Members of the joint parliamentary committee on the stock scam today came down heavily on the department of company affairs for what they called its inability to take follow up action against companies indicted by the earlier JPC on the 1992 scam.
Sources said the members were unhappy with the answers given by the DCA officials and asked them to reappear before the committee with details of the punitive steps they have taken so far against tainted companies. They also asked for the list of cases where action is pending.
The members wanted to know what measures would be taken by the DCA in the wake of the latest scam.
Briefing reporters after today
