By the order dated 15.11.2011, the Registrar Firms Societies & Chits, U.P., Lucknow has asked the Assistant Registrar Firms Societies & Chits Railway Road, Saharanpur to produce the inquiry report within one month. While issuing the notice to the petitioners in respect of making inquiry vide letter dated 3.12.2011 the Assistant Registrar Firms Societies & Chits Railway Road, Saharanpur has stopped the operation of the bank accounts in Punjab National Bank Branch E.K. Road, Meerut of Vidya Bal Mandli, Meerut and others.
Learned counsel for the petitioners submitted that while making the inquiry the Assistant Registrar Firms Societies & Chits Railway Road, Saharanpur has no jurisdiction to stop the operation of the bank accounts.
The submission of the learned counsel for the petitioners has substance.
Learned Standing Counsel appears on behalf of respondent nos. 1 to 3. Issue notice to respondent no.4. All the respondents may file counter affidavit within four weeks. Rejoinder affidavit may be filed within two weeks thereafter.
List thereafter.
Till the next date of listing, the operation of the direction of the Assistant Registrar Firms Societies & Chits Railway Road, Saharanpur stopping the operation of the bank accounts of Vidya Bal Mandli, Society, Vidya College of Engineering School of Business, Vidya Institute of Fashion Techonology, Vidya Institute of Creative Teaching, Vidya Institute of Training and Development, Vidya Institute School of Business and Vidya Global School shall remain stayed. The Assistant Registrar Firms Societies & Chits Railway Road, Saharanpur is directed to proceed and make inquiry as desired by the Registrar Firms Societies & Chits, U.P., Lucknow and submit the same within the stipulated period.
Order Date :- 19.12.2011 OP