https://www.taxtmi.com/caselaws?id=400207 Allegations of forgery, cheating and misappropriation arising from the affairs of a private company were treated as matters of company mismanagement governed by the Companies Act, 2013. The Court noted that the Act is a self-contained code for investigation and prosecution of company-related fraud, including the statutory mechanism involving the Serious Fraud Investigation Office and section 212 procedure for offences under section 447. It found that the investigation in this matter had been conducted by the police instead of through that framework, and considered the dispute to stem from tensions among directors. On that basis, together with the applicant's status as a woman and the fact that the case was triable by a Magistrate, bail was granted without opinion on merits. en-us Thu, 22 Oct 2020 00:00:00 +0530 Sat, 31 Oct 2020 07:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400207 Allegations of forgery, cheating and misappropriation arising from the affairs of a private company were treated as matters of company mismanagement governed by the Companies Act, 2013. The Court noted that the Act is a self-contained code for investigation and prosecution of company-related fraud, including the statutory mechanism involving the Serious Fraud Investigation Office and section 212 procedure for offences under section 447. It found that the investigation in this matter had been conducted by the police instead of through that framework, and considered the dispute to stem from tensions among directors. On that basis, together with the applicant's status as a woman and the fact that the case was triable by a Magistrate, bail was granted without opinion on merits. Case-Laws Companies Law Thu, 22 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400207