Delhi HC To Hear Challenge Against Disqualification Of Directors Under Sec.164(2)(a) Of Companies Act
5 years, 7 months ago

Delhi HC To Hear Challenge Against Disqualification Of Directors Under Sec.164(2)(a) Of Companies Act

Live Law  

The Delhi High Court on Monday Cissued notice to Registrar of Companies as well as the Union of India to file counter-affidavits in a PIL challenging the validity of section 164 of the Companies Act, 2013. The petitions were filed in consequence of the September 2017 notification of the Ministry of Corporate Affairs that disqualified a number of directors of various companies under section 164 of the Companies Act, 2013. The High Courts of Madras, Gujarat and Karnataka have already held the action of Ministry of Corporate Affairs in disqualifying nearly three lakh directors for failing to file annual returns to be invalid. These High Courts reasoned that period prior to April 1, 2014 cannot be taken into consideration for disqualification under Section 164 of the Companies Act.

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History of this topic

S.29 CGST Act | SCN Must Reflect Both Reasons And Intent Of Retrospective Cancellation Of Registration: Delhi High Court
1 week, 3 days ago

S.29 CGST Act | SCN Must Reflect Both Reasons And Intent Of Retrospective Cancellation Of Registration: Delhi High Court

Live Law  

The Delhi High Court has made it clear that an order cancelling GST registration of a trader with retrospective effect will not sustain unless the show cause notice preceding such decision reflects both the reasons and the authority's intent for retrospective cancellation. A division bench of Justices Yashwant Varma and Harish Vaidyanathan Shankar observed, “in the absence of reasons having …

Delhi High Court Upholds Validity Of S.132 Of Companies Act Establishing National Financial Reporting Authority, NFRA Rules
1 month, 1 week ago

Delhi High Court Upholds Validity Of S.132 Of Companies Act Establishing National Financial Reporting Authority, NFRA Rules

Live Law  

The Delhi High Court has upheld the constitutional validity of Section 132 of the Companies Act, 2013, and Rules 3, 8, 10 and 11 of the National Financial Reporting Authority Rules, 2018.Section 132 of the Companies Act states: The Central Government may, by notification, constitute a National Financial Reporting Authority to provide for matters relating to accounting and auditing. The …

Directors Of Financial Creditors Not Disqualified From Filing Plea U/S 7 Of IBC Due To Sister Company's Default U/S 248 Of Companies Act: NCLAT
4 months, 1 week ago

Directors Of Financial Creditors Not Disqualified From Filing Plea U/S 7 Of IBC Due To Sister Company's Default U/S 248 Of Companies Act: NCLAT

Live Law  

The NLCAT New Delhi bench of Justice Ashok Bhushan and Barun Mitra held that directors of the financial creditors are not disqualified from filing a petition under section 7 of the IBC merely on the ground that sister company of the financial creditors in which they were holding the same position, defaulted under section 248 of the Companies Act in …

Employee Can Join New Employer After Previous Employer Rejects Offer
4 months, 2 weeks ago

Employee Can Join New Employer After Previous Employer Rejects Offer

Live Law  

A single judge bench of the Delhi High Court has ruled that an employer cannot deny an appointment to an employee who has already been relieved by the previous employer. The court held that the employee's failure to provide a relieving letter within the stipulated time period was the sole reason for the revocation of his appointment. The court allowed …

Employee Can Join New Employer After Previous Employer Releases Him
4 months, 2 weeks ago

Employee Can Join New Employer After Previous Employer Releases Him

Live Law  

A single judge bench of the Delhi High Court has ruled that an employer cannot deny an appointment to an employee who has already been relieved by the previous employer. The court held that the only reason for revoking the joining of the employee was that he was unable to furnish a relieving letter from BVFCL, as per the undertaking …

S.164(2) Of Companies Act 2013 Has No Retrospective Application Before 2014-15 FY : Supreme Court's Prima Facie View
7 months, 3 weeks ago

S.164(2) Of Companies Act 2013 Has No Retrospective Application Before 2014-15 FY : Supreme Court's Prima Facie View

Live Law  

The Supreme Court has expressed prima facie agreement with a judgment of the Allahabad High Court that Section 164 of the Companies Act 2013, which provides for the disqualification of directors due to non-filing of balance sheets and annual returns for any continuous period of three financial years, has no retrospective application to the periods preceding Financial. The Supreme Court …

