(a) whether the Government is proposing a new vigilance system to track the fraudulent activities of corporate companies across the country;
(b) if so, the details thereof;
(c) the details of number of companies identified indulging in fraudulent activities and the nature of fraud committed by them during each year of the past 4 years including the current year, year-wise and State-wise;
(d) the action taken/to be taken against such fraudulent companies; and
(e) if not, the reasons therefor?
THE MINISTER OF STATE FOR FINANCE
AND CORPORATE AFFAIRS (SHRI ANURAG SINGH THAKUR)
????? ??? ????????? ????? ???????? ??? ????? ?????? (???? ?????? ???? ?????)
(a) to (b): No Sir, however the Government had set up Serious Fraud Investigation Office (SFIO) to deal with serious frauds. SFIO has been given vast powers under the provisions of the Companies Act, 2013 including the power to arrest. Based on a well laid down process, cases that involve prima facie findings of fraud are referred to SFIO.
(c) to (e) The details of the cases referred to SFIO in the last 4 years is as at Annexure “A”.
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Annexure-A
Investigation cases handed over to SFIO from 2015-16 to 2019-20 (till date).
2015-16
No of Cos Name of Company Name of the State
1 Saradha Housing Pvt. Ltd. West Bengal
2 Ambujaatripuri Infra (India) Ltd. + 7 Orissa
3 Kingfisher Airlines Ltd. Karnataka
4 Grand Vyapaar Pvt. Ltd. +5 Uttar Pradesh
5 Msquare Prudent Multitrade Pvt. Ltd. +10 Delhi
6 Goldmine Food Products Ltd. + 7 West Bengal
7 Samruddha Jeevan Foods Ltd. Maharashtra
8 Sai Prasad Foods Ltd. + 2 Maharashtra
9 Utkarsha Plotters and Multi Agro Solutions India Ltd. Maharashtra
10 PGF Ltd. +1 Chandigarh
11 AMB Buildprop Private Limited + 5 Delhi
12 Jeevan Suraksha Trading & Financials Ltd. +5 Assam
13 Shailraj Hotels Pvt. Ltd. Delhi
14 Rank Mercantile Private Ltd. + 1 Maharashtra
15 Parul Polymers Private Limited Delhi
16 Helios & Matheson Information Technology Ltd. Karnataka
17 Chakra Infrastructure Ltd. + 7 Karnataka
18 Aarzoo Agritech Private Limited + 104 Delhi
19 MPS Greenery Developers Ltd. + 7 West Bengal
20 Sunair Hotels Limited Delhi
21 Jagat Agro Commodities Pvt. Ltd. Maharashtra
22 Promotech Infratech Ltd. West Bengal
23 ABC Cotspin Pvt. Ltd. Gujarat
2016-17
1 Century Communication Limited Delhi
2 Narangs International Hotels Pvt. Ltd. Maharashtra
3 Bush Foods Overseas Pvt. Ltd. Delhi
4 Maitri Suvarnasiddhi Pvt. Ltd. Karnataka
5 Bhushan Steel Limited + 14 Delhi
6 Singhal Enterprises Pvt. Ltd. West Bengal
7 Church of South India Trust Association Tamil Nadu
8 Winsome Diamonds & Jewellery Limited Gujarat
9 First Leasing Company of India Ltd. (In Liqn) Tamil Nadu
10 Alps BPO Services Limited (In Liqn) Gujarat
11 Micro Technologies (India) Limited (in Liqn) Telangana
12 Birla Power Solutions Ltd (in Liqn) Maharashtra
13 IFCI Ltd Delhi
14 Coastal Projects Limited Orissa
15 Goldmine Animal Husbandry Pvt. Ltd + 40 West Bengal
16 Ketan Parekh Group of Companies Not Found
17 Prayag Infotech Hi-Rise Ltd. + 21 West Bengal
18 Ultra Motors India Private Limited Delhi
19 Okara Agro Industries Limited and other group of Companies Delhi
20 Pearl Vision Private Limited + 9 Delhi
21 Cartesian Computers Ltd. + 2 Gujarat
22 Parul Polymers Private Limited Delhi
23 Ablaze Info Solutions Pvt. Ltd Delhi
