79 Investigations Involving 594 Companies Assigned to SFIO in the Last 3 Years
Highlights:
The government is familiar with number of growing corporate frauds, reported in the last 3 years and is carrying out actions against these scams256 investigations have been assigned to Regional Directors (RDs)/Registrar of Companies (RoCs) of Ministry of Corporate Affairs (MCA) in the previous 3 yearsThe MCA has began KYC norms and 16,80,472 directors have compiled with the norms
The Serious Fraud Investigation office has been issued 79 investigations that involves 594 companies in the last 3 years.
The government is familiar with number of growing corporate frauds, reported in the last 3 years and is carrying out actions against these scams, said by the Minister of Finance and Corporate Affairs Nirmala Sitharaman.
Not only SFIO is taking care of investigations, in...