1. The present revisional application has been preferred by the petitioner
against an order dated 22.04.2022 passed by the learned Judge, 5th
Special Court, Kolkata, in the proceeding being Special Case No.
SEBI/39/2018.
2. The petitioner's case is that the petitioner had joined in Amrit Bio
Energy and Industries Limited as an executive director on
27.04.2004, for the erection and commissioning of renewal energy
power project. The said Amrit Bio Energy and Industries Limited is a
group of companies under Amrit Projects Ltd. a company incorporated
under the provisions of the companies Act, 1956. After being satisfied
with the performance of the petitioner, Kailash Chand Dujari, the
Managing Director of Amrit Projects Ltd. and its group of companies
had offered the petitioner to become director of several other group
companies of Amrit Projects Ltd. After joining the said Amrit Group the
petitioner was to look into the development and set up of a power
project of 10 M.W. in the District of Bankura, West Bengal. The said
project was successfully completed under the supervision of the
petitioner. The said Amrit Project Limited had started a business
receiving deposits from the public at large without consulting with the
petitioner. The petitioner had tendered resignation and resigned from
the said Amrit Projects Limited and all its group of companies in the
year 2013.