https://www.taxtmi.com/caselaws?id=415483 Allegations in the FIR and company proceedings both concerned mismanagement, fraud, forgery, siphoning of company funds, and improper administration of a company. The dispute had already been brought before the NCLT, and the statutory scheme under the Companies Act, 2013 contemplates inquiry, investigation, and prosecution through designated company-law mechanisms. On a prima facie view, the criminal complaint was treated as capable of scrutiny for mala fides and abuse of process, particularly where repeated FIRs followed denial of interim relief in company proceedings. Interim protection from arrest was therefore granted while investigation in the FIR was allowed to continue. en-us Tue, 30 Nov 2021 00:00:00 +0530 Tue, 07 Dec 2021 09:18:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415483 Allegations in the FIR and company proceedings both concerned mismanagement, fraud, forgery, siphoning of company funds, and improper administration of a company. The dispute had already been brought before the NCLT, and the statutory scheme under the Companies Act, 2013 contemplates inquiry, investigation, and prosecution through designated company-law mechanisms. On a prima facie view, the criminal complaint was treated as capable of scrutiny for mala fides and abuse of process, particularly where repeated FIRs followed denial of interim relief in company proceedings. Interim protection from arrest was therefore granted while investigation in the FIR was allowed to continue. Case-Laws Companies Law Tue, 30 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415483