https://www.taxtmi.com/caselaws?id=386127 The Tribunal ordered an investigation into the affairs of the 1st Respondent Company under Section 213(b) of the Companies Act, 2013, due to prima facie evidence of fraud, mismanagement, and diversion of funds by both Petitioners and Respondents. The investigation aims to uncover the misuse of funds collected through the IPO and bring those responsible to justice, with inspectors appointed by the Central Government tasked to report on the diversion of funds and misfeasance by management for the benefit of the company's stakeholders. en-us Tue, 11 Jun 2019 00:00:00 +0530 Mon, 23 Sep 2019 07:20:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386127 The Tribunal ordered an investigation into the affairs of the 1st Respondent Company under Section 213(b) of the Companies Act, 2013, due to prima facie evidence of fraud, mismanagement, and diversion of funds by both Petitioners and Respondents. The investigation aims to uncover the misuse of funds collected through the IPO and bring those responsible to justice, with inspectors appointed by the Central Government tasked to report on the diversion of funds and misfeasance by management for the benefit of the company's stakeholders. Case-Laws Companies Law Tue, 11 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386127