Preity Zinta & co-owner of Kings XI Punjab get relief as court stays case proceedings
Wed, 08/04/2010 - 06:27 by Priyanka Sharma
After the court proceedings, Preity’s counsel D S Patwalia confirmed the news to the awaiting media persons outside and said in a statement: "Justice Nirmaljit Kaur has put a stay on the proceedings of this case, giving relief to my client and other three owners of Kings XI team. Further decisions will be taken on September 22.”
Justice Kaur has also stayed the July 24 bailable warrant issued by the lower court after three of the four co-owners failed to appear before court for the hearing.
The case so far
The whole issue started back in April when the Registrar of Companies (ROC) office filed a lawsuit against the starlet and the other three co-owners of the Kings XI Punjab team, alleging that they had not submitted their balance sheet and returns even after repeated summons to do so.
After getting the complaint, court ordered actress Preity Zinta, industrialist Ness Wadia, and businessmen Karan Paul and Mohit Burman to appear before court on July 24.
On the very same day, bailable warrants were issued, when Zinta, Wadia, and Burman failed to abide by the court. Meanwhile, Paul escaped courts reprimand since he had sent his counsel to appear on his behalf.
Case by ROC frivolous—Preity’s counsel
Preity Zinta’s counsel chided ROC for dragging them to court for a “frivolous” case like this as the registrar could have simply asked for what they needed to fulfill the formalities.
“Since the offence, if any, was only procedural it was incumbent upon the registrar to first give a notice to the company as well as Preity for compliance. However, without exhausting that remedy or without issuing a notice for non-compliance, the registrar has straight away approached the court and filed a complaint. This is only to gain publicity from the said complaint,” said Patwalia.
