Company Law : Explains how routine corporate operations and mismanagement can cross into criminal fraud, highlighting the role of intent in trig...
Company Law : Explore the depths of SFIOs role and ROC's authority in scrutinizing companies in India. Uncover how these bodies enforce complian...
Company Law : Section 212 of Companies Act, 2013 deals with investigation into the affairs of company by Serious Fraud Investigation Office (SF...
Company Law : In Ravi Parthasarthy and Ors. v. State of Tamil Nadu [CRL. O.P. NOS. 3730, 4227, 4095 & 11206 OF 2021 CRL. M.P. NOS. 6647, 664...
Company Law : I. INTRODUCTION: The recent scams and corporate frauds (White-Collar Crimes, to be more specific) saw an enormous rise since pas...
Company Law : SFIO investigations reveal violations under the Companies Act, leading to prosecutions and company strikes, ensuring accountabilit...
Company Law : SFIO mandates digitally generated summons with QR codes and DINs, enabling online verification to prevent impersonation and misuse...
Corporate Law : SFIO now issues digitally generated Summons/Notices with QR codes and DINs, allowing recipients to verify authenticity online and ...
Company Law : The government addresses SFIO cases, IBC amendments, CSR compliance, and ESG reporting norms for publicly traded companies....
Corporate Law : SFIO investigates three EV companies for Rs. 297 crore subsidy fraud under FAME-II. Alleged violations include importing restricte...
Company Law : NCLT Kolkata held that a Senior Assistant Director of the SFIO could file a winding-up petition where the Central Government had i...
Company Law : The Supreme Court rejected the challenge to an SFIO investigation order due to massive delay and lack of merit. It upheld the High...
Company Law : The High Court set aside the SFIO probe after finding that the Central Government failed to show sufficient material or reasons. T...
Company Law : The appellate tribunal held that substituting the investigating agency did not amount to a review or recall. Since the original in...
Company Law : NCLAT Delhi confirms NCLT's jurisdiction under Companies Act S.213 and NCLT Rules 11 to refer corporate fraud cases to SFIO, even ...
Company Law : Central Government hereby appoints Shri Keshav Chandra, IAS (AGMUT: 1995) as Director in the Serious Fraud Investigation Office (S...
Company Law : F. No. Legal-35/3/2020 Government of India Ministry of Corporate Affairs 5th Floor, Shastri Bhavan, Dr. Rajendra Prasad Road, New ...
Company Law : (1) These rules may be called the Companies (Arrests in connection with Investigation by Serious Fraud Investigation Office) Rules...
Company Law : In pursuance of sub-section (1) of section 621 of the Companies Act, 1956 (1 of 1956), the Central Government hereby authorise the...
Company Law : NOTIFICATION NO. G.S.R. 617(E) Section 621 of The Companies Act, 1956 - Offences - Offences Against Act To Be Cognizable Only On C...
Central Government orders and assigns to SFIO, investigation cases involving many companies where alleged fraudulent activities by corporates are reported which includes cases of misappropriation of funds by the promoters / top management and cheating the lenders.
SFIO arrests Satish Kumar Pawa, Saurav Aggarwal, Suhas S. Paranjpe in connection with investigation into affairs of Jagat Agro Commodities Pvt. Ltd. Mr. Satish Kumar Pawa, promoter and shareholder, Mr. Saurav Aggarwal, son of promoter and Mr. Suhas S. Paranjpe, Statutory auditor, were arrested by the Serious Fraud Investigation Office (SFIO) in connection with investigation […]
Serious Fraud Investigation Office Vs Rahul Modi (Supreme Court of India) Conclusion: The indefeasible right of an accused to seek statutory bail under Section 167(2), CrPC arose only if the charge-sheet had not been filed before the expiry of the statutory period. Held: In the instant case, investigation was directed to be conducted into the […]
The FIR against the ex-director of IL&FS was quashed as when SFIO was probing the case, no other investigative agency was empowered to investigate into the affairs of IL & FS and its subsidiary companies for any offences under the Companies Act but the same did not allow a clean chit to assessee herein, as persons who was beyond a pale of doubt.
In Ravi Parthasarthy and Ors. v. State of Tamil Nadu [CRL. O.P. NOS. 3730, 4227, 4095 & 11206 OF 2021 CRL. M.P. NOS. 6647, 6649, 2218, 2601, 2679, 3388, 6708 & 6709 OF 2021 W.P. NO. 1397 OF 2021 AND W.M.P. NO. 5917 OF 2021 dated August 31, 2021]], Ravi Parthasarthy (Petitioner No. 1), Hari […]
Prabhat Kumar Srivastava Vs SFIO (Delhi High Court) FULL TEXT OF THE JUDGMENT/ORDER OF DELHI HIGH COURT 1. The applicant, vide the present application seeks the grant of regular bail in complaint No. 149/2020 pending before the learned Special Judge, Companies Act, Dwarka District Courts in the complaint titled as ‘Serious Fraud Investigation Officer (SFIO) […]
The Ministry of Corporate Affairs (MCA) has ordered for investigation and assigned to Serious Fraud Investigation office (SFIO) and Regional Directors (RDs) in the cases where there are allegations of misuse of corporate structure/ fraud.
Rajesh Kumar Yaduvanshi Vs. Serious Fraud Investigation Office (SFIO) & Anr. (Delhi High Court) The petitioner has filed the present petition impugning a summoning order dated 16.08.2019 issued by the learned ASJ in Complaint Case No. 770/2019 captioned “Serious Fraud Investigation Office (SFIO) v. Bhushan Steel Limited and Ors.”, to the limited extent that it […]
Central Government hereby appoints Shri Keshav Chandra, IAS (AGMUT: 1995) as Director in the Serious Fraud Investigation Office (SFIO) under Ministry of Corporate Affairs, with effect from the forenoon of 03.08.2020, for an overall tenure of five years up to 17.12.2022 or until further orders, whichever is earlier.
I. INTRODUCTION: The recent scams and corporate frauds (White-Collar Crimes, to be more specific) saw an enormous rise since past many years like Sahara scam, Satyam Scam, Bofors Scam, 2G Spectrum Scam. It was the time for the Government to impede such frauds which were causing heavy damage to the economy. The Government in the […]
