https://www.taxtmi.com/caselaws?id=112319 The Court affirmed that an investigation under section 237 of the Companies Act requires subjective satisfaction of specific circumstances. The appellant's plea for investigation was rejected due to the Board's factual finding that the alleged circumstances were unsubstantiated. The appeal failed with no costs awarded, highlighting the need for demonstrable circumstances and subjective opinion formation under section 237. en-us Wed, 26 Sep 2007 00:00:00 +0530 Thu, 25 Dec 2014 20:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112319 The Court affirmed that an investigation under section 237 of the Companies Act requires subjective satisfaction of specific circumstances. The appellant's plea for investigation was rejected due to the Board's factual finding that the alleged circumstances were unsubstantiated. The appeal failed with no costs awarded, highlighting the need for demonstrable circumstances and subjective opinion formation under section 237. Case-Laws Companies Law Wed, 26 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112319