• Serious Fraud Investigation Office (SFIO) was set up in 2003 by the Government of India in the Ministry of corporate Affairs.
• This office was set up to investigate corporate frauds of very serious and complex nature.
• SFIO is a multidisciplinary investigating agency, wherein experts from

The mandate of SFIO is limited to investigating frauds relating to a company under the Companies Act , 2013 and its investigation is considered separate from other normal investigation into the affairs of the company. Banking; Corporate affairs; Taxation; Forensic audit; Capital market; Information technology; Law; or such other fields as may be prescribed.