https://www.taxtmi.com/caselaws?id=424651 The court quashed the proceedings in C.C. No. 31 of 2021 due to jurisdictional issues regarding the Economic Offences Court's authority to take cognizance of the complaint without a written complaint by the Director, SFIO, as required by Section 212(6) of the Companies Act, 2013. Additionally, the court emphasized the necessity of including the Company as a party in fraud prosecutions under Section 447. The court found the complaint to be an abuse of process with malafide intentions, leading to the quashing of the proceedings and allowing the petitions. en-us Mon, 06 Jun 2022 00:00:00 +0530 Wed, 06 Jul 2022 08:13:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424651 The court quashed the proceedings in C.C. No. 31 of 2021 due to jurisdictional issues regarding the Economic Offences Court's authority to take cognizance of the complaint without a written complaint by the Director, SFIO, as required by Section 212(6) of the Companies Act, 2013. Additionally, the court emphasized the necessity of including the Company as a party in fraud prosecutions under Section 447. The court found the complaint to be an abuse of process with malafide intentions, leading to the quashing of the proceedings and allowing the petitions. Case-Laws Companies Law Mon, 06 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424651