Tuesday, February 21, 2023

PTC Fin gets another notice over alleged governance lapse

The Ministry of Corporate Affairs (MCA) has asked PTC India Financial Services (PFS) why action should not be taken against it for alleged non-compliance with rules on the appointment of forensic auditors in a loan default case and not sharing that audit report with the erstwhile independent directors for more than two years.

from Energy-Industry-Economic Times https://ift.tt/2rMZlTJ

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