https://www.taxtmi.com/news?id=2610 The Companies Bill 2011 proposes to strengthen inspection, inquiry and investigation powers to take more effective action against companies and officers for fraudulent conduct and non compliance, increase accountability of Key Managerial Personnel, board committees, Independent Directors and auditors, and revise the definition of officer in default; related IPC offences including falsification of financial statements, diversion of funds, over/under invoicing, criminal breach of trust and misappropriation have been reported by SFIO and are being prosecuted under relevant statutes. en-us Mon, 19 Dec 2011 18:22:10 +0530 Mon, 19 Dec 2011 18:22:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2610 The Companies Bill 2011 proposes to strengthen inspection, inquiry and investigation powers to take more effective action against companies and officers for fraudulent conduct and non compliance, increase accountability of Key Managerial Personnel, board committees, Independent Directors and auditors, and revise the definition of officer in default; related IPC offences including falsification of financial statements, diversion of funds, over/under invoicing, criminal breach of trust and misappropriation have been reported by SFIO and are being prosecuted under relevant statutes. News - Mon, 19 Dec 2011 18:22:10 +0530 https://www.taxtmi.com/news?id=2610