https://www.taxtmi.com/caselaws?id=310302 Allegations of suspected corporate fraud, laundering through share transactions, and a patchy police investigation justified transfer of the matter to the specialised fraud investigation agency under the Companies Act, 2013. The Court treated specialised scrutiny as necessary for a thorough investigation in the interests of justice. Share purchasers affected by freezing orders were not treated as necessary parties, but their submissions were heard because the orders could affect their rights. Interim protection over the shares was continued until the agency took a final decision. en-us Wed, 15 Dec 2021 00:00:00 +0530 Wed, 18 Oct 2023 05:30:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310302 Allegations of suspected corporate fraud, laundering through share transactions, and a patchy police investigation justified transfer of the matter to the specialised fraud investigation agency under the Companies Act, 2013. The Court treated specialised scrutiny as necessary for a thorough investigation in the interests of justice. Share purchasers affected by freezing orders were not treated as necessary parties, but their submissions were heard because the orders could affect their rights. Interim protection over the shares was continued until the agency took a final decision. Case-Laws Indian Laws Wed, 15 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310302