Comapines act 2013 A big leap to prevent and punish fraud

By:

KUMAR, LALIT

Material type:

Mixed materialsPublication details: 2014Description: 279-282Subject(s):

FRAUD

NLM classification:

364.163

In: CHARTERED SECRETARYMSummary: Although the companies act 1956 did contain provisions to deal with fraud by corporates, the measures were felt insufficient in the light of Satyam like frauds unearthed in recent years and accordingly opportunity has been taken to make the provisions of the companies act 2013 more stringent with regard to frauds. A brief comparative analysis of the old and new acts is presented here.

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Holdings
Item type	Current library	Call number	Vol info	Status	Date due	Barcode
Periodicals/Magazines	SSCBS Library		44/3	Available		P15329

Although the companies act 1956 did contain provisions to deal with fraud by corporates, the measures were felt insufficient in the light of Satyam like frauds unearthed in recent years and accordingly opportunity has been taken to make the provisions of the companies act 2013 more stringent with regard to frauds. A brief comparative analysis of the old and new acts is presented here.

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