https://www.taxtmi.com/caselaws?id=756243 Delhi HC directed regulatory authorities to investigate Three C Shelters Private Limited and its group companies for fraudulent fund siphoning to shell companies in Kolkata. The court found it unacceptable that despite evidence of financial irregularities and manipulation of records, no action was taken under Chapter XIV of the Companies Act, 2013. Respondents were ordered to initiate investigations under Sections 206-210, inspect company affairs, and submit an inspection report within four weeks to protect stakeholder interests. en-us Fri, 02 Feb 2024 00:00:00 +0530 Tue, 30 Jul 2024 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756243 Delhi HC directed regulatory authorities to investigate Three C Shelters Private Limited and its group companies for fraudulent fund siphoning to shell companies in Kolkata. The court found it unacceptable that despite evidence of financial irregularities and manipulation of records, no action was taken under Chapter XIV of the Companies Act, 2013. Respondents were ordered to initiate investigations under Sections 206-210, inspect company affairs, and submit an inspection report within four weeks to protect stakeholder interests. Case-Laws Companies Law Fri, 02 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756243