By means of PTI
MUMBAI: The Financial Offences Wing (EOW) of the Mumbai Police has registered 34 FIRs in opposition to 150 other people, together with 60 foreigners- 40 of them from China- for allegedly violating regulations in regards to the registration of latest corporations and for fraudulently changing into administrators of Indian corporations, a police reputable mentioned on Monday.
The reputable mentioned the FIRs have been registered between April 1 to fifteen and added that 4 extra First Data Reviews might be registered until Tuesday.
Some of the 60 foreigners in opposition to whom the circumstances are filed, 40 are from China and the remainder from Singapore, the United Kingdom, Taiwan, the US, Cyprus, the UAE, and South Korea.
As in line with the initial investigation, the accused had given false statements to the ROC (Registrar of Firms), Mumbai, an EOW reputable mentioned.
In some circumstances, the verbal exchange addresses of the corporations have been discovered modified.
The 34 FIRs additionally identify greater than 30 Chartered Accountants (CAs), 30 Corporate Secretaries (CSs) and administrators of businesses.
As in line with the proceedings filed via the ROC, Mumbai, the overseas nationals was administrators and house owners in Indian included corporations fraudulently.
The FIRs have invoked quite a lot of sections of the Indian Penal Code (IPC) for dishonest, legal conspiracy and legal breach of believe in conjunction with phase 447 (fraud) of the Firms Act.
Those proceedings have been registered on the Marine Force police station.
The primary FIR used to be registered in February.
The EOW has now taken over the probe, the reputable added.