24 URO Enclave India Ltd. (UROEIL) West Bengal
25 Getit InfoservicesPrivate Limited (In Liqn.) Delhi
2017-18
No of Cos Name of Company Name of the State
1 Vigneshwara Developers Private Limited. +17 Delhi
2 Safe and Secure Online Marketing pvt. Ltd. Delhi
3 Webwork Trade Links Private Limited + 04 Uttar Pradesh
4 Greenray International Ltd. + 03 Orissa
5 Waris Finance International Ltd. (Presently know as Waris Industries Ltd.) + 21 West Bengal
6 Wellfare Buildings and Estates Private Limited. West Bengal
7 Assotech Ltd. (in Liqn). Delhi
8 Kingfisher Training and Services Ltd. + 4 Karnataka
9 Dreamline Manpower Solutions Private Ltd (now Nityank Infrapower & Multiventures Pvt. Ltd) + 17 Andhra Pradesh
10 Mangalam Homes (India) Private Limited + 1 Bihar
11 Suraj Motors Pvt. Ltd. (u/s 216 r/w section 210 (1) ( c) of the Companies Act, 2013) Jammu and Kashmir
12 Micro Leasing & Funding Limited Orissa
13 Scriptacom BPO Systems (P) Limited (converted into scriptacom BPO Systems LLP on 22-12-2014 Gujarat
14 D S Kulkarni Developers Limited Maharashtra
15 Religare Enterprises Limited Delhi
16 Fortis Healthcare Limited Delhi
17 Radashir Jewelry Company Private Limited + 113 Maharashtra
18 Rotomac Global Private Limited + 10 Uttar Pradesh
19 United India Insurance Company Tamil Nadu
20 Heera Gold Exim Limited + 14 Telangana
21 Kohinoor Diamonds Private Limited Gujarat
2018-19
1 Sterling Biotech Limited Maharashtra
2 Royal Twinkle Star Club Private Limited Maharashtra
3 Ruchi Soya Industries Limited Maharashtra
4 Zynergy Solar Projects and Services Ltd. (ZSPSPL) + 1 Tamil Nadu
5 Church of South India Trust Association (CSITA) Tamil Nadu
6 Kerryon Automart Pvt Ltd + 16 West Bengal
7 Premia Projects Ltd (PPL) Delhi
8 Moongipa Investments Ltd. Delhi
9 Rockland Hospital Ltd Delhi
10 Dishnet Wireless Ltd + 2 Maharashtra
11 Adarsh Buildestate Ltd and entities associated with it +124 including 05 LLPs Haryana
12 Kolkata Weir Industries Ltd +15 West Bengal
13 Diamond Power Infrastructure Ltd +14 Gujarat
14 Cosmic Structure Limited (In liqn) Delhi
15 SRS Limited and its group companies Delhi
16 Educomp Solution Ltd Delhi
17 Auro Gold Jewellery Pvt Ltd Maharashtra
18 Parekh Aluminex Ltd Maharashtra
19 Infrastructure Leasing and Financial Services Limited Maharashtra
20 Sahara Q Shop Unique Products Range Limited + 2 Maharashtra
21 Wheels Mobility Solutions Limited (In Prov. Liqn.) Delhi
22 Delhi and District Cricket Association Delhi
23 Alchemist Township India Limited + 7 Delhi
24 Dura-line India Private Limited Delhi
25 Cygnus Developers (India) Pvt Ltd West Bengal
26 Amrit Feeds Limited West Bengal
27 Gujarat NRE Coke Limited West Bengal
28 Birla Cotsyn Ltd + 2 Maharashtra
29 Real Estate and Landbank India Limited Gujarat
30 Shree Maheshwar Hydel Power Corp Ltd Madhya Pradesh
31 Krishna Knitwear Technology Ltd + 4 Maharashtra
32 Tata Tele Services Maharashtra Ltd + 2 Maharashtra
33 Surana Industries Ltd + 190 Tamil Nadu
2019-20 (up to 30.06.2019)
1 Pancard Club Limited Maharashtra
2 M/s Bengal India Global Infrastructure Limited + 2 West Bengal
3 Pailan Park Development Authority Limited +17 West Bengal
4 Punj Liyod Limited Delhi
5 Amrit Projects Limited + 5 West Bengal
6 Jet Airways (India) Limited+6 Maharashtra
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