New govt to decide on Jet’s SFIO probe
NEW DELHI: The government will decide on whether to refer the grounded Jet AirwaysNSE -1.83 % to the Serious Fraud Investigation Office after a new minister takes charge later this week as an inspection by the registrar of companies showed alleged irregularities.
The ministry of corporate affairs (MCA) is of the view that the case needed to be referred to the SFIO for a thorough probe but was awaiting a go-ahead from the new government, which assumes office on Thursday, sources told TOI.
The registrar of companies and the regional director had submitted their report to the ministry a few weeks ago and there has been speculation of the beleaguered company being referred to SFIO.
