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  • News From Press Axis MF found evidence pointing to violations of securities laws: Chandresh Nigam

    Axis MF found evidence pointing to violations of securities laws: Chandresh Nigam

    Source: ET Jul 21, 2022

    Axis Mutual has maintained that the forensic investigation before the termination of the two executives was suo motu. What was the trigger? 

    There were multiple triggers. We were coming back to the office from a work from home system and our auditors said they were unable to comment on work from home controls during that period. That made some of us including the audit committee a bit uncomfortable. There were some market rumours too. That is when we decided to do a review. A .. 
     

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