The internal investigation launched by the board had unearthed several multi-crore fraudulent transactions that point towards alleged fund diversion, mismanagement, unauthorized advances and corporate guarantees to promoter affiliate companies and connected parties.CG Power board sacks chairman Gautam Thapar; lists transactions under scrutiny
The internal investigation launched by the board had unearthed several multi-crore fraudulent transactions that point towards alleged fund diversion, mismanagement, unauthorized advances and corporate guarantees to promoter affiliate companies and connected parties.
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The NCLT#39;s Ahmedabad bench has directed the RP to include GAIL in the list of creditors for both the companies.
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