Tag «SFIO»

Special Task Force Constituted in the SFIO to Investigate The Affairs of Certain Chit Fund Companies

The Ministry of Corporate Affairs has taken note of the misuse by certain “Chit Fund Companies” who have raised huge sums of money from the public at large. The State Governments are the appropriate authorities for regulation of such chit Fund companies/Schemes under the Chit Funds Act 1982. However, in view of the larger public …

Dr.M.Veerappa Moily Details MCA Initiatives at EEC 2012

Union Minister of Corporate Affairs Dr. M.Veerappa Moily today detailed the recent initiatives taken by his ministry for attaining an all – inclusive role of addressing a vide sweep of functions – Corporate Governance Reforms and the Emerging Legal Framework with a vision to facilitate corporate growth with enlightened regulation. Addressing media persons gathered at …