MCA orders probe into Hero MotoCorp in fund diversion case

Ministry of Corporate Affairs has ordered an investigation to assess Hero MotoCorp's relationship with a third-party vendor in a case related to alleged diversion of funds. The investigation has been ordered in the "public interest" to probe the ownership structure of Hero MotoCorp and whether it controlled the third-party vendor

from Auto-Industry-Economic Times https://ift.tt/CvixOX1