Mumbai: Jet Airways (India) Ltd. on Friday said that the Ministry of Corporate Affairs (MCA) had during September last year conducted an inspection and sought documents from the airline’s management before approaching the company again last month for seeking further documents and details.
This happened after the Registrar of Companies (ROC), an office under the Indian Ministry of Corporate Affairs that deals with administration of the Companies Act, had started probe into Jet Airways books during August last year after the airline delayed the announcement of its quarterly results. Separately a whistle blower had also written to the MCA alleging siphoning of funds by the promoters of the airline.
