TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SFIO investigation report admissible as evidence under Section 212(12)/212(14A) and akin to Section 173 CrPC report upheld</h1> <h3>Deloitte Haskins And Sells LLP Versus Union Of India & Others</h3> The SC dismissed the civil appeal, upholding the NCLAT/NCLT conclusion that the SFIO investigation report under Section 212(12) of the Companies Act, 2013 ... Interpretation of Section 212(15) and sub-section (5) of Section 223 - Legality of investigation Report submitted by the Serious Fraud Investigation Office (SFIO) under Section 212(12) of the Companies Act, 2013 - admissible as legal evidence or not, as SFIO Report have been equated as report prepared under Section 173 of the Code of Criminal Procedure (CrPC) 1973 - relevance of 2nd SFIO Report and the Compilation of Documents filed by the Respondent on 07.02.2024 before the NCLT - no sufficient pleadings in the Company Petition/ Miscellaneous Application filed by the Respondent with respect to the SFIO Report and documents and Compilation of the Documents - it was held by NCLAT that the SFIO Report is admissible in proceedings under Section 212(14A), and the NCLT did not err in considering the report and associated documents. HELD THAT:- There are no merit in this Appeal - the Civil Appeal is dismissed. The Supreme Court heard senior counsel for the parties on caveat and, after consideration, concluded that 'We do not find any merit in this Appeal.' The Court therefore ordered: 'Hence, the Civil Appeal is dismissed.' The judgment is an interlocutory dispositional order with no elaborated reasons recorded in the text provided; it confines itself to the procedural outcome and disposition of ancillary matters, directing that 'Pending application(s), if any, shall stand disposed of.' The ruling uses standard appellate terminology - merit, appeal, civil appeal, and pending applications - and effects a final dismissal of the appeal on the basis stated.
TaxTMI 
TaxTMI 
