(a) whether the Serious Fraud Investigation Office (SFIO) has recommended to the Government
to file criminal cases against some companies after the completion of investigations for
violation of Company Law and breach of IPC provisions;
(b) if so, the details thereof and the action taken on the recommendations of the SFIO; and
(c) if not, the reasons therefor?
THE MINISTER OF CORPORATE AFFAIRS (SHRI PREM CHAND GUPTA)
(a) Yes, Sir.
(b) The recommendations contained in the Investigation Reports have been accepted by the
Central Government and instructions have been issued to the SFIO to file complaints for the
violations of law brought out in these Reports. The details of the complaints filed in the
courts are enclosed at Annexure.
(c) Question does not arise.