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MCA orders probe against 63 firms

Probes to be carried out for alleged misappropriation of money raised from public

New Delhi: The corporate affairs ministry has ordered probes against 63 companies in West Bengal for alleged misappropriation of money raised from public, Parliament was informed on Tuesday.

“On the basis of complaints received alleging misappropriation of funds collected from public by certain companies in West Bengal, the ministry has ordered investigation into the affairs of 63 companies,” minister of state for corporate affairs Nirmala Sitharaman informed the Rajya Sabha in a written reply.

( Source : PTI )
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