[ad_1] The Supreme Court on Monday said that it will constitute a fresh bench to hear the plea of home buyers seeking delivery of their homes booked with the Amprapali group. A bench comprising Chief Justice D Y Chandrachud and Justice J B Pardiwala was urged by a counsel for...
‘Investigating close to Rs 22,000 cr loans involving Amtek Auto & its group companies’, SFIO to SC, Legal News, ET LegalWorld – Legal Firms
[ad_1] New Delhi: The Serious Fraud Investigation Office (SFIO) has told the Supreme Court that loans close to Rs 22,000 crore involving Amtek Auto Limited (AAL) and its group companies, are under its scanner. The apex court has sought a status report in the matter.The SFIO, in an affidavit, said:...
Karnataka HC, Legal News, ET LegalWorld – Legal Firms
[ad_1] BENGALURU: A shareholder, minority or otherwise, cannot initiate proceedings before the magistrate by himself/herself for an alleged offence under Section 447 of the Companies Act, the high court ruled recently.Pointing out that a shareholder is not short of remedies against fraud, Justice Suraj Govindaraj said that such a shareholder...