CORPORATE FRAUDS IN INDIA: A STUDY by Sanjib Roy & Ashish Kumar Singhal
Author: 1 Sanjib Roy, LLM, ICFAI Law School, The ICFAI University, Dehradun Co-Author: 2 Ashish Kumar Singhal, Associate Professor, The ICFAI University, Dehradun ABSTRACT The RBI Master Circular on Fraud stated that ‘frauds are committed by unscrupulous borrowers by various methods including a fraudulent discount of instruments, fraudulent disposal of pledged/ hypothecated stocks, funds diversion, criminal neglect and malafide managerial failure on the part of the borrowers. Globalization has brought…