Investigation into affairs of Co. only on basis of irregularities in financial statements couldn’t be ordered: NCLT

COMPANY LAW: Without circumstances suggesting that business of company was being conducted in a fraudulent manner with intent to defraud creditors, investigation into affairs of said company only on basis of irregularities in financial statements, could not have been ordered

from https://bit.ly/2W4oc9k Latest Case Laws https://www.taxmann.com/topstories/101010000000193846/investigation-into-affairs-of-co-only-on-basis-of-irregularities-in-financial-statements-couldn’t-be-ordered-nclt.aspx