https://www.taxtmi.com/news?id=14071 Corporate fraud detection relies on analysis of company statements, returns and complaints, with the Ministry directing the Serious Fraud Investigation Office (SFIO) to investigate companies and produce reports that support prosecutions and inter-agency sharing. The Companies Act, 2013 strengthened enforcement by introducing a statutory definition and punishment for Fraud, granting SFIO statutory powers, mandating enhanced disclosure norms, and providing for attachment and disgorgement of assets. en-us Fri, 27 Feb 2015 17:37:12 +0530 Fri, 27 Feb 2015 17:37:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14071 Corporate fraud detection relies on analysis of company statements, returns and complaints, with the Ministry directing the Serious Fraud Investigation Office (SFIO) to investigate companies and produce reports that support prosecutions and inter-agency sharing. The Companies Act, 2013 strengthened enforcement by introducing a statutory definition and punishment for Fraud, granting SFIO statutory powers, mandating enhanced disclosure norms, and providing for attachment and disgorgement of assets. News - Fri, 27 Feb 2015 17:37:12 +0530 https://www.taxtmi.com/news?id=14071