Smartworks IPO Case: SC Dismisses NGO’s Plea

The apex court dismissed the NGO’s appeal at the behest of it finding that the documents presented by the appellant were fake

The SC bench warned the NGO that any future attempt to mislead the court could attract serious consequences

The NGO’s allegations included inadequate disclosure of inspection and investigation by the RoC, allegations of receiving funds from shell companies and some amounts through benami transactions, among others

The Supreme Court (SC) has dismissed an appeal filed by New Delhi-based NGO…