Infosys condemned the "mischievous insinuations made by anonymous sources against the co-founders and former colleagues, suggesting their involvement in the recent whistleblower allegations".
According to Companies Act, every company must hold its AGM within six months from the closing date of financial year, which ends on September 30
Govt recently brought in an Ordinance to amend Companies Act, 2013, with the objective of de-clogging the NCLT and empowering the Registrar of Companies and regional directors with additional powers
Action has been initiated to restrict operation of bank accounts of these companies