Shri Sachin Pilot Archive

Action Taken in Cases of Corporate Frauds

From the years 2009-10 to 2013-14 (till date), 132 cases of fraud/ illegal transaction have been brought to the notice of the Ministry of Corporate Affairs. Giving this information in written reply to a question in the Rajya Sabha today ShriSachin Pilot, Minister of Corporate Affairs, gave details of the action taken in respect of these cases as follows: (i)    In 89

Shri Sachin Pilot Directs Expeditious Distribution of Rs 3,270 Crore, Realized from the Assets of Defunct Companies, to Claimants

Corporate Affairs Minister ShRI Sachin Pilot took a meeting of the Official Liquidators (OLs) attached with different High Courts here yesterday to take stock of their work relating to dissolution and winding up of companies. It was observed that there were 4,988 companies awaiting dissolution in various High Courts out of which 1,046 companies are