India Power Corporation Ltd (IPCL), which is currently undergoing the corporate insolvency resolution process (CIRP), on Thursday said the Serious Fraud Investigation Office (SFIO) has sought information from the company as part of an investigation ordered by the Ministry of Corporate Affairs (MCA) into the affairs of Srei Infrastructure Finance Ltd and other entities.
“The Serious Fraud Investigation Office (SFIO), Ministry of Corporate Affairs (MCA), Government of India, New Delhi wherein MCA, in exercise of the powers conferred under Section 212(1)(c) of the Companies Act, 2013, has ordered SFIO to investigate into the affairs of…