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Ministry seeks details of disclosures

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BS Reporter
Last Updated : Jan 21 2013 | 2:31 AM IST

The Ministry of Corporate Affairs (MCA) is looking into the financial disclosures made by Unitech for 2009, the year the Unitech-Telenor deal had happened.

The ministry has sought detailed information on certain statutory disclosures that relate to its income from various business segments and foreign exchange transactions. An MCA official said it was too early to say whether there had been any violation of the Companies Law. Under normal situation, MCA sought preliminary filing data and an analysis from the Registrar of Companies. If there was an evidence of foul play, the case could be handed over to the Serious Fraud Investigation Office for further investigation, he pointed out.

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First Published: Mar 08 2012 | 12:00 AM IST

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