Tribunal empowered to refer matter to Central Govt. for investigation into affairs of corporate debtor: NCLAT

COMPANY LAW : In case an exfacie/primafacie case is made out, then, Tribunal is empowered to refer matter to Central Government for an investigation by inspectors into affairs of corporate debtor and upon such investigation, if any action is required to be taken and if Central Government subjectively opines that subject matter in issue needs an investigation, through Serious Fraud Investigation Office, it may proceed in accordance with law

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