Question : SIPHONING OFF SHARE HOLDER S MONEY BY PHARMA COMPANIES

(a) whether it has come to the notice of the Government that some pharmaceutical companies are siphoning off the share holder’s money through loan licensing and contract manufacturing ;

(b) if so, the details thereof; and

(c) the action taken by the Government thereon?

THE MINISTER OF CORPORATE AFFAIRS (SHRI PREM CHAND GUPTA)

(a) No, Sir.

(b) & (c) Do not arise.