Private Complaint Alleging Fraud Not Maintainable under Companies Act; Only SFIO Can File Such Case: Supreme Court
On January 9, 2026, the Supreme Court of India delivered a crucial ruling clarifying that complaints alleging fraud under the Companies Act, 2013 cannot be initiated through private complaints. The Court held that only the Director of the Serious Fraud Investigation Office (SFIO) or an officer authorised by the Central Government under Section 212(6), Companies Act, 2013 can file such complaints for cognizance by a Special Court. Background of the…
