https://www.taxtmi.com/news?id=25224 SFIO is statutorily recognised under the Companies Act, 2013 and receives Central Government orders to investigate alleged corporate frauds involving misappropriation of funds and cheating of lenders. The Government has introduced measures including fraud as a substantive offence, mandatory Director Identification Numbers, professional verification on incorporation, auditor and audit professional reporting obligations with penalties for non compliance, a Central Scrutiny Cell for form scrutiny, and enhanced surveillance of listed company disclosures to detect financial reporting irregularities. en-us Tue, 22 Mar 2022 18:50:45 +0530 Tue, 22 Mar 2022 18:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25224 SFIO is statutorily recognised under the Companies Act, 2013 and receives Central Government orders to investigate alleged corporate frauds involving misappropriation of funds and cheating of lenders. The Government has introduced measures including fraud as a substantive offence, mandatory Director Identification Numbers, professional verification on incorporation, auditor and audit professional reporting obligations with penalties for non compliance, a Central Scrutiny Cell for form scrutiny, and enhanced surveillance of listed company disclosures to detect financial reporting irregularities. News - Tue, 22 Mar 2022 18:50:45 +0530 https://www.taxtmi.com/news?id=25224