HC quashes Criminal proceeding against Azim Premji & his wife

Azim Hasham Premji Vs India Awake For Transparency (Karnataka High Court) Conclusion: Since complainant was neither Registrar of companies nor a shareholder of the company or a person authorized by the Central Government to file the complaint, therefore, the complaint  was dismissed as no other person can initiate any criminal proceeding against a company for the offence committed under the Act of 2013 . Held: Assessee was an Indian business tycoon, engineer and a philanthropist, who devoted his entire life in engineering the IT Industry of the country and having established one of the premiu...