https://www.taxtmi.com/caselaws?id=403765 The court found that the report dated 13.12.2017 submitted by the Registrar of Companies was not valid due to non-compliance with Section 206(4) of the Companies Act, 2013. Despite this, the court treated the report as a notice and directed the petitioner to respond. The order assigning the investigation to the SFIO was deemed invalid as the Central Government failed to form the necessary opinion under Section 210. The court emphasized adherence to statutory provisions and principles of natural justice. The petitioner was directed to respond to the report, and the Central Government was instructed to form an independent opinion. The order dated 07.05.2018 was invalidated, and actions against responsible officials were mandated. en-us Mon, 01 Feb 2021 00:00:00 +0530 Mon, 08 Feb 2021 14:08:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403765 The court found that the report dated 13.12.2017 submitted by the Registrar of Companies was not valid due to non-compliance with Section 206(4) of the Companies Act, 2013. Despite this, the court treated the report as a notice and directed the petitioner to respond. The order assigning the investigation to the SFIO was deemed invalid as the Central Government failed to form the necessary opinion under Section 210. The court emphasized adherence to statutory provisions and principles of natural justice. The petitioner was directed to respond to the report, and the Central Government was instructed to form an independent opinion. The order dated 07.05.2018 was invalidated, and actions against responsible officials were mandated. Case-Laws Companies Law Mon, 01 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403765