https://www.taxtmi.com/news?id=2087 Misuse of public issue funds by companies is addressed through criminal and regulatory enforcement where diversion of IPO proceeds, non fulfilment of prospectus commitments, and non traceability of companies or directors result in prosecutions against companies and officers in default, lodging of FIRs, engagement of private detectives to trace disappeared parties, and use of an electronic filing mechanism to monitor and detect diversion of funds. en-us Mon, 08 Aug 2011 19:09:38 +0530 Mon, 08 Aug 2011 19:09:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2087 Misuse of public issue funds by companies is addressed through criminal and regulatory enforcement where diversion of IPO proceeds, non fulfilment of prospectus commitments, and non traceability of companies or directors result in prosecutions against companies and officers in default, lodging of FIRs, engagement of private detectives to trace disappeared parties, and use of an electronic filing mechanism to monitor and detect diversion of funds. News - Mon, 08 Aug 2011 19:09:38 +0530 https://www.taxtmi.com/news?id=2087