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Tata Steel, Reliance Industries, Steel Authority of India and ONGC are among 26 companies shortlisted for national awards for excellence in corporate governance by the Institute of Chartered Accountants of India (ICAI).
However, before finalising the awards, the ICAI has sought the Central Provident Fund Commissioner’s help to “confirm the credentials” of these short-listed companies and ensure that there are no complaints or prosecutions pending against them.
In a letter to the CPFC, posted on EFO’s website, Sutanu Sinha, Officiating Secretary and & Chief Executive, ICAI, has sought the information before November 20, so that it could be placed before the jury, headed by Justice M N Venkatachaliah, former Chief Justice of India.
The other companies in the short-list include Canara Bank, Bharat Petroleum, Central Depository Services, Dabur India, GMR Infrastructure, M&M, Housing Development Finance Corp, Rashtriya Ispat.
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