https://www.taxtmi.com/caselaws?id=110010 The court upheld the Company Law Board's order for investigation under Section 237(b)(i) of the Companies Act, dismissing the appeals. It found that the investigation was justified based on substantial material and allowed simultaneous investigations by multiple authorities, emphasizing the importance of preventing fraudulent activities and protecting public interest. The court highlighted the need for a purposive interpretation of the statute and maintained the status quo until a specified date. en-us Thu, 31 Mar 2005 00:00:00 +0530 Fri, 13 Apr 2012 13:30:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110010 The court upheld the Company Law Board's order for investigation under Section 237(b)(i) of the Companies Act, dismissing the appeals. It found that the investigation was justified based on substantial material and allowed simultaneous investigations by multiple authorities, emphasizing the importance of preventing fraudulent activities and protecting public interest. The court highlighted the need for a purposive interpretation of the statute and maintained the status quo until a specified date. Case-Laws Companies Law Thu, 31 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110010