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DCA to probe Xerox ModiCorp

New Delhi July 19 . The Department of Company Affairs (DCA) will soon begin investigations against Xerox ModiCorp and its associate companies under Section 237 of the Companies Act, which allows the books of Xerox and other associated companies to be examined by `outsiders' such as chartered accountants.

In a hearing at the Company Law Board, the Xerox officials ``did not object to our petition that investigation be allowed under Section 237. This section enables us to not only investigate Xerox ModiCorp but also any or all of its associate companies,'' sources told PTI here.

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