Investigation can be assigned to SFIO during pendency of proceeding u/s. 210 of Companies Act: Karnataka HC

Exalogic Solutions Private Limited Vs Director (Karnataka High Court)

Karnataka High Court held that during the pendency of proceedings u/s. 210 of the Companies Act, 2013, Serious Fraud Investigation Office (SFIO) can be assigned with the investigation, u/s. 212 of the Companies Act.

Facts- The petitioner, claiming to be a one person company incorporated in the year 2014, is before this Court seeking a direction to call for records and quash order dated 31-01-2024 passed

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