Parallel investigation by other agencies not permitted when SFIO is probing affairs of a company: Delhi High Court

The Court said the SFIO has a vast power to investigate and enquire into the affairs of a company once it has been given the green signal by the Central government.
 SFIO, Delhi High Court
SFIO, Delhi High Court

The Delhi High Court recently ruled that once the Serious Fraud Investigation Office (SFIO) starts investigating the affairs of a company under the Companies Act, a parallel investigation by any other agency is not permissible. [Ashish Bhalla v. State & Anr]

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