Topic
The Serious Fraud Investigation Office investigates corporate frauds assigned to it by the Ministry of Corporate Affairs under Section 212 of the Companies Act, 2013.
11 storiesLatest 19 Oct 2026, 16:26 ISTOfficial website
Enforcement/
The Delhi High Court on 16 October 2026 quashed the 2018 MCA order directing an SFIO investigation into Educomp Solutions, holding it was passed without due application of mind.
Enforcement
Individually they read as isolated enforcement. Read together, SEBI's recent SME-segment orders describe one recurring pattern: capital raised for stated objects going somewhere else. Here is the mechanism, and the disclosure an investor can actually verify.
Enforcement
SEBI has settled adjudication proceedings against India Power Corporation's managing director Raghav Raj Kanoria for Rs 24.7 lakh over alleged misstatements in the company's financial statements.
Enforcement
SEBI's interim order of 28 May 2025 restrained IndusInd Bank's former CEO and four officials over alleged insider trading, and the SFIO is investigating the bank. No guilt has been established.
Enforcement
The SFIO filed a Section 447 Companies Act complaint alleging Jilian Consultants India and 32 firms ran a shell-company network servicing loan and gaming apps; the High Court granted an accused bail.
Enforcement
The Ministry of Corporate Affairs ordered an SFIO investigation into IndusInd Bank after the lender disclosed a Rs 1,979 crore derivatives accounting discrepancy. No one has been charged.
Enforcement
The Supreme Court upheld Section 140(5) and revived the SFIO complaint against IL&FS auditors Deloitte and BSR, ruling on maintainability, not on whether either firm committed fraud.
Enforcement
The Enforcement Directorate has filed prosecution complaints against 139 accused and attached assets in the Adarsh Credit Co-operative Society matter, per PMLA proceedings before the Special Court, Jaipur.
Enforcement
The Madras High Court quashed a Chennai FIR against former IL&FS directors, while the ED and SFIO prosecutions over the group's near Rs 1 lakh crore collapse remain pending; no accused has been convicted.
Enforcement
The Enforcement Directorate has arrested Nowhera Shaik in the Heera Group matter, which it links to FIRs alleging 1,72,114 investors were defrauded of more than Rs 3,000 crore.
Enforcement
The Allahabad High Court has directed that a Rs 6.33 crore Greater Noida real-estate FIR against former MLC Haji Iqbal be investigated by the Serious Fraud Investigation Office.