Proceedings Under Section 13 Of Companies Act, 2013 Can’t Be Questioned In Proceedings Under Section 7 Of IBC: NCLAT Delhi
1 year, 6 months ago

Proceedings Under Section 13 Of Companies Act, 2013 Can’t Be Questioned In Proceedings Under Section 7 Of IBC: NCLAT Delhi

Live Law  

The National Company Law Appellate Tribunal, New Delhi Bench, comprising of Justice Ashok Bhushan, Shri Barun Mitra and Shri Arun Baroka, while adjudicating an appeal filed in Ishan Singh v Spaze Towers Pvt. The Financial Creditor filed an application in the Section 7 petition, praying to take on record application filed by the Corporate Debtor under Section 13 of the …

Govt Servants Can’t Be Excluded from Protection of Rights Guaranteed by Part III of Constitution: Delhi HC
1 year, 9 months ago

Govt Servants Can’t Be Excluded from Protection of Rights Guaranteed by Part III of Constitution: Delhi HC

News 18  

The Delhi High Court on Thursday observed that government servants cannot be excluded from the protection of rights guaranteed by Part III of the Constitution of India and set aside the 2019 Memorandum Order that de-recognised the Central PWD Engineers Association. By virtue of Article 19 of the Constitution of India, the right to form Association or Union or Cooperative …

Reasons For Bias Do Not Fall Under VII Schedule Of A&C Act , Petition Is Abuse Of Process Of Court : Delhi High Court
1 year, 10 months ago

Reasons For Bias Do Not Fall Under VII Schedule Of A&C Act , Petition Is Abuse Of Process Of Court : Delhi High Court

Live Law  

The Delhi High Court has held that an arbitrator can be removed under Section 14 which provides for de jure ineligibility of arbitrator only if his appointment falls within the grounds mentioned under the VII Schedule. The bench of Justice Chandra Dhari Singh held that the mandate of the arbitrator on grounds of bias and prejudice cannot be terminated if …

Companies Act, 2013 | Civil Court Has Jurisdiction To Determine Title Of Shares Issued 'Fraudulently': Calcutta High Court
2 years, 3 months ago

Companies Act, 2013 | Civil Court Has Jurisdiction To Determine Title Of Shares Issued 'Fraudulently': Calcutta High Court

Live Law  

The Calcutta High Court has clarified that under the Companies Act, 2013, Civil Courts have jurisdiction to enquire into allegations of fraud pertaining to the title of issued shares. The Court clarified that the NCLT is not competent to enquire into such allegations of fraud made in respect of refusal to transfer and/or record the names of shareholders in the …

Supreme Court to hear cases on Delhi vs Centre, Reservation policy and NRC
2 years, 6 months ago

Supreme Court to hear cases on Delhi vs Centre, Reservation policy and NRC

India Today  

The Supreme Court will hear four important and long pending cases today, September 7. The cases that the Supreme Court may hear today are: 1) Delhi vs Centre dispute over control over services The Delhi government had moved a plea before the Supreme Court in 2017 for clarification of the issue of whether administrative services and transfer postings of officials …

'Public At Large Cannot Be Put To The Whim & Fancy Of Recalcitrant Directors': Calcutta HC Upholds Disqualification Of Directors U/S 164(2) Of Companies Act
3 years, 1 month ago

'Public At Large Cannot Be Put To The Whim & Fancy Of Recalcitrant Directors': Calcutta HC Upholds Disqualification Of Directors U/S 164(2) Of Companies Act

Live Law  

The Calcutta High Court on Friday observed that the provisions for disqualification of directors due to non-filing of balance sheets and annual returns as envisaged under Section 164 and Section 167 of the Companies Act, 2013 is aimed at ensuring probity and the highest standard of governance in both private and public companies. Ltd pursuant to Section 164 of the …

Gujarat High Court Issues Notice To Centre On PIL Seeking Establishment Of NCLAT Bench At Ahmedabad
3 years, 2 months ago

Gujarat High Court Issues Notice To Centre On PIL Seeking Establishment Of NCLAT Bench At Ahmedabad

