Violation of the Companies act by IPL Franchises
The Government has said that itis looking into violation of the Companies Act, 1956 by some Indian Premier League (IPL) franchises.Giving this information in written reply to a question in the Lok Sabha, the Minister for Corporate Affairs, Shri Salman Khurshid said that theBalance Sheets, Annual Returns and other documents of following IPL franchisees registered under the Companies Act, 1956 (the Act) have been examined under Section
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