https://www.taxtmi.com/caselaws?id=388041 The appeal was dismissed, affirming the NCLT's jurisdiction under Section 213 of the Companies Act, 2013, and its authority to refer matters for investigation to the SFIO based on alleged fraudulent activities and financial irregularities by the Corporate Debtor and its group companies. The judgment upheld the Adjudicating Authority's directions for investigation, emphasizing the NCLT's power to act in public interest and refer cases for investigation in instances of suspected fraud. en-us Wed, 24 Jul 2019 00:00:00 +0530 Thu, 07 Nov 2019 06:11:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388041 The appeal was dismissed, affirming the NCLT's jurisdiction under Section 213 of the Companies Act, 2013, and its authority to refer matters for investigation to the SFIO based on alleged fraudulent activities and financial irregularities by the Corporate Debtor and its group companies. The judgment upheld the Adjudicating Authority's directions for investigation, emphasizing the NCLT's power to act in public interest and refer cases for investigation in instances of suspected fraud. Case-Laws Insolvency and Bankruptcy Wed, 24 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388041