SFIO investigating 21 cases in 2017-18;

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..... SFIO investigating 21 cases in 2017-18; - News and Press Release Dated:- 7-8-2018 - News - SFIO investigating 21 cases in 2017-18; RoCs and RDs assigned 119 cases to investigate in 2017-18; Various Courts levy penalty of ₹ 5,90,909 in last three years in cases Union Minister of State for Law Justice and Corporate Affairs Shri P.P. Chaudhary said in Rajya Sabha today that the .....

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..... Government has established Serious Fraud Investigation Office (SFIO) to look into serious corporate frauds including Multi-National Companies (MNCs). The details of investigations assigned to SFIO are: Year Total Investigation cases assigned to SFIO 2015-16 23 involving 184 entities 2016-17 .....

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..... 25 involving 111 entities 2017-18 21 involving 225 entities The Corporate Affairs Minister further informed the House of the investigations assigned to Regional Directors (RDs) and Registrars of Companies (ROCs): Year Total Investigation cases assigned to RDs and ROCs 2015-16 .....

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..... 02 2016-17 03 2017-18 119 The Corporate Affairs Minister said that during the last three years, 94 complaints/prosecution were disposed of by the various Courts by levying a total fine of ₹ 5,90,909/-. In addition to this, an amount of ₹ 61,32,500/- was collected as compounding fee as .....

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..... ordered by the Courts. Further, in one case imprisonment for a period of one year and four months and in 3 cases punishment till rising of Courts along with fine was also imposed by the Courts. This was stated by Union Minister of State for Law Justice and Corporate Affairs Shri P.P. Chaudhary in Rajya Sabha today. - News - Press release - PIB Tax Management India - taxmanagementindia - ta .....

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..... xmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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