(a) whether the Government has received any proposal or recommendation to investigate the working of several IT companies;
(b) if so, the details of such companies; and
(c) the action plan prepared to monitor the working of these companies in view of financial scam in a major IT company?
THE MINISTER OF CORPORATE AFFAIRS (SHRI SALMAN KHURSHID)
(a): The Ministry of Corporate Affairs has not received any proposal or recommendation from
its field offices to investigate the working of several IT companies.
(b): Does not arise.
(c): No action plan has been prepared by this Ministry, specially for monitoring the working
of IT companies. However, the regulatory framework under the Companies Act, 1956 is available
and used against the defaulting companies as and when warranted.