SIT Suggests Action Against 2675 Directors by MCA ! Why Many of Them Still Get Away !

The SIT i.e Special Investigation Team set up to tackle Black money menace has finally have some recommendation under which it has advised Ministry of Corporate Affairs action against 2627 directors of companies who have violated the provision under section 165 of the Companies Act 2013 . It looks assuring for common person that the people involved in black money will get some kind of punishment , a closer look in the law ( Companies Act) seems to suggest that many of them may actually not get hurt at all !

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