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MCA orders SFIO probe into Jet Airways case

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The Ministry of Corporate Affairs (MCA) has ordered its Serious Fraud Investigation Office (SFIO) to probe into the alleged irregularities into the affairs of Jet Airways and its group companies. This after the inspection report submitted by the western regional office of the ministry indicated that the beleaguered airline was prima facie indulging into malpractices and its certain transactions were ‘suspicious’ in nature and required a detailed probe.

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