Companies

Walmart officials meet Inquiry Committee

Our Bureau New Delhi | Updated on March 22, 2013 Published on March 22, 2013

Officials of Wal-Mart Asia and Bharti Walmart Pvt Ltd accompanied by their counsel met the Government appointed inquiry committee that’s probing the lobbying activities of the global retail giant in India.

The one-man Inquiry Committee headed by Justice Mukul Mudgal sought more information from the company officials on the lobbying activities of the retail giant.

“After discussions, it was decided to await the responses of the above companies to the queries raised by the Committee. The next meeting would be notified separately,” an official statement by the Ministry of Corporate Affairs said. The Justice Mudgal Committee is expected to submit its report sometime in April.

The Government had set up the inquiry committee to initiate a probe after reports surfaced on the Wal-Mart’s lobbying activities to gain access into the Indian market creating a furore in Parliament. The committee is also looking into "whether Wal-Mart undertook any activities in India in contravention of any Indian law,” and any other matter relevant to this issue.

Published on March 22, 2013
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