1` IN THE HIGH COURT OF JUDICATURE AT BOMBAY NAGPUR BENCH, NAGPUR Cri. Company Application No. 32/2006 in OLR No. 49/2003 in Company Petition No. 13/2002 R.D.Gupta, Official Liquidator, High Court,Nagpur and Liquidator of M/s Narendra Dada Agro Industries Ltd. (In Liqn) vs. Mr.Ramesh Sadashivrao Chourasia and others. ----------------------------------------------------------------------------------- Notes, Office Memoranda of Coram, appearances, Court's orders Court's or Judge's or directions and Registrar's orders. Orders. CORAM : A.P.Lavande,J DATE : 11.09.2009 This is a complaint filed by the Official Liquidator under Section 454 of the Companies Act. In the present case, the Company was wound up on 10.1.2003 and statements of affairs of the company in prescribed form were not filed within a period of 21 days as required. The statements of affairs were filed on 13.4.2007. Thus, there is a delay of four years and two months in filing the statements of affairs of the company. Accused nos. 1, 3 to 6, 9 and 10 are present along with their advocates. The accused nos. 2 and 7 are reported to be indisposed and not in a position to attend this court today. However, Mr. Jaiswal, learned counsel for accused no.2 and Mr. Parsodkar, learned counsel for accused no.7 seek leave to plead guilty on 2` behalf of accused no.2 and 7 respectively. Considering the nature of the offence, I permit the learned advocates to plead guilty on behalf of accused no. 2 and 7. Accused nos. 1, 3 to 6, 9 and 10 have pleaded guilty. Advocate Mr. Jaiswal and Advocate Mr. Parsodkar appearing on behalf of accused nos. 2 and 7 respectively pleaded guilty on behalf of accused nos. 2 and 7 respectively. Considering that there is delay of four years and two months in filing the statements of affairs and considering the facts and circumstances of the case I impose fine of Rs. 9,000/- on each of the accused. The fine shall be deposited with the Registry of this Court within three weeks. In case of default of fine, each of the accused is sentenced to undergo simple imprisonment for one month. In case the fine amount is deposited by the accused, the Registrar shall transfer Rs. 3000/- each in the account of Personal Ledger Account of the Company in liquidation. The application stands disposed of. JUDGE patle 3`