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Friday, November 10, 2023

Corporate affairs ministry may widen probe into the books of MG Motor India ;-The Economic Times

 

New Delhi: The ministry of corporate affairs (MCA) could widen the probe into the books of MG Motor India, people close to the development said. Separately, it may also probe the books of smartphone maker Vivo, which has already been accused by the Enforcement Directorate (ED) of money laundering, they said.

MCA's likely recommendation for a wider probe in into MG Motor India's books follows the findings of the Registrar of Companies (RoC) in a 2022 case, said one of the people.


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