Corporate fraud and the law

There is much to be said in favour of creating an effective legal and regulatory environment to prevent and prosecute corporate frauds. In the latest Frontline, I have focussed on the limitations of Serious Fraud Investigations Office, and the existing regulatory framework. The timely posts by our co-blogger, V.Umakanth on this blog and his colleague on the Indian Corporate Law blog, Jayant Thakur, have been duly acknowledged. Read on