MCA moves NCLT against former management of CG Power
MCA moves NCLT against former management of CG Power SECTIONS Share Synopsis In 2019, the board of CG Power & Industrial Solutions had to restate its earnings after finding suspected fraudulent transactions by its chairman and few confidantes had removed its chairman Gautam Thapar alleging misappropriation of funds. Thapar refuted the allegations and claimed he had repaid Rs 4,000 crore to many lenders since 2015. Getty Images The Ministry of Corporate Affairs (MCA) has approached the Mumbai be...
Source: indiatimes.com