Live Law  

The Gujarat High Court on Wednesday issued a notice to the Central Government on a Public Interest Litigation plea filed seeking the establishment of a circuit/regional bench National Company Law Appellate Tribunal at Ahmedabad as per the Supreme Court's order.The Bench of Chief Justice Aravind Kumar and Justice Ashutosh J. Shastri was hearing the plea filed by the. The Gujarat …

Delhi HC Issues Notice On Plea Seeking Declaration That National Commission For Scheduled Castes Has No Power To Interfere In Sub Judice Matters
3 years, 5 months ago

Delhi HC Issues Notice On Plea Seeking Declaration That National Commission For Scheduled Castes Has No Power To Interfere In Sub Judice Matters

Live Law  

The Delhi High Court has issued notice on a plea seeking a declaration that the National Commission for Scheduled Castes has no power to interfere in sub judice matters in terms of Rule 7.4.1 of the Rules of Procedure of the Commission.Justice Rekha Palli issued notice on the plea and granted four weeks' time to the Commission for filing a …

Section 164(2) Companies Act Not Retrospective; Default Before 2014-15 FY Can't Be Considered : Kerala High Court
3 years, 9 months ago

Section 164(2) Companies Act Not Retrospective; Default Before 2014-15 FY Can't Be Considered : Kerala High Court

Live Law  

The Kerala High Court on Wednesday dismissed a batch of petitions challenging the disqualification of around 250 Directors of Companies under Sections 164 and 167 of the Companies Act and issued a set of directions and declarations regarding the concerns raised in the petitions. Disqualification based on default prior to 01.04.2014 bad in law and set aside The petitioners argued …

Delhi High Court Issues Notice in Plea Challenging Appointment of 11 Special PPs For Representing Delhi Police in Riots Cases
4 years, 4 months ago

Delhi High Court Issues Notice in Plea Challenging Appointment of 11 Special PPs For Representing Delhi Police in Riots Cases

Live Law  

Delhi High Court has issued notice in a plea challenging the appointment of eleven Special Public Prosecutors for conducting cases pertaining to the riots that took place in the northeast districts of Delhi. Moved by Delhi Prosecutors Welfare Association, the writ petition challenges the notification dated 24/06/20 issued by the Delhi Government whereby eleven Special Public Prosecutors were appointed for …

Sec 138 NI Act : Non-Executive Directors Of Company Not Liable Without Specific Allegations: Delhi HC [Read Judgment]
5 years ago

Sec 138 NI Act : Non-Executive Directors Of Company Not Liable Without Specific Allegations: Delhi HC [Read Judgment]

Live Law  

In a case regarding the Dishonor of Cheque against a private limited company, the Delhi High Court held that the Non-executive Directors of the company cannot be held liable for the dishonour of cheque without specific allegations against them. The single bench of Justice Manoj Kumar Ohri said, "To fasten the criminal liability under The Negotiable Instruments Act, 1881, the …

Delhi HC Issues Notice On Plea Challenging MCA Notification For Technical Member Post In NCLAT
5 years, 1 month ago

Delhi HC Issues Notice On Plea Challenging MCA Notification For Technical Member Post In NCLAT

Live Law  

The Delhi High Court on Tuesday issued notice in a plea challenging the notification of Ministry Of Corporate Affairs, inviting applications for the post of Technical Member of NCLAT. The Petitioner has challenged the notification dated 10/05/19 by Ministry of Corporate Affairs, inviting applications for appointment of Technical Member of NCLAT. It was submitted by the Petitioner that the said …

Delhi HC Rejects Plea Of 11 Persons Who Were Deprived of Filing Nominations For Delhi Elections
5 years, 1 month ago

Delhi HC Rejects Plea Of 11 Persons Who Were Deprived of Filing Nominations For Delhi Elections

Live Law  

Delhi High Court has rejected the plea moved by 11 persons who were deprived of filing their nomination papers, for the upcoming Delhi Assembly Elections, by the Returning Officer. The Single Bench of Justice Sanjeev Sachdeva has noted that as per section 100 of the Representation of the People Act, 1951, such petitions can't be moved before the High Court …

Delhi HC Issues Notice On A PIL Challenging The Notification Requiring 25 Years Of Experience In Law For Technical Members Of NCLAT
5 years, 3 months ago

Delhi HC Issues Notice On A PIL Challenging The Notification Requiring 25 Years Of Experience In Law For Technical Members Of NCLAT

