No proposal to review investigation mechanism under Companies Act: Minister

LIVELAW NEWS NETWORK

12 Aug 2016 10:14 PM IST

  • No proposal to review investigation mechanism under Companies Act: Minister

    Arjun Ram Meghwal, Minister of State in the Ministry of Corporate Affairs today said that presently, there is no proposal to review the existing investigation mechanism under the Companies Act, 2013.In a written reply the Minister stated that Government has taken the following measures to curb and prevent corporate frauds:(i) ‘Fraud’ as a substantive offence has been introduced in...

    Next Story