This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
No automatic bail rejection for mere twin conditions in Section 212 of Companies Act
Case Law Details
- Case Name
- Ashish Mittal Vs Serious Fraud Investigation Office (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Delhi High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Ashish Mittal Vs Serious Fraud Investigation Office (Delhi High Court)
The crux of the offence alleged against the accused persons is therefore, that by round-tripping funds, ESL and some of the other 69 accused (including companies and individuals), have committed fraud as contemplated under section 447 of the 2013 Act, apart from other offences under the 1956 Act and the IPC.
After a detailed investigation in the matter, the SFIO has filed a prosecution complaint under section 439(2)/436/212 of the 2013 Act, which is the equivalent of a chargesheet, arraigning 70 persons as accused. Of the ...
