MTNL, DLF among 150 cos inspected by govt

MTNL, DLF among 150 cos inspected by govt
PTI
Comment E-mail Print Share
First Published: Mon, Feb 23 2009. 06 39 PM IST
Updated: Mon, Feb 23 2009. 06 39 PM IST
New Delhi: The government-owned Mahanagar Telecom Nigam Ltd, or MTNL, and real estate major DLF figure in the list of 150 companies in which the government has ordered inspection of account books after receiving complaints from certain quarters.
Of the four regions- east, west, north and south - there are 14 listed firms from the northern region apart from 51 unlisted companies. They include Ansal Housing and Construction, Cyber Media India, Triveni Infrastructure development company, Eicher Motors, Bhushan Steels Ltd among others, official sources said.
Various pharma companies too figure in the list including Novartis India Ltd, Glenmark Pharmaceuticals, J B Chemicals and Pharmaceuticals, the sources added.
The government had ordered inspection under section 209 A in the accounts of these companies after receiving certain complaints and adverse remarks from auditors in certain cases. It had also ordered probe in six public sector units after receiving adverse qualifications from their auditors.
Section 209 A of the Companies Act, 1956, allows the registrar of companies (RoC), directors or members to inspect the accounts of the company.
Comment E-mail Print Share
First Published: Mon, Feb 23 2009. 06 39 PM IST