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may 2022

Supreme Court of India · 2022-05-26

SERIOUS FRAUD INVESTIGATION OFFICE vs SAHARA HOUSING INVESTMENT CORPORATION LIMITED

Citation / case number
SC 2022/1192
Court
Supreme Court of India
Petitioner
SERIOUS FRAUD INVESTIGATION OFFICE
Respondent
SAHARA HOUSING INVESTMENT CORPORATION LIMITED
Author
HON'BLE THE CHIEF JUSTICE
Bench
HON'BLE MS. JUSTICE BELA M. TRIVEDI HON'BLE THE CHIEF JUSTICE

Judgment text excerpt

The Supreme Court addressed appeals concerning the legality of orders from the Ministry of Corporate Affairs authorizing investigations into Sahara group companies under the Companies Act, 2013. The High Court had previously stayed these orders, leading to the appeals. The Supreme Court ultimately upheld the High Court's interim orders, emphasizing the need for due process in corporate investigations.

SERIOUS FRAUD INVESTIGATION OFFICE vs SAHARA HOUSING INVESTMENT CORPORATION LIMITED · Niyam