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 …
Exalogic Solutions, an IT company of which Kerala Chief Minister Pinarayi Vijayan's daughter Veena Vijayan is a Director, on Thursday, filed a petition in the Karnataka High Court seeking to quash the order dated January 31, passed by the Union of India directing the Serious Fraud Investigation Office to investigate the company. However, in August 2023, the ROC issued a …
