https://www.taxtmi.com/article/detailed?id=10714 A centralised agency staffed by multidisciplinary experts is empowered to investigate serious corporate fraud when directed by the government or on specified triggers; its investigators have statutory inspection and arrest powers, must submit reports to the central government, and coordinate exclusively with other agencies by transferring or receiving relevant records. The central government may direct prosecution based on the agency's report, and may apply for disgorgement and unlimited personal liability where undue advantage is shown. Companies and officials are obliged to cooperate and provide documents and assistance. en-us Sat, 24 Sep 2022 10:30:01 +0530 Sat, 24 Sep 2022 10:30:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10714 A centralised agency staffed by multidisciplinary experts is empowered to investigate serious corporate fraud when directed by the government or on specified triggers; its investigators have statutory inspection and arrest powers, must submit reports to the central government, and coordinate exclusively with other agencies by transferring or receiving relevant records. The central government may direct prosecution based on the agency's report, and may apply for disgorgement and unlimited personal liability where undue advantage is shown. Companies and officials are obliged to cooperate and provide documents and assistance. Articles Corporate Laws / IBC / SEBI Sat, 24 Sep 2022 10:30:01 +0530 https://www.taxtmi.com/article/detailed?id=10714