A Petition was filed involving Mr. Azim Premji and India Awake for Transparency (NGO) in the Madras High Court, wherein the issue was the cancellation of a license by the Regional Director of the Ministry of Corporate Affairs (MCA) that was issued to the NGO. HC noted that Representatives of the NGO filed multiple petitions for the same cause of action against the former chairman of Wipro Mr. Azim Premji and tried to ruin the trust and goodwill formed by him. Justice M. Dhandapani clarified that the power of canceling the license vests with the Central Government in case a company registered under Sec. 8 of the Companies Act is spreading violence or involved in any kind of prejudicial behaviour against the public. The Petitioner contended that notice was not issued to it. Trashing this contention, the HC made a remark that, along with the notice, a period of 6 weeks was also granted to the Petitioner to make representation. The HC stated that the Regional Director, MCA would be unaware of the company’s activities and would be deeply involved in them, especially in light of the mockery drawn from the Karnataka HC by the Petitioner and the numerous lawsuits that have been filed against its Directors for misappropriating off the funds of the companies that were being investigated by SFIO. The HC observed that the Karnataka High Court took the suo-moto action for criminal contempt against the Petitioner. It was also observed that the Supreme Court disapproved of the Petitioner trying to complicate the Karnataka High Court’s proceedings by seeking adjournment and thus it framed a proper time schedule within which the proceedings should be completed. Thus, the Madras HC opined that it was not right to sustain the impugned order of MCA only in support of a notice issued by Karnataka HC in one of the matters. Justice M. Dhandapani concluded that there would be no interference in the well-considered order that had been passed by MCA. The order was upheld by the Court.
