The Ministry of Corporate Affairs has ordered a probe against the firm Exalogic Solutions, owned by Kerala Chief Minister Pinarayi Vijayan's daughter Veena T, for allegedly receiving payment from Cochin Minerals and Rutile Ltd (CMRL) without providing any service.
A three-member panel comprising Karnataka deputy registrar of Companies Varun BS, Chennai deputy director KM Sanker Narayan and Pondicherry registrar of companies A Gokulnath will conduct the probe. The inquiry panel has been asked to submit the report within four months.
The investigation order was issued by the Ministry based on the findings of the Income Tax Interim Settlement Board (ITISB) on the payments made to Kerala CM's daughter Veena Vijayan by CMRL.
It is learnt that in the preliminary investigation conducted by the Registrar of companies, Bengaluru, it has been found that Veena Vijayan's company has committed several violations of the law.
This story is from the January 14, 2024 edition of The Statesman.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 14, 2024 edition of The Statesman.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
A step towards empowering content creators
In an evening of learning, interacting and associating, Dish TV's OTT Platform Watcho launched the Watcho Storytellers Conclave, with an aim to empower filmmakers and content creators.
Marital Musings
'The support she extended was definitely praiseworthy'
Panthers of the 'Pink City'
Jaipur, the flamboyant pink city of India, is known for its art, architecture, palaces, forts, exquisite cuisine and royal life. But just on the outskirts of the city with its huge buildings, cacophonous crowds and deafening sounds lies a small, happy, peaceful refuge where nature rules.
With a song in my heart
(A week spent at Windamere Heritage Hotel in Darjeeling)
Tackling climate change a game of global finance
A prolonged heatwave followed by a monsoon when it rained heavily or not at all—leading to a vicious cycle of droughts, floods, landslides, storms—that was climate-changed India 2024.
The Memento
Shelly is an excellent craftswoman. Her beautiful, lyrically wavy embroideries are in high demand in the handicraft markets.
Reading Lolita in Tehran is an evocative example of woman powel
Russian-American author Vladimir Nobokov's novel, Lolita, created a huge controversy with its plot point of hebephilia.
U19 Asia Cup: Pakistan ride Shahzaib ton to beat India
A scintillating 159-run innings by Shahzaib Khan powered Pakistan to a 43-run victory over India in a Group-A clash of the ACC Men's U19 Asia Cup at the Dubai International Cricket Stadium on Saturday.
BGT: Indian fast bowlers share insights on pink ball ahead of second Test in Adelaide
As the Indian cricket team prepares for the upcoming pink-ball Test in Adelaide starting 6 December, fast bowlers Akash Deep and Yash Dayal have shared their experiences and observations about the challenges and nuances of bowling with the pink ball.
Australia not panicking after Perth Test loss to India: Boland
Pacer Scott Boland said the Australians are raring to win the Adelaide Test and turn the series around
