Question : PENNISSION TO COMPANIES TO RAISE FUNDS

(a) whether the Government have allowed companies to raise funds from overseas ;

(b) if so, the reasons therefor alongwith the names of companies permitted therefor;

(c) the quantum of funds raised by each of those companies and the manner in which the funds has been spent by them;

(d) whether these companies have diverted! misused the funds for other purposes than far which the funds was raised ; and

(e) if so, the action taken by the Government in this regard?

THE MINISTER OF LAW; JUSTICE & COMPANY AFFAIRS (SHRI ARUN JAITLEY )

(a) to (e): The information is being collected and will be Jaid on the Table of the House.