https://www.taxtmi.com/news?id=20392 The Government established the Serious Fraud Investigation Office (SFIO) to probe significant corporate frauds; SFIO was assigned 23 investigations (184 entities) in 2015-16, 25 (111 entities) in 2016-17, and 21 (225 entities) in 2017-18. Regional Directors and Registrars of Companies were assigned 2, 3 and 119 matters in those respective years. Over the three years courts disposed of 94 complaints/prosecutions, levying fines, ordering compounding fee payments, imposing one custodial sentence of one year and four months, and imposing ''punishment till rising of courts'' with fine in three cases. en-us Tue, 07 Aug 2018 18:12:18 +0530 Tue, 07 Aug 2018 18:12:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20392 The Government established the Serious Fraud Investigation Office (SFIO) to probe significant corporate frauds; SFIO was assigned 23 investigations (184 entities) in 2015-16, 25 (111 entities) in 2016-17, and 21 (225 entities) in 2017-18. Regional Directors and Registrars of Companies were assigned 2, 3 and 119 matters in those respective years. Over the three years courts disposed of 94 complaints/prosecutions, levying fines, ordering compounding fee payments, imposing one custodial sentence of one year and four months, and imposing ''punishment till rising of courts'' with fine in three cases. News - Tue, 07 Aug 2018 18:12:18 +0530 https://www.taxtmi.com/news?id=20392