TAG: investigation
MCA’s Byju’s investigation likely to focus on use of SPV funds: Official
The Ministry of Corporate Affairs is likely to investigate the flow and use of funds in a Special Purpose Vehicle (SPV) called Byju’s Alpha, the US unit of the embattled Indian edtech startup Byju's. The move comes as the company is facing legal action fr...
2 months ago
MCA probing Snapdeal, part of a wider investigation into past Chinese investments in 700 companies
The Ministry of Corporate Affairs (MCA) has initiated a probe into e-commerce platform Snapdeal for alleged regulatory violations and non-compliance with the Companies Act, a government official familiar with the matter told Moneycontrol.The probe was lau...
2 months ago