Foreign exchange compliance concerns raised over subsidiary restructuring, prompting referrals to financial regulators and licensing authority.
Complaints alleged restructuring of a foreign subsidiary and subsequent acquisition to circumvent foreign exchange controls and that the subsidiary financed a yacht purchase; the Registrar found no breach of the Companies Act, 1956, and referred potential foreign exchange and external borrowing issues to financial regulators while sending a license fee matter to the telecommunications licensing authority.

Anti-corruption authority empowered to investigate senior public officials and prosecute without prior sanction, with property attachment powers.
Establishes a Lokpal with a Chairperson and eight Members (half judicial), an Investigation Wing and a Prosecution Wing. Jurisdiction covers post tenure Prime Minister, Union Ministers, Members of Parliament, Group A officers and equivalent officers in government financed or controlled bodies, and officers of government aided or publicly funded societies/trusts above a notified income threshold, excluding religious organisations receiving public donations. The Lokpal may initiate prosecution without statutory sanction and may attach property obtained through corrupt means.

Lokpal institution must secure broad consensus and align with constitutional checks before parliamentary introduction.
The government affirms commitment to enact a Lokpal Act establishing a strong, effective and swift institutional mechanism to tackle high-level corruption and intends to present the bill in the forthcoming parliamentary session. A joint drafting committee achieved consensus on many issues but significant divergences remain; the meeting seeks free and frank discussion to build the widest possible support. The Lokpal must complement existing anti-corruption laws, be accompanied by procedural simplification and transparency measures, and operate in harmony with other institutions within the Constitution's basic-structure framework.

Lokpal inclusion debate: Prime Minister urges focused anti-corruption design and national consensus on institutional scope.
The Prime Minister addresses regional security and bilateral engagement, emphasizes a cautious, consultative approach to incorporating the Prime Minister and other officials under a statutory anti-corruption institution, advocates focusing enforcement on high-level corruption, and seeks political consensus on the Lokpal's scope. He defends measured law enforcement responses to public demonstrations while urging civil society to operate within democratic norms. He also highlights priorities for administrative reforms, procurement transparency, infrastructure and defence modernization, and links development initiatives to internal security objectives.

Jurisdictional limitation: Companies Act applies within national territory, while cross-border fund diversion is investigated by other agencies.
The investigatory authority under the Companies Act is confined to the national territory; SFIO operates within that territorial scope and lacks extraterritorial reach, while diversion of funds outside the country is investigated by other law enforcement agencies possessing the requisite powers.

Corporate fraud investigation into alleged diversion of funds continues; disciplinary action pending and international evidence awaited.
Investigation into alleged diversion and siphoning of funds at Satyam is being conducted by SFIO in association with criminal and enforcement agencies to determine directors' roles; disciplinary proceedings against six chartered accountants remain pending, and criminal charge sheets are contingent on evidence sought via letters rogatory from foreign jurisdictions.

Assessment of unaccounted wealth initiated to map money laundering activities and national security implications through institutional research.
The Government approved a coordinated, timebound institutional study to assess unaccounted income/wealth inside and outside the country, identify activities and money laundering mechanisms, and evaluate national security ramifications; three national institutes will undertake the research with inputs from relevant ministries and an eighteen month completion timeline.