Limited Liability Partnership Act, 2008

The Central Government assigned the Serious Fraud Investigation Office (SFIO) to investigate a group of companies under an order dated 20‑06‑2018, directing a report within three months. The SFIO arrested Rahul Modi and others on 10‑12‑2018, after the three‑month period had expired, leading the petitioners to file habe…

The appellant, Dhanasingh Prabhu, advanced a loan of Rs.21 lakh to the respondents who were partners of the partnership firm “Mouriya Coirs”. The respondents issued a cheque in the name of the firm which was dishonoured, prompting the appellant to serve a statutory notice under Section 138 of the Negotiable Instruments…

The Serious Fraud Investigation Office (SFIO) investigated alleged fraud involving the Adarsh Group and filed a criminal complaint before a Special Court, which took cognizance of offences under the Companies Act, 2013 and the IPC and issued bailable and later non‑bailable warrants against 16 respondents. The responden…

The Serious Fraud Investigation Office (SFIO) appealed against the Delhi High Court's order granting statutory bail to Rahul Modi and others, who had been arrested in connection with alleged offences under the Companies Act and the Indian Penal Code. The charge‑sheet was filed within the 60‑day period prescribed by Sec…

The financial creditor, Karur Vysya Bank, advanced loans to three non‑corporate borrowers who defaulted. Maharaja Theme Parks and Resorts Private Limited (MTPR) had given corporate guarantees for those loans. The bank filed an application under Section 7 of the Insolvency and Bankruptcy Code (IBC) to initiate a Corpora…