2020 (2) TMI 232

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..... pared to divulge the information as to where such an amount has disappeared, directions were issued to the SFIO to investigate and it should have been followed rather than filing of application for recalling the order on account of a technical issue of obtaining permission from the Central Government. The same could be done by the SFIO itself as the siphoning of funds is in respect of public money .....

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..... .2018. It has been noticed that in the balance sheet pertaining to April, 2017 to 31.03.2018 placed on record by the RP. The details of the assets given against 'closing stock' is ₹ 30,33,66, 378.09/- and the total amount under the current assets is shown to be ₹ 32, 80, 34, 012.99/-. When neither of the Ex.-directors or the company secretary or any other person not prepared to .....

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