SC: Directs Revenue to complete investigation w.r.t. fake firm creation, furnish a report

SC orders investigation in the matter of creation of 555 fake firms by the Petitioner for alleged fraud to the tune of Rs. 74 crores; Notes Revenue’s plea that the investigation is still pending and more number of fake firms created by the petitioner are being detected; Observes that the petitioner has already undergone one year and 8 months imprisonment & that some of the accused are released on bail; Opines that in case the investigation is not completed within 3 mont...