https://www.taxtmi.com/caselaws?id=465763 The Kerala High Court text states that the Companies Act, 2013 could not be applied retrospectively to alleged forgery, record manipulation and share-transfer acts said to have occurred before its commencement, because the special investigation and fraud provisions are substantive in nature. It further notes that the Companies Act does not bar police investigation or prosecution for independently cognizable IPC offences such as forgery and criminal breach of trust arising from the same facts. On the challenge to the FIR, the Court declined quashing at the investigation stage, found a prima facie case on the allegations, and directed expeditious completion of the investigation and filing of the final report. en-us Sat, 28 Oct 2023 00:00:00 +0530 Wed, 07 Jan 2026 17:49:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465763 The Kerala High Court text states that the Companies Act, 2013 could not be applied retrospectively to alleged forgery, record manipulation and share-transfer acts said to have occurred before its commencement, because the special investigation and fraud provisions are substantive in nature. It further notes that the Companies Act does not bar police investigation or prosecution for independently cognizable IPC offences such as forgery and criminal breach of trust arising from the same facts. On the challenge to the FIR, the Court declined quashing at the investigation stage, found a prima facie case on the allegations, and directed expeditious completion of the investigation and filing of the final report. Case-Laws Indian Laws Sat, 28 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465763