CCI may hold senior execs of steel companies accountable
Last week, TOI had sent questionnaires to several companies that are under probe but they did not respond to the queries.Based on the investigation by its director general (DG) investigation, the CCI issued an order to the 31 steel companies named in the probe.
The firms were directed to submit their audited financial statements, including balance sheets, income and expenditure accounts and profit & loss accounts, for the period from 2015-16 to 2022-23.
They have also been asked to provide certified details of turnover linked to the alleged violations, this information is usually used to assess potential penalties, if any.
