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NCLAT says NCLT cannot directly order SFIO Probe; refers matter to Centre
The National Company Law Appellate Tribunal (NCLAT) has held that the National Company Law Tribunal (NCLT) could not directly order an investigation by the Serious Fraud Investigation Office (SFIO) and clarified that such power rests with the Central Government under the Companies Act.
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thehindubusinessline.com
NCLAT says NCLT cannot directly order SFIO investigation under Companies Act
NCLAT ruled that NCLT cannot directly order an SFIO probe, holding that such powers rest with the Central Government under the Companies Act.
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economictimes.indiatimes.com
NCLAT says NCLT cannot directly order SFIO Probe; refers matter to Centre
The National Company Law Appellate Tribunal (NCLAT) has held that the National Company Law Tribunal (NCLT) could not directly order an investigation by the Serious Fraud…