https://www.taxtmi.com/news?id=3751 Misuse of Public Issue Funds involves diversion of IPO proceeds, non-fulfilment of prospectus project timelines and non-traceability of companies/directors; enforcement responses include prosecutions under the Companies Act, filing FIRs for untraceable officers, engaging private investigators where needed, and an e-Form for monitoring utilization of funds raised through IPOs to detect diversion. en-us Thu, 06 Sep 2012 17:40:36 +0530 Thu, 06 Sep 2012 17:40:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3751 Misuse of Public Issue Funds involves diversion of IPO proceeds, non-fulfilment of prospectus project timelines and non-traceability of companies/directors; enforcement responses include prosecutions under the Companies Act, filing FIRs for untraceable officers, engaging private investigators where needed, and an e-Form for monitoring utilization of funds raised through IPOs to detect diversion. News - Thu, 06 Sep 2012 17:40:36 +0530 https://www.taxtmi.com/news?id=3751