The petition was filed by the petitioner, an ex/suspended director of Moser Baer India Ltd. (MBIL), challenging the order issued by the Ministry of Corporate Affairs, Government of India, directing the Serious Fraud Investigation Office (SFIO) to conduct an investigation into the affairs of MBIL.
The petitioner, Nita Puri, is an ex/suspended director of Moser Baer India Ltd. (MBIL).
The Ministry of Corporate Affairs issued an order dated 05.09.2024, directing the Serious Fraud Investigation Office (SFIO) to investigate the affairs of MBIL.
The petitioner is challenging the said order.
MBIL was incorporated in 1983 and was engaged in the manufacture of CDs, DVDs, and other optical media.
In 2012, MBIL sought relief under the Corporate Debt Restructuring (CDR) Scheme of the Reserve Bank of India.
MBIL was admitted into insolvency proceedings before the National Company Law Tribunal, New Delhi, in 2017.
The Interim Resolution Professional (IRP) commissioned a Forensic/Special Purpose Audit of MBIL.
…Sign in to view the parties.
The Ministry of Corporate Affairs, Government…
The High Court of Delhi quashed the impugned…
Sign in to view related legal provisions.
The petition was filed by the petitioner, an ex/suspended director of Moser Baer India Ltd. (MBIL), challenging the order issued by the Ministry of Corporate Affairs, Government of India, directing the Serious Fraud Investigation Office (SFIO) to conduct an investigation into the affairs of MBIL.
The petitioner, Nita Puri, is an ex/suspended director of Moser Baer India Ltd. (MBIL).
The Ministry of Corporate Affairs issued an order dated 05.09.2024, directing the Serious Fraud Investigation Office (SFIO) to investigate the affairs of MBIL.
The petitioner is challenging the said order.
MBIL was incorporated in 1983 and was engaged in the manufacture of CDs, DVDs, and other optical media.
In 2012, MBIL sought relief under the Corporate Debt Restructuring (CDR) Scheme of the Reserve Bank of India.
MBIL was admitted into insolvency proceedings before the National Company Law Tribunal, New Delhi, in 2017.
The Interim Resolution Professional (IRP) commissioned a Forensic/Special Purpose Audit of MBIL.
…The Ministry of Corporate Affairs, Government…
The High Court of Delhi quashed the impugned…
Sign in to view related legal provisions.