1956 (10) TMI 21 - HC - Companies Law

Summary

The High Court of Madras dismissed the appeal, stating that the investigation by the Inspector of Police, Crime Branch, C.I.D., Madras, in a case involving alleged offences under sections 406, 409, and 477A of the Indian Penal Code was not barred by section 282A of the Indian Companies Act of 1913. The Court held that the offences under the Penal Code sections were more serious than the offence under section 282A, allowing the investigation to continue.