(a) whether the Government have appointed legal professionals to fight the cases especially in regard to the vanished companies;
(b) if so, the details of such legal professionals appointment so far; and
(c) the further efforts being made to appoint more legal professionals to fight out these cases with a time bound programme?
MINISTER OF COMPANY AFFAIRS ( SHRI PREM CHAND GUPTA)
(a) Yes Sir.
(b) Legal professionals are engaged in all the cases of prosecutions filed against the Vanishing Companies and their promoters/directors. These professionals are engaged from the panels` approved/maintained by the Department of Legal Affairs, Ministry of Law & Justice at various locations through out the country, as per requirement. Number of Vanishing Companies in which such legal professionals have been appointed are given as under:
i) Northern Region : 16 ii) Eastern Region : 3 iii) Western Region : 10 iv) Southern Region : 10