#corporate-fraud

ED Attaches ₹112 . 90 Crore Assets of LEEL Electricals Promoters in Alleged SBI - IDBI Bank Fraud Case

A season for fraud?

Economic shock and corporate fraud are linked

Forensic audits support corporate-fraud probes and IBC cases but still lack enforceable standards

Such audits are being used more and more in insolvency and corporate fraud cases, but are not subject to any legally binding audit standards in India. Given how high the stakes are, this regulatory gap needs to be tackled right away.