https://www.taxtmi.com/caselaws?id=368373 The tribunal allowed the petition for the appointment of an inspector under Section 237(b) of the Companies Act, 1956, directing the Central Government to appoint an inspector to investigate the affairs of the respondent company, M/s. Surya Pharmaceutical Limited. The tribunal found sufficient grounds for investigation based on evidence of financial irregularities and diversion of funds by the respondent company, as highlighted in the audited balance sheets and other discrepancies. The petition was deemed maintainable despite objections raised by the respondent, and the tribunal ordered further investigation into the company's affairs. en-us Wed, 29 Aug 2018 00:00:00 +0530 Wed, 23 Jan 2019 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368373 The tribunal allowed the petition for the appointment of an inspector under Section 237(b) of the Companies Act, 1956, directing the Central Government to appoint an inspector to investigate the affairs of the respondent company, M/s. Surya Pharmaceutical Limited. The tribunal found sufficient grounds for investigation based on evidence of financial irregularities and diversion of funds by the respondent company, as highlighted in the audited balance sheets and other discrepancies. The petition was deemed maintainable despite objections raised by the respondent, and the tribunal ordered further investigation into the company's affairs. Case-Laws Companies Law Wed, 29 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368373