Live Law  

Delhi High Court has issued notice to the Central Government in a PIL challenging the validity of the notification requiring 25 years of experience in law for a person to be considered for a post of Technical Member of National Company Law Appellate Tribunal. Moreover, as per the decision of the Supreme Court in Madras Bar Association v. Union of …

Delhi HC To Hear A Plea Challenging Validity Of Delhi Govt's Odd-Even Rule [Read Petition]
5 years, 4 months ago

Delhi HC To Hear A Plea Challenging Validity Of Delhi Govt's Odd-Even Rule [Read Petition]

Live Law  

Delhi High Court will hear on November 1 a PIL challenging the validity of the Delhi Government's flagship programme, 'Odd-Even Rule', which is aimed at reducing vehicular pollution in the national capital. Filed by Advocate Shashwat Bhardwaj, the petition seeks the writ of certiorari to be issued to quash the decision of the Delhi Government to implement the Odd-Even Rule …

Delhi HC Stays Govt. Notification Inviting Applications For Legal Researchers From 5-year LL.B. Course only [Read Order]
5 years, 7 months ago

Delhi HC Stays Govt. Notification Inviting Applications For Legal Researchers From 5-year LL.B. Course only [Read Order]

Live Law  

The High Court of Delhi has issued notice in a Writ Petition filed by a student, alleging hostile discrimination done by the Govt. The petition was filed by Akash Verma, impugning the notification issued by central government on 28.05.2019, inviting applications from graduates in Law for appointment as Legal Research Associates on contract. The petition was filed by Akash Verma, …

Can CCI Probe Company Directors For Violation Of Competition Act? SC To Decide In Mahyco-Monsanto's Plea
6 years, 1 month ago

Can CCI Probe Company Directors For Violation Of Competition Act? SC To Decide In Mahyco-Monsanto's Plea

Live Law  

The Supreme Court yesterday issued notice on the Special Leave Petition filed by Mahyco Monsanto Biotech Ltd against a Delhi High Court judgment, which upheld the probe initiated by the Competition Commission of India against the directors and key officials of the company for violation of anti-trust laws.MMB, a joint venture of Mahyco and Monsanto Holdings Pvt Ltd, is. The …

Disqualification Of Directors : Companies Act 2013 Takes Effect Only From FY 2014-15; Gujarat HC Quashes MCA List [Read Judgment]
6 years, 2 months ago

Disqualification Of Directors : Companies Act 2013 Takes Effect Only From FY 2014-15; Gujarat HC Quashes MCA List [Read Judgment]

Live Law  

The Gujarat High Court has quashed the list of disqualified directors published by the Ministry of Corporate Affairs on September 12, 2017. The Court held that Section 164 of the Companies Act is prospective in nature and will take effect only from its date of notification, viz, April 1, 2014.In September 2017, the MCA had published a list of nearly …

Delhi HC Notice To AAP Govt For Not Doing Enough To Enable Consumers Benefit From Consumer Protection Act [Read Order]
6 years, 3 months ago

Delhi HC Notice To AAP Govt For Not Doing Enough To Enable Consumers Benefit From Consumer Protection Act [Read Order]

Live Law  

The Delhi High Court has asked the Delhi government to show cause why rule nisi be not issued against it for its failure to take effective steps to fill up vacancies, adopting summary procedures and providing infrastructure in the various consumer forums to ensure speedy disposal of consumer complaints under the Consumer Protection Act, which is a beneficial legislation.A bench …

NCLT Empowered To Decide Issues Relating To Allotment Of Share Capital, Alteration And Rectification Of The Register Of Members: Delhi HC [Read Judgment]
6 years, 5 months ago

NCLT Empowered To Decide Issues Relating To Allotment Of Share Capital, Alteration And Rectification Of The Register Of Members: Delhi HC [Read Judgment]

Live Law  

'The non-compliance of any conditions contained in Section 62 of the 2013 Act also constitutes mismanagement of the company, inasmuch as under Section 241 of the 2013 Act, the conduct of affairs of the company "in a manner prejudicial" to any member or "in a manner prejudicial to the interest of the company", would be governed by the same. The …

Corporate Life Extinguished Without Being Heard: Madras HC Sets Aside RoC’s Order Disqualifying Pvt Firms’ Directors For Non-Filing Of Financial Statements [Read Order]
6 years, 7 months ago

