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Business Standard

Corporate frauds likely to spike in post-Covid set-up, says survey

Over 62 per cent of independent directors indicated that they believe fraud will increase over the next two years

Topics
corporate fraud | Companies Act 2013 | Independent directors

Ruchika Chitravanshi  |  New Delhi 



About 63 per cent of the independent directors are ready to be a part of the board even if they have previously experienced or reported fraud.
About 63 per cent of the independent directors are ready to be a part of the board even if they have previously experienced or reported fraud.

Largescale remote working arrangements and cash flow crunch, leading to business operations taking a priority over compliance during the pandemic, could lead to a rise in frauds, a survey on how perceive has found.

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First Published: Wed, October 06 2021. 06:05 IST

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