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Introduction, meaning and definition of director - class-XI
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According to the provisions of new Company Act, 2013, the 'SFIO' (Serious Fraud Investigation Office) shall be headed by _______________.
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A
A director
💡 Explanation:
The Central Government shall appoint a Director in the Serious Fraud Investigation Office, who shall be an officer not below the rank of a Joint Secretary to the Government of India having knowledge and experience in dealing with matters relating to corporate affairs.The SFIO is headed by a director not below the rank of a Joint Secretary to the Government of India having knowledge and experience in dealing with the matters relating to corporate affairs.