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of <h1>SFIO Gains Statutory Status Under Companies Act 2013, Boosting Investigation Powers with Tech and Skilled Personnel.</h1> The Serious Fraud Investigation Office (SFIO) has been granted statutory status under the Companies Act, 2013, enhancing its ability to conduct investigations effectively. The Act includes provisions to bolster SFIO's operations, supported by the integration of technology and skilled personnel. The Minister of Corporate Affairs informed the Lok Sabha that investigations by SFIO are overseen by his ministry, with necessary instructions and assistance provided as needed.
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