The government today said it has detected four "bogus" companies, including SpeakAsia Online, in the last three years.
Minister of State for Corporate Affairs Sachin Pilot in a written reply to the Lok Sabha said the government has detected four bogus companies-- SpeakAsia Online, Purvanchal Krishi Vinan Corporation Ltd, Wonders Healthcare Pvt Ltd, Perceptor Knowledge Academy Pvt Ltd-- in the last three years.
He said any company operating without registration or incorporation under the the Companies Act, 1956 is considered bogus.
Pilot further said the government has ordered Serious Fraud Investigation Office (SFIO) to probe into the affairs of SpeakAsia, while in the case of remaining three firms, Registrar of Companies (ROC), Kanpur, has filed prosecution under the Companies Act.
SFIO is the investigation arm of the ministry of corporate affairs (MCA).
"Investigation into the affairs of SpeakAsia has been ordered to be conducted by SFIO," the minister said.