Corporate Life Extinguished Without Being Heard: Madras HC Sets Aside RoC’s Order Disqualifying Pvt Firms’ Directors For Non-Filing Of Financial Statements [Read Order]

Live Law  

The Madras High Court has set aside the disqualification of directors of private companies for failure to file annual returns/ financial statement for three consecutive years saying the same the disqualification was disproportionate to the lapse as the default.Justice T Raja said the Registrar of Companies cannot disqualify directors, over 35,000 in number, for the financial years. By virtue of …

Corporate Life Extinguished Without Being Heard: Madras HC Sets Aside RoC’s Order Disqualifying Pvt Firms’ Directors For Non-Filing Of Financial Statements [Read Order]
6 years, 7 months ago

Corporate Life Extinguished Without Being Heard: Madras HC Sets Aside RoC’s Order Disqualifying Pvt Firms’ Directors For Non-Filing Of Financial Statements [Read Order]

Live Law  

The Madras High Court has set aside the disqualification of directors of private companies for failure to file annual returns/ financial statement for three consecutive years saying the same the disqualification was disproportionate to the lapse as the default.Justice T Raja said the Registrar of Companies cannot disqualify directors, over 35,000 in number, for the financial years. By virtue of …

Advocate Sends Representation To Delhi HC ACJ Gita Mittal Against State Filing Writ Under Art 226, Seeks Amendment To HC Rules
7 years ago

Advocate Sends Representation To Delhi HC ACJ Gita Mittal Against State Filing Writ Under Art 226, Seeks Amendment To HC Rules

Live Law  

An advocate and a professor of Law have made a representation to the Delhi High Court Acting Chief Justice Gita Mittal seeking amendment to the Delhi High Court Rules relating to regulation of proceedings for issue of Writs under Article 226 of the Constitution of India and stressing that states should not be allowed to challenge Tribunal’s order under Article …

Advocate Sends Representation To Delhi HC ACJ Gita Mittal Against State Filing Writ Under Art 226, Seeks Amendment To HC Rules
7 years ago

Advocate Sends Representation To Delhi HC ACJ Gita Mittal Against State Filing Writ Under Art 226, Seeks Amendment To HC Rules

Live Law  

An advocate and a professor of Law have made a representation to the Delhi High Court Acting Chief Justice Gita Mittal seeking amendment to the Delhi High Court Rules relating to regulation of proceedings for issue of Writs under Article 226 of the Constitution of India and stressing that states should not be allowed to challenge Tribunal’s order under Article …

Cannot Escape Petition On Inheritance By Muslim Women Just Because LCI Is Examining UCC: Delhi HC [Read Order]
7 years, 3 months ago

Cannot Escape Petition On Inheritance By Muslim Women Just Because LCI Is Examining UCC: Delhi HC [Read Order]

Live Law  

The Delhi High Court, last week, refused to exempt the Centre from filing a counter-affidavit on a Petition challenging the laws of succession so far as entitlement to inheritance of Muslim women is concerned.The Bench comprising Acting Chief Justice Gita Mittal and Justice C. Hari Shankar noted that the Centre had sought an adjournment submitting that the issue of framing …

Delhi HC Rejects Plea For CAG Audit Of Delhi And Mumbai International Airports [Read Judgment]
7 years, 6 months ago

Delhi HC Rejects Plea For CAG Audit Of Delhi And Mumbai International Airports [Read Judgment]

Live Law  

The Delhi High Court, on Wednesday, refused to entertain a Petition demanding an audit into the accounts of Delhi International Airport Ltd. and Mumbai International Airport Ltd. by the Comptroller and Auditor General of accounts.The Bench comprising Acting Chief Justice Gita Mittal and Justice C. Hari Shankar disposed of the Petition with a direction to the Centre to treat. The …

Breaking:No Coercive Action Against Lawyers & Law Firms For Non-Compliance With GST Until Centre’s Clarification: Delhi HC [Read Order]
7 years, 8 months ago

Breaking:No Coercive Action Against Lawyers & Law Firms For Non-Compliance With GST Until Centre’s Clarification: Delhi HC [Read Order]

Live Law  

The Delhi High Court on Wednesday directed the Centre to abstain from taking any coercive action against lawyers and law firms for non-compliance with any legal requirement under the CGST Act, IGST Act or the DGST Act till further clarification is issued by the Centre and the State in this regard.The Bench comprising Justice S. Muralidhar and Justice Pratibha M. …

