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| MTNL, DLF under Company Affairs Ministry's scanner |
| Press Trust of India / New Delhi Feb 23, 2009, 18:03 IST |
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The government-owned Mahanagar Telecom Nigam (MTNL) and real estate major DLF figure in the list of 150 companies in which the government has ordered inspection of books of accounts after receiving complaints from certain quarters.
Of the four regions-- east, west, north and south-- there are 14 listed companies 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 among others, official sources said.
Various pharma companies too figure in the list, including Novartis India, 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.
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