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Companies Law - Highlights / Catch Notes

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Seeking direction to investigate the affairs of Company by ...


Petition to Investigate Company Dismissed Due to Lack of Standing; Alleged Abuse of Legal Process and Forum Shopping.

June 11, 2021

Case Laws     Companies Law     Tri

Seeking 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 - 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 - Tri

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