NIFTY  9,360.55  -0.27%
  SENSEX  30,301.60  -0.21%
 CURRENCY  Rs  64.89/$ 72.59/€, 84.18/£
  GOLD  28,691.00  -0.42%
  SILVER  39,738.00  -0.55%
  DAX  12,659.20  0.31%
  FTSE  7,485.29  -0.15%
  CAC  5,348.16  0.41%
  HANG SENG  25,428.50  0.10%
  NIKKEI  19,743.00  0.66%
  Shanghai Composite  3,064.08  0.03%
  DOW JONES  20,937.90  0.21%
  NASDAQ  6,138.71  0.08%
  S&P 500  2,398.42  0.18%
BTVI ALERT : Idea, Vodafone And Airtel Fined On Rel Jio's Intercconnect Issue TRAI : Submits Response To DoT On Rs 3,050 Cr Penalty On Idea, Vodafone & Airtel EARNINGS REPORT : Adani Enterprises Q4 PAT Rs 220 Cr Vs Rs 140 Cr YoY EARNINGS REPORT : Adani Enterprises Q4 Consol Revenue Rs 12,190 Cr EARNINGS REPORT : Adani Enterprises Q4 One-Time Loss Rs 200 Cr

Glad Corporate Fraud Defined In Companies Bill: Lalit Kumar

Video:

Play this video

August 8: “I am glad we have a clear definition of fraud for the first time,” says Lalit Kumar, Partner at JSA, referring to the Companies Bill, 2012, passed by Rajya Sabha today. This will change the enforcement landscape in India as the bill also outlines the penalties for fraud. “The penalties have been laid down, which means that anyone thinking of any wrongdoing will be clear of its consequences,” he adds.