https://www.taxtmi.com/caselaws?id=416558 Allegations against a company employee in her personal capacity, including misappropriation, forgery, falsification of accounts and cheating, were treated as disclosing cognizable offences under the Penal Code. The court noted that the Companies Act investigation scheme under Sections 210, 211 and 212 applies to investigation into a company's affairs, and that Section 212(2) bars other agencies only where a case has been assigned to the SFIO for offences under the Act. As the materials did not show a purely Companies Act fraud or a bar on CID action, quashing under Section 482 CrPC was not warranted. en-us Thu, 12 Aug 2021 00:00:00 +0530 Sat, 01 Jan 2022 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416558 Allegations against a company employee in her personal capacity, including misappropriation, forgery, falsification of accounts and cheating, were treated as disclosing cognizable offences under the Penal Code. The court noted that the Companies Act investigation scheme under Sections 210, 211 and 212 applies to investigation into a company's affairs, and that Section 212(2) bars other agencies only where a case has been assigned to the SFIO for offences under the Act. As the materials did not show a purely Companies Act fraud or a bar on CID action, quashing under Section 482 CrPC was not warranted. Case-Laws Companies Law Thu, 12 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416558