"The transactions between the content advance entities and the trade receivable entities, raise the possibility that Eros International was circulating funds whereby amounts transferred as content advances were subsequently recognised as revenue by routing it through trade receivables entities," Sebi had said
SAT Rejects Appeals Against Sebi s Interim Order In Eros Fund Diversion Case freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
SAT rejects appeals against Sebi s interim order in Eros fund diversion case financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
As per a Reuters report, the ministry ordered the probe after it was "satisfied" that an inspection was required to check allegations of fund siphoning
India s Ministry of
Corporate Affairs has ordered an inspection of the accounts of
Eros International Media, two government officials
told Reuters, after the market regulator in June accused the
media.