Court may direct investigation but Govt only can appoint agency

HIGH COURT OF CALCUTTA Bhagyraaj Vyapaar (P.) Ltd. Versus Regional Director, Ministry of Corporate Affairs A.P.O. No. 424 of 2012 C.P. NO. 630 OF 2011 JANUARY  11, 2013 ORDER Ashim Kumar Banerjee. J. Four companies limited by shares and incorporated under the provisions of the Companies Act, 1956 applied for sanction of scheme of amalgamation. When they initially applied for sanction they prayed for dispensation of the meeting of the shareholders. According to them, the shareholders were common and/or inter-related. Hence, no fruitful purpose would be served by holding separa...