Forensic audit might unearth more fraudulent transactions for CG Power, says Amit Tandon of IiAS
- 5 years ago
It is the second down day for CG Power as investors rush to exit. This follows shocking revelations that liabilities and advances worth Rs 4,400 crore were understated by the company - a move which prompted the Ministry of Corporate Affairs to order a probe right away. Amit Tandon of proxy advisory firm IiAS shared his thoughts.