Housewives, domestic help made company directors in early 2000s: Delhi High Court junks bank fraud case against two women

“Invariably, one man or a few men ran the affairs of such companies, to collect money and the others were completely unaware of the conduct of the affairs of the companies,” the Court noted.
J Asha menon
J Asha menon

Taking note of a time when mushrooming private limited companies appointed homemakers, domestic helps and other individuals as directors, the Delhi High Court on Wednesday quashed criminal proceedings against two women accused by the Central Bureau of Investigation (CBI) of bank fraud [Kabita Ghosh & Anr v. CBI].

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