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2021 (6) TMI 345 - Tri - Companies LawSeeking direction to investigate the affairs of Company by Inspector(s) appointed by the Central Government - freezing of assets of the R-1 Company for a period of 3 years pursuant to the investigation by the Inspector(s) appointed by the Central Government - HELD THAT:- In the instant case, though the Petitioner has no locus standi even to raise the alleged grievance before statutory Authorities or to approach various Courts/Tribunal, used to file frivolous Applications/Petitions on untenable grounds. The Petitioner did not stop to file its frivolous Petitions/Applications, even when the Central Government has passed a detailed order dated 10th November, 2017, in pursuance to an order passed by Delhi High Court by inter alia holding that there is nothing wrong in the affairs of 3 Companies involved in the instant Application. Therefore, the contentions/allegations of the Petitioner that there are various illegalities committed by Respondent and in all three Companies in question has no substance at all, and they are baseless and liable to be rejected. The Petitioner has no locus standi to file instant Petition, and it wants to order roving enquiry for ulterior purpose by abusing the process of law and resorting to forum shopping - petition dismissed.
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