Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Flat in Camellias, golf sets, and foreign trips: How Gensol’s promoters siphoned funds
It has been revealed that Gensol's promoters siphoned funds, using the company's accounts for personal expenses, including a flat in Camellias, golf sets, and foreign trips. This revelation highlights serious corporate governance lapses and potential financial misconduct. The misuse of company funds for personal enrichment raises concerns about the integrity of the company's management. These findings have led to regulatory scrutiny and legal action.