MoS Sachin Pilot is the man Gadkari should fear
October 28, 2012  18:47
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Newly appointed Corporate Affairs Minister Sachin Pilot today said that all investigations related to companies in India will be conducted in a "transparent" manner and without any bias.

"Laws are already in place and the investigations, whatever under the ministry, will be done in a transparent fashion with no biases and full sincerity," Pilot said urs after being shown as Minister Of State (Independent charge) for Corporate Affairs.

He said the ministry will be open to discussions with the corporate world, individuals and all other stakeholders. "We will find the best way in moving ahead," Pilot said. The MCA acts as the nodal ministry for bodies like Registrars of Companies, Serious Fraud Investigation Office (SFIO) and Competition Commission of India (CCI), which are mandate to regulate entire corporate sectors.

The ministry recently launched a probe to trace the source of funding for Maharashtra-based Purti Power and Sugar Ltd (PPSL), run by BJP President Nitin Gadkari's firm.
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