 "corporate affairs")
Financial ratios of companies such as debt to turnover, inventory to turnover, or loan to assets will soon come under closer government scrutiny through an automated system under the soon-to-be-launched portal MCA21 Version 3.0.
The central scrutiny centre being set up by the government will pull up companies if it detects any suspicious activity based on a list of parameters that are being finalised by the Ministry of Corporate Affairs (MCA), a senior official told Business Standard.
The mechanism will flag these indicators, designed around typical ratios, and issue a warning if there are lapses in information. L&T Infotech will operate the
