Thursday, 30 July 2015

Order for an investigation u/s 213 of the 2013 Act wasn't warranted if respondents weren't guilty of

CL: Where there were no circumstances suggesting that respondents in formation of company or management of its affairs had been guilty of fraud, misfeasance or other misconduct towards company or any of its members; or that members of company had not been given all information with respect to its affairs, which they might reasonably expect, an order for an investigation was not warranted

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