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Action on Investor Complaints

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..... Action on Investor Complaints - News and Press Release Dated:- 15-3-2016 - News - Press Information Bureau Government of India Ministry of Corporate Affairs 15-March-2016 17:59 IST Action is taken on all such cases for which action was contemplated by Government for the disposal of investor complaints. Investors complaints received in the Ministry of Corporate Affairs and it .....

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..... s field offices are forwarded to the concerned companies for remedial action. In case the company fails to redress the grievance of the complainant and/or is found to be in violation of the provisions of the Companies Act, suitable action under the provisions of the Companies Act, 2013 / 1956 is initiated. Further, in the meetings of the Investors Complaints Resolution Forum held in offices of .....

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..... Registrar of companies from time to time, complainants and representatives of companies meet and discuss to resolve investor grievances. On receiving information about alleged illegal activities of Companies, inspections, investigations and where necessary prosecutions are carried out. Prosecution related to investors complaints has been launched against 73 companies in 2012-13, 66 companies .....

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..... in 2013-14 and 102 companies in 2014-15. This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha today. ***** DSM/KA - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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