MUMBAI: The Bombay HC is hearing a petition to strike down Section 212 of the Companies Act, pertaining to the manner in which the Serious Fraud Inves.
The Economic Offences Wing (EOW) of the Mumbai Police had strongly opposed it and told the court that he is likely to pressurise depositors if given the relief and also being an important person in the field of commerce, may pressurise them and delay the trial.