https://www.taxtmi.com/caselaws?id=308680 Allegations of mismanagement, forgery, misappropriation and cheating arising out of company affairs were found to require examination of corporate accounts, assets, transactions and management, rather than ordinary police investigation. The court noted that the Companies Act, 2013 provides specific remedies and investigative mechanisms for oppression and mismanagement, inquiry by the Registrar, Central Government investigation, SFIO investigation, and prosecution before the Special Court. Because the controversy involved intricate corporate and forensic issues, the criminal complaint and FIR were quashed, and the complainant was directed to pursue the statutory remedies before the competent company-law authorities. en-us Wed, 03 Apr 2019 00:00:00 +0530 Thu, 13 Jul 2023 07:39:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308680 Allegations of mismanagement, forgery, misappropriation and cheating arising out of company affairs were found to require examination of corporate accounts, assets, transactions and management, rather than ordinary police investigation. The court noted that the Companies Act, 2013 provides specific remedies and investigative mechanisms for oppression and mismanagement, inquiry by the Registrar, Central Government investigation, SFIO investigation, and prosecution before the Special Court. Because the controversy involved intricate corporate and forensic issues, the criminal complaint and FIR were quashed, and the complainant was directed to pursue the statutory remedies before the competent company-law authorities. Case-Laws Indian Laws Wed, 03 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308680