![IL & FS Scam: Madras High Court quashes FIR against Three Ex-Directors of IL & FS, but does not give a Clean Chit [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/ILFS-scam-Madras-High-Court-clean-chit-Taxscan.jpg "IL & FS Scam: Madras High Court quashes FIR against Three Ex-Directors of IL & FS, but does not give a Clean Chit [Read Order]")
IL & FS Scam: Madras High Court quashes FIR against Three Ex-Directors of IL & FS, but does not give a 'Clean Chit' [Read Order]
The Madras High Court quashed the FIR against the three ex-directors of IL&FS namely Ravi Parthasarathy, Hari Sankaran, Ramchand Karunakaran, but...
![Delhi HC quashes summons issued to limited extent against PNB Executive Director Dr. Rajesh Kumar Yaduvanshi, for alleged fraud committed by BSL [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/dr-Rajesh-Kumar-Yaduvanshi-summons-taxscan.jpeg "Delhi HC quashes summons issued to limited extent against PNB Executive Director Dr. Rajesh Kumar Yaduvanshi, for alleged fraud committed by BSL [Read Order]")
Delhi HC allows Bail to Accused of Corporate Fraud Case since Trial not possible due to Lockdown [Read Order]
The High Court of Delhi granted the bail to the Director accused of fraud on grounds that he was not the signatory to the alleged False Statement in the balance sheet of the Company quoting a reason...
![Delhi HC allows Bail to Accused of Corporate Fraud Case since Trial not possible due to Lockdown [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/11/Settlement-Commission-Delhi-High-Court-Taxscan.jpg "Delhi HC allows Bail to Accused of Corporate Fraud Case since Trial not possible due to Lockdown [Read Order]")
Intelligence Wing of Income Tax Dept is not an ‘External Law Enforcement Agency’: ITAT [Read Order]
While dismissing a departmental appeal, the Income Tax Appellate Tribunal (ITAT), Jaipur has held that the intelligence wing of the income tax department, being a part of the department, cannot be...
![Intelligence Wing of Income Tax Dept is not an ‘External Law Enforcement Agency’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-16-3.jpg "Intelligence Wing of Income Tax Dept is not an ‘External Law Enforcement Agency’: ITAT [Read Order]")
SFIO’s Market Research Analysis Unit prepares 55 reports on Fraud & Misappropriation by Companies; SFIO assigned 12 for Probe
During the last 3 years, 55 number of research reports prepared by the Market Research and Analysis Unit (MRAU) have been submitted to the Ministry of Corporate Affairs (MCA). 12 number of...
Govt constitutes Company Law Committee for examining and making recommendations on various provisions and issues pertaining to implementation of the Companies Act
In line with the Government’s objective of promoting Ease of Living in the country by providing Ease of Doing Business to law-abiding corporates, fostering improved corporate compliance for...
Audit Lapses in SRS Limited: NFRA Imposes 3 Year Ban and Rs. 3 Lakh Penalty for Two Chartered Accountants
The auditor-regulator, the National Financial Reporting Authority (NFRA) has imposed a penalty of Three lakhs on the statutory auditor of now-de-listed company SRS Ltd, along with a three-year ban on...
![Bhushan Steel SFIO Case: Another Chartered Accountant gets Bail from Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/CA-Bhushan-Steel-SFIO-Case-Chartered-Accountant-Bail-Delhi-High-Court-Taxscan.jpeg "Bhushan Steel SFIO Case: Another Chartered Accountant gets Bail from Delhi HC [Read Order]")