Tag
Fraud / Investigation
3 articles
SEBI Ex-Parte Order: Elitecon Securities Fraud
SEBI passed ex-parte interim order on March 30, 2026 against Elitecon International and 5 connected individuals for securities fraud.
Company concealed GST Show Cause Notices totalling ₹408.65 crore;
IFCI Faces SFIO-NCLT Petition, Rs.157 Cr Exposure
IFCI Limited received Company Petition CP 34/241-242/PB/2026 filed by Union of India through SFIO before NCLT Principal Bench, New Delhi, pursuant to an order dated March 12, 2026.
The petition stems
Tijaria Polypipes Directors Convicted in IPO Fraud
Additional Chief Judicial Magistrate, Jaipur convicted all 6 directors of Tijaria Polypipes under Sections 63, 68, 628 of Companies Act 1956 on 17 March 2026.
Directors diverted ₹60 crore IPO proceeds