Mumbai: The Registrar of Companies (RoC), the wing of the Ministry of Corporate Affairs, which is examining the books of accounts of Jet Airways Ltd, has found instances of Companies Act violation and some unexplained fund trail, a government official said.
“The RoC preliminary inspection in the books of Jet Airways was completed earlier this week and the report was submitted to the MCA on 8 May,” he said.
“The MCA will have to take a call on whether it is satisfied with the findings for further course of action. If the findings are serious and indicates fund diversion, the report may be referred to the Serious Fraud Investigation Office (SFIO) for a probe of fraud allegations,” he added.
