https://www.taxtmi.com/news?id=16880 SFIO has handled a rising volume of corporate fraud references, initiating numerous prosecutions with several court disposals and convictions imposing imprisonment and fines on directors. Its statutory mandate under company law is to investigate violations of the Companies Act and pursue penal action. The Government has strengthened fraud detection and response by defining Fraud in the Companies Act, conferring statutory status on SFIO, and deploying technology such as data mining and Forensic Audit; SFIO's year-to-year expenditures have been reported. en-us Fri, 18 Nov 2016 18:17:03 +0530 Fri, 18 Nov 2016 18:17:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16880 SFIO has handled a rising volume of corporate fraud references, initiating numerous prosecutions with several court disposals and convictions imposing imprisonment and fines on directors. Its statutory mandate under company law is to investigate violations of the Companies Act and pursue penal action. The Government has strengthened fraud detection and response by defining Fraud in the Companies Act, conferring statutory status on SFIO, and deploying technology such as data mining and Forensic Audit; SFIO's year-to-year expenditures have been reported. News - Fri, 18 Nov 2016 18:17:03 +0530 https://www.taxtmi.com/news?id=16880