Friday, July 15, 2011

MCA FINDS 12 CASES OF WRONG E-FILING

The government said it has initiated action against practicing professionals who had certified the in-correct particulars submitted by 12 listed companies. The Ministry of Corporate Affairs has directed its regional directors to initiate inquiry against those practicing professionals who had certified 12 cases of wrong e-filing by certain listed companies in their e-forms. The MCA during examination has found 12 cases of wrong e-filing, wherein the data furnished in the e-forms were totally different as compared to the records of the company. It said if found guilty in preliminary inquiry by the regional director, the concerned professional institute would be told to initiate an inquiry under their regulations.

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