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Utilitarianism Essay

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CORPORATE FRAUD- VIGIL MECHANISM AND SFIO

Dissertation submitted in partial fulfilment of the requirements for the Degree of Masters of Laws in the NLUO, Cuttack.

Submitted By: Baby Khan 2014/LL.M./06

Under the Guidance of:
Ms.Suman Dash Bhattamishra
National Law University Odisha, Cuttack

NATIONAL LAW UNIVERSITY, ODISHA
CUTTACK, KATAJODI CAMPUS, CDA, SECTOR- 13
NEAR- NARAJ CUTTACK

DECLARATION

I, BABY KHAN declare that this thesis entitled “CORPORATE FRAUD – VIGIL MECHANISM AND SFIO” is not more than 2500 words in length including quotes and exclusive of tables, figures, appendices, bibliography, references and footnotes. This thesis contains no material that has been submitted previously, in whole or in part, for the award …show more content…

with a view to fulfilling the assigned task.
A corporate fraud can happens when a company or an organisations deliberately changes or conceals something to the next in order to make appears healthy which is not originally. A company may commit fraud by manipulating accounting records, hiding debt, or failing to inform shareholders of loans and bonuses given to its executives. The falsification of financial information, including false accounting entries, bogus trades designed to inflate profits or hide losses and false transactions will help the organization to attract funds from the lenders and investors. Corporate Fraud can happen in many ways and most of the fraud took place by the employee working under his own organisation or company. There are different ways corporate fraud held like Management fraud which is also known as financial fraud in this mainly the fraud committed by management along with corruption and bribery in dealing in favour of the

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