Investigation proceedings continue despite voluntary winding up or related judicial applications under company law. Section 250A preserves the continuity of official inquiries by allowing an investigation under the Companies Act to be initiated or continued even if an application for judicial intervention has been filed or the company has passed a special resolution for voluntary winding up, and it prohibits stopping or suspending the investigation solely for those reasons.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Investigation proceedings continue despite voluntary winding up or related judicial applications under company law.
Section 250A preserves the continuity of official inquiries by allowing an investigation under the Companies Act to be initiated or continued even if an application for judicial intervention has been filed or the company has passed a special resolution for voluntary winding up, and it prohibits stopping or suspending the investigation solely for those reasons.
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