The Karnataka High Court has held that once an investigation has commenced under Section 210 of Companies Act 2013, the statute does not render the Government of India powerless to assign the probe to the Serious Fraud Investigation Office under Section 212 of the Act. Dealing with these submissions the court referred to Section 212 of the Act and noted …
The Ministry of Corporate Affairs informed the Kerala High Court that the company owned by the daughter of Kerala Chief Minister Pinarayi Vijayan is under investigation.The counsel appearing for the Central Government orally told the Court that an order has been issued under Section 210 of the Companies Act 2013 to investigate the affairs of Exalogic Solutions Ltd, an IT …
