Subhiksha may be probed for fraud: Govt

Stating that he was yet to look into the report presented by the Registrar of Companies recently, Khurshid told reporters here that the Ministry would take appropriate action as and when required.

“I was out of Delhi for a week ... These reports (from RoC) will come to me after I reach there. Then we will take appropriate action that need to be taken,” he said.

“SFIO is the next level of procedure . We do through the RoC ... Sending something to the SFIO does not mean like passing a judgement,” he said. The RoC had started investigations into the financials of Subhiksha Trading Services following complaints by ICICI Venture.

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