SFIO Officers Authorized to Prosecute Offences Under Companies Act, 1956, Per Section 621 Authority by Central Government.
Offences under the Companies Act, 1956, can only be pursued through complaints filed by the Registrar, shareholders, or the Government. The Central Government, exercising its authority under section 621 of the Act, has designated specific officers from the Serious Fraud Investigation Office (SFIO) within the Ministry of Company Affairs to file and conduct prosecutions related to such offences. These officers, all holding the position of Assistant Director, are authorized to handle cases under the Act, ensuring legal proceedings are initiated and conducted appropriately.
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