https://www.taxtmi.com/news?id=13651 Investigation of corporate frauds is channelled primarily through complaints-based probes and the Serious Fraud Investigation Office (SFIO), now statutorily empowered under the Companies Act, 2013. The Ministry has ordered SFIO investigations and conducted inspections of exchange entities under section 209A. Reforms include enhanced disclosure, a statutory definition of fraud, provisions for attachment and disgorgement of assets, and strengthened auditor accountability and independence to improve detection, investor information, and enforcement. en-us Fri, 05 Dec 2014 17:40:39 +0530 Fri, 05 Dec 2014 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13651 Investigation of corporate frauds is channelled primarily through complaints-based probes and the Serious Fraud Investigation Office (SFIO), now statutorily empowered under the Companies Act, 2013. The Ministry has ordered SFIO investigations and conducted inspections of exchange entities under section 209A. Reforms include enhanced disclosure, a statutory definition of fraud, provisions for attachment and disgorgement of assets, and strengthened auditor accountability and independence to improve detection, investor information, and enforcement. News - Fri, 05 Dec 2014 17:40:39 +0530 https://www.taxtmi.com/news?id=13651