Authority: National Company Law Tribunal, Division Bench (Court-I), Chennai
Order Date: 17 June 2026
Case Overview
The Serious Fraud Investigation Office (SFIO), representing the Union of India, filed a petition (CP/139(CHE)/2022) against Kanishk Gold Pvt Ltd and Others under Sections 221, 222, 241, 242, 246 read with Sections 339 and 340 of the Companies Act, 2013. The hearing took place via video conferencing before the bench comprising Hon'ble Shri. Sanjiv Jain (Member Judicial) and Hon'ble Shri. Venkataraman Subramaniam (Member Technical).
Representation included Shri. Subbu Ranga Bharathi for the petitioner (SFIO), Shri. A.G. Sathyanarayana for Respondent 1 (Kanishk Gold Pvt Ltd), and Shri. Allan Jarvis for Respondents 2 and 3. A rejoinder had been e-filed, and the registry was directed to accept the hard copy. The tribunal condoned any delay in filings and directed copies to be served on all respondents.
Final Outcome
The tribunal noted that pleadings were complete and listed the petition for hearing on 19 August 2026. No substantive decisions on the allegations were made in this order, which primarily addressed procedural matters and scheduling.
Topics: Corporate Fraud Investigation, Legal Proceedings