Adjudicating Authority has powers to act in terms of Section 340 of CrPC r/w Section 195 of CrPC, Under Section 340 of CrPC the Adjudicating Authority can hold preliminary inquiry into the any offence referred in Clause ‘b’ of Sub-Section 1 of Section 195 – M/s. KVR Industries Private Limited Vs. M/s. P. P. Bafna Ventures Private Limited – NCLAT New Delhi

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