Not going to Plan: Gurugram crowdfunding fintech faces charges of lining its own pocket
Planify's parent sold 4,53,530 shares to subsidiary Planify Enterprises, which runs the crowdfunding platform, and raised about Rs 3,89,53,017 from 76 investors, contravening several provisions of the Companies Act, according to a notice from the RoC
Source: moneycontrol.com