https://www.taxtmi.com/caselaws?id=303342 Allegations centred on company affairs, including deposits, dividend non-payment, fund diversion, account irregularities, and related corporate records, were treated as matters requiring specialised corporate and forensic scrutiny under the Companies Act. The text states that such allegations may fall within the Serious Fraud Investigation Office's investigative remit rather than ordinary police inquiry. It also notes that where multiple FIRs concern substantially similar company-related transactions across different police stations, consolidation before one competent agency is appropriate to avoid duplication, inconsistency, and harassment. The operative effect described is transfer of the investigations to the SFIO, with consequential directions for cooperation. en-us Mon, 23 Dec 2019 00:00:00 +0530 Fri, 15 Jul 2022 21:29:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303342 Allegations centred on company affairs, including deposits, dividend non-payment, fund diversion, account irregularities, and related corporate records, were treated as matters requiring specialised corporate and forensic scrutiny under the Companies Act. The text states that such allegations may fall within the Serious Fraud Investigation Office's investigative remit rather than ordinary police inquiry. It also notes that where multiple FIRs concern substantially similar company-related transactions across different police stations, consolidation before one competent agency is appropriate to avoid duplication, inconsistency, and harassment. The operative effect described is transfer of the investigations to the SFIO, with consequential directions for cooperation. Case-Laws Companies Law Mon, 23 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303342