HC Issues Notice On Plea Seeking Declaration of Delhi Assembly Session Unconstitutional [Read Petition]
8 years, 1 month ago

HC Issues Notice On Plea Seeking Declaration of Delhi Assembly Session Unconstitutional [Read Petition]

Live Law  

The Delhi High Court on Monday issued a notice to the Delhi Government, Ministry Of Home Affairs and Assembly Secretary on a petition seeking the recent Delhi assembly session be declared unconstitutional.Justice Sanjeev Sachdeva was hearing a petition filed by Delhi lawyer Prashant Kumar Umrao.Advocate RP Luthra, counsel for the petitioner, argued that the present session of the. The Delhi …

HC Issues Notice On Plea Seeking Declaration of Delhi Assembly Session Unconstitutional [Read Petition]
8 years, 1 month ago

HC Issues Notice On Plea Seeking Declaration of Delhi Assembly Session Unconstitutional [Read Petition]

Live Law  

The Delhi High Court on Monday issued a notice to the Delhi Government, Ministry Of Home Affairs and Assembly Secretary on a petition seeking the recent Delhi assembly session be declared unconstitutional.Justice Sanjeev Sachdeva was hearing a petition filed by Delhi lawyer Prashant Kumar Umrao.Advocate RP Luthra, counsel for the petitioner, argued that the present session of the. The Delhi …

Delhi HC dismisses challenge against reduction of Quota for Promotion in CISF : [Read Judgment]
8 years, 7 months ago

Delhi HC dismisses challenge against reduction of Quota for Promotion in CISF : [Read Judgment]

Live Law  

The Delhi High Court, in its judgement delivered on 8th august 2016 dismissed a writ petition filed against the 2009 amendment to the CISF Recruitment Rules 1969. The petition claimed that the 2009 amendment was violative of Fundamental Rights inscribed under Art 14 and Art 16 of the constitution of India.The CISF inspectors filed the above petition in respect of …

PIL filed in Delhi HC against AAP Govt's DDCA Inquiry
9 years, 2 months ago

PIL filed in Delhi HC against AAP Govt's DDCA Inquiry

India TV News  

PIL filed in Delhi HC against AAP Govt's DDCA Inquiry New Delhi: A PIL was today filed in the Delhi High Court challenging the AAP government's decision to set up a Commission of Inquiry to probe alleged "malpractices and irregularities" in functioning of DDCA.The petition New Delhi: A PIL was today filed in the Delhi High Court challenging the AAP …

SC issues notice on PIL challenging Bar Association (Constitution and Registration) Rules, 2015
9 years, 6 months ago

SC issues notice on PIL challenging Bar Association (Constitution and Registration) Rules, 2015

Live Law  

A Special Leave Petition has been filed in the Supreme Court of India challenging the Bar Association Rules, 2015 framed by the Punjab and Haryana State Bar Council. The High Court had ruled that wherever election to the Bar Association has been held before 11.05.2015, the elected office bearers would hold office till fresh elections are held as per the …

SC dismisses PIL seeking probe in to Delhi Lower Judiciary Laptop Scam [UPDATED]
9 years, 8 months ago

SC dismisses PIL seeking probe in to Delhi Lower Judiciary Laptop Scam [UPDATED]

Live Law  

Supreme Court of India Today dismissed the Public Interest Litigation filed by a Second year Law student Vibhor Anand, seeking probe in to the ‘Laptop Scam’ which rocked the lower judiciary in Delhi last year on the ground that the Chief Justice of Delhi High Court had already started inquiry in to the allegations by constituting a panel. He has …

Delhi High Court Upholds Validity Of Section 132(4) Of Companies Act And National Financial Reporting Authority Rules
12 years, 1 month ago

Delhi High Court Upholds Validity Of Section 132(4) Of Companies Act And National Financial Reporting Authority Rules

Live Law  

The Delhi High Court has recently dismissed a challenge to the constitutional validity of Section 132 of the Companies Act, 2013 and Rules 3, 8, 10 and 11 of the National Financial Reporting Authority Rules, 2018. Section 132 Companies Act The petitioners argued that the retrospective operation of Section 132 of the Companies Act is illegal and against their vested …

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