https://www.taxtmi.com/caselaws?id=98314 The court upheld the investigation order under Section 237(b) of the Companies Act, citing prima facie grounds for ordering the investigation related to unreasonable declaration of dividends. However, the court quashed the investigation order under Section 249(1)(a) due to lack of proper justification, emphasizing that good reasons must support such orders. The Central Government was permitted to issue a fresh investigation order under Section 249(1)(a) if valid grounds exist, and the interim order was extended for a fortnight from the date of the judgment. en-us Fri, 06 Aug 1965 00:00:00 +0530 Fri, 20 Jan 2012 11:27:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98314 The court upheld the investigation order under Section 237(b) of the Companies Act, citing prima facie grounds for ordering the investigation related to unreasonable declaration of dividends. However, the court quashed the investigation order under Section 249(1)(a) due to lack of proper justification, emphasizing that good reasons must support such orders. The Central Government was permitted to issue a fresh investigation order under Section 249(1)(a) if valid grounds exist, and the interim order was extended for a fortnight from the date of the judgment. Case-Laws Companies Law Fri, 06 Aug 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98314