Centre to disqualify over one lakh company directors for their association with shell firms

The government has also asked banks to restrict the operation of the companies’ accounts by the disqualified directors.

Scroll Staff

· Sep 12, 2017 · 08:09 pm

Centre bars three lakh directors of companies that violated regulations

The Corporate Affairs Ministry also warned of action against those who divert funds to shell companies.

Scroll Staff

· Sep 07, 2017 · 11:41 am

Adani Group siphoned off Rs 1,500 crore to offshore accounts, claims customs intelligence agency

The conglomerate allegedly submitted inflated invoices related to an electricity project to transfer funds to a Vinod Adani-controlled company in Mauritius.

Scroll Staff

· Aug 16, 2017 · 12:00 pm

Sahara chief Subrata Roy's parole extended till November 28

The group deposited Rs 200 crore with Sebi and told the Supreme Court it will pay another Rs 200 crore by the end of November.

Scroll Staff

· Oct 21, 2016 · 04:30 pm

How neoliberalism’s moral order feeds fraud and corruption

Corporate wrongdoing is underpinned by a morality that many of us have voted for.

Jörg Wiegratz and David Whyte, The Conversation

· Jun 28, 2016 · 03:30 pm

Sahara wants to sell Force India shares, planes and hotels to get bail for Subrata Roy

The company also said negotiations were underway to sell three overseas hotels in London and New York.

Scroll Staff

· Feb 02, 2016 · 08:12 pm

The £70-billion firm: Did two people carry out a fraud this massive – and on Sharad Pawar, no less?

A tweet last week by BJP leader Subramanian Swamy sparks a mystery.

Scroll Staff

· Nov 26, 2015 · 12:30 pm