Investigating into the Affairs of the Company: Random Unnecessary Security?

Abstract

The paper analyzes Sections 206 to 229, which are in respect to the investigating the affairs of a company. These sections are analyzed in order to reach an understanding if the investigating procedure mentioned in the Companies Act 2013 is very stringent which would affect the working of the company. The paper also analyzes the current fraud and misconduct caused by liquor baron Vijay Mallya and the subsequent cases that were led by Nirav Modi and former UCO Bank chief Arun Kaul that came to light.