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High Court of Karnataka hears a writ petition challenging the assignment of investigation to the Serious Fraud Investigation Office under Section 212 of the Companies Act, 2013. The petition raises issues regarding the permissibility of parallel investigation and violation of natural justice principles.

The petitioner, Exalogic Solutions Private Limited, a one person company incorporated in 2014, sought to quash an order dated 31-01-2024 passed by the...