Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Step 1 – Issue Identification & Review
The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.
• Review the issues identified by the AI • Add, edit, remove, or refine issues as required
Step 2 – Draft Generation
Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.
• Relevant statutory provisions • Judicial precedents and Supreme Court, High Court and other citations • Issue-wise legal analysis • Practical arguments and supporting content • Professionally structured draft ready for further review.
SFIO investigation report admissible as evidence under Section 212(12)/212(14A) and akin to Section 173 CrPC report upheld 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 ...
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.
SFIO investigation report admissible as evidence under Section 212(12)/212(14A) and akin to Section 173 CrPC report upheld
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 may be treated as admissible evidence akin to a Section 173 CrPC report for proceedings under Section 212(14A). The court found no merit in challenges to the NCLT's consideration of the SFIO report, the second SFIO report, and the compilation of documents filed by the respondent on 07.02.2024, noting insufficient pleadings in the company petition/miscellaneous application to displace their admissibility.
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.
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