https://www.taxtmi.com/caselaws?id=797742 Ministerial authorisation enabling the Serious Fraud Investigation Office to present proceedings approved by the Central Government does not amount to delegation of statutory discretion where the Government itself made the substantive decision. Under the Allocation of Business Rules and Transaction of Business Rules, an authorised officer may implement that decision without a notification delegating power under the Companies Act, 2013; proceedings instituted in the Union of India's name remain valid. Disgorgement, as an equitable remedy preventing retention of undue gains, is not confined to Section 212(14A). The statutory framework permits the Central Government to seek attachment and disgorgement through Sections 241(2), 242, 246 and 339. en-us Tue, 25 Aug 2026 00:00:00 +0530 Thu, 27 Aug 2026 08:28:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797742 Ministerial authorisation enabling the Serious Fraud Investigation Office to present proceedings approved by the Central Government does not amount to delegation of statutory discretion where the Government itself made the substantive decision. Under the Allocation of Business Rules and Transaction of Business Rules, an authorised officer may implement that decision without a notification delegating power under the Companies Act, 2013; proceedings instituted in the Union of India's name remain valid. Disgorgement, as an equitable remedy preventing retention of undue gains, is not confined to Section 212(14A). The statutory framework permits the Central Government to seek attachment and disgorgement through Sections 241(2), 242, 246 and 339. Case-Laws Companies Law Tue, 25 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797742