Question : WRONG INFORMATION IN ANNUAL REPORTS



(a) whether the Government has cracked down on 12 publicly listed companies, which provided wrong information in annual reports that had been verified and signed by chartered or cost accountant or company secretaries;

(b) if so, the details of such companies;

(c) the action taken against such companies, chartered or cost accountants or company secretaries; and

(d) the steps taken/being taken by the Union Government to prevent such type of fraud in future?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF CORPORATE AFFAIRS (SHRI R.P.N. SINGH)

(a) No, Madam. No such case has come to the notice of this Ministry.

(b) to (d) Does not arise.