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peTitle
A comprehensive stu on alt the corporate Scams
thee Lect te Changes To copay Ack fa Endlia.
Corporate Scams have played a pivotal cole % Shaping
the segutatery landscape 27& corporate governonce
Practices fa fret. over the years, Several hiyh —
| 9
Profile coxpermte -geandale nave unfoledt , expostn:
twopholes , wWeatness and fhetances og fraudertent
Prachtet — with the Coxpetates sector: These
Seandats have not only ted te finen cial asses for
Pavegtors bub they have alto shaleen publia trust
ond hihiantet fhe usgent need Be stronger
Leqat Pramusrorks fo prevent ond address cocporate,
molpractices - AS a ceaponse to these scams ,
amendments and wevisions have been made +t
the companves Act, est Which Serves as tne
fpundatonat. (ea%s lation Qoveenfoa, the Zune tioning
tank epttons oF omponkes: fn SAFO «
Th*s ator afins +o conprenensivety examine.
the coxpeseet Beare that have cont buted to
changes fn the. Companies Act 1 exploxt the
% scams tnefe Fmpacke 1 ancl tne. Subs equent
ond eg tater measured ‘Htsoduced
opect
amendments
+O _enhanee,_tarsporeng account, and Corporate
governance practices ca trata.
DELTA”
Sasadha Urcoup Scorn _
The. Savadha (nvoup cam war @ mejor
foandad eenet tha occurred fn Tria. Par SFeutloy-
ry en the. kates of uoest Benga. Assam andOdBha ank Ph tne countey. The seom mvolved
the Sawacha, (nvoup a corlemerate. thak op etased
Vevious favestments Zehemes , prom in Aigh ef:
to fovestows |The seam come to cae
when the. savadha, Urroup Collapsed heat Phounand,
ot Tevestows % financad alfstress-
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rm 20L3
The Savtadha- Group operated a Yange
of Povestments sehemes Mmeiudina coltectve
Povestments gcahemes (ats) chet furs ak
ead estave Fvestments . et atheacteR Prva s
Partfeusardy feom wurat and genfioveral arear
wa Promising high Kerns on thern — Paveatrents
However, RE san later wevected that the Lompary.
toas cunning @ pont? scheme justog funda
from _ne2 Fetes FPovestments to pay off earlfec
investors «
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