The meaning thereby is that when the powers are under the Companies Act are vested in their office , why should they look for SIFO , RBI or any one else?
From: Madanlal A Uppal <madiblr@yahoo.com>
To: aaykarbhavan@yahoogroups.com
Sent: Sunday, 5 May 2013 1:38 AM
Subject: [aaykarbhavan] Re: Business Standard
How true.The depredation , all around is appalling . Could you expected this ?
--- In aaykarbhavan@yahoogroups.com, Dipak Shah <djshah1944@...> wrote:
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>
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> MCA Alleges fraud in case of Chit fund , there are many powers with R B I failing to take action!!! In such case what M C A office is doing ? IN the Companies Act they have also powers? Why they are silent ? EVn on their records some frauds are noted . What they are doing ? MCA is declaring to work through SIFO? Thie own office to be inquired by SIFO>
>
--- In aaykarbhavan@yahoogroups.com, Dipak Shah <djshah1944@...> wrote:
>
>
>
> MCA Alleges fraud in case of Chit fund , there are many powers with R B I failing to take action!!! In such case what M C A office is doing ? IN the Companies Act they have also powers? Why they are silent ? EVn on their records some frauds are noted . What they are doing ? MCA is declaring to work through SIFO? Thie own office to be inquired by SIFO>
>
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