Forensic audit might unearth more fraudulent transactions for CG Power, says Amit Tandon of IiAS
CNBC-TV18
2019-08-21
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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.
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