an appeal being Coy. Appeal No. 1 of 1978. An application under Section 466 of the Act read with rule 9 of the, Company (Court) Rules, 1959, praying for the stay of the operation of the winding up order, was also £led. The then Acting Chief Justice (Justice T. U. Mehta) on 31-5-1978, passed an interim order st