acting on Hindu The Maharashtra government has issued a notice to Haffkine Biopharmaceutical Corporation Limited, asking it to submit a report in this regard.
The Comptroller and Auditor General (CAG) of India has reported on the financial statements of Maharashtra state government-owned Haffkine Biopharmaceutical Corporation Limited that not only has the company failed to comply with the Supreme Court order in the ₹52.80 crore tender process, But it also hid its own bank account opened in 2015, resulting in incorrect balance sheet submission to the legislature through its annual report, which could attract a breach of privilege motion against the company’s executives.
The report titled Comments of the CAG under section 143(6)(b) of the Companies Act, 2013, is in possession of Hindu, This includes supplementary audit of the financial statements of the company for the year ended March 31, 2020.
The Medical Education and Drugs Department has written a letter to the Managing Director of the corporation asking him to submit a report on the news report along with documents.