Friday 13 February 2015

CLB couldn't direct investigation into affairs of a Co. which was merely a party to oppression proce

CL : While sections 235, 237 and 247(1) deal with investigation into affairs of a or any company and section 239 deal with investigation into affairs of a body corporate connected in specified manner with said company whose affairs are being investigated, section 247(1A) deals with investigation into affairs of the company which is subject matter of any proceedings pending before CLB


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