InvestorQ : Can you tell me about the investigations by the MCA into the affairs of Edelweiss?
Juvina Maggie made post

Can you tell me about the investigations by the MCA into the affairs of Edelweiss?

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Deepa Salunkhe answered.
1 month ago
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The Ministry of Corporate Affairs or MCA is currently inspecting books of accounts of the ARC arm of Edelweiss group. How not much of details are available beyond that. Apparently, the Ministry had ordered a detailed inspection into the books of the ARC business of Edelweiss over some concerns it had. Edelweiss is the largest ARC in India working closely with the NCLT. Edelweiss management had denied all such charges made against it.

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