Serious Fraud Investigation Office
| Serious Fraud Investigation Office गंभीर कपट अन्वेषण कार्यालय | |
|---|---|
| Common name | Serious Fraud Investigation Office |
| Abbreviation | SFIO |
| Agency overview | |
| Formed | 2003 |
| Jurisdictional structure | |
| Federal agency | India |
| Operations jurisdiction | India |
| Governing body | Government of India |
| General nature | |
| Operational structure | |
| Headquarters | New Delhi, India |
| Agency executive |
|
| Parent agency | Ministry of Corporate Affairs |
| Regions | |
| Facilities | |
| Regional Offices | 5 |
| Website | |
| sfio | |
The Serious Fraud Investigation Office (SFIO) is a statutory agency in India tasked with investigating corporate fraud. It operates under the Ministry of Corporate Affairs, Government of India, with the mandate of detecting and prosecuting or recommending prosecution for white-collar crimes. The SFIO is a multi-disciplinary organization, comprising experts in various fields such as accountancy, forensic auditing, banking, law, information technology, investigation, company law, capital market, taxation, among other domains.
Initially, it was set up by a resolution adopted by the Government of India on 2 July 2003 and carried out investigations within the existing legal framework under section 235 to 247 of the erstwhile Companies Act, 1956. Later, Section 211 of the Companies Act, 2013, accorded the statutory status to SFIO.