{"id":287992,"date":"2019-08-21T05:01:14","date_gmt":"2019-08-21T05:01:14","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287992"},"modified":"2019-08-21T05:17:17","modified_gmt":"2019-08-21T05:17:17","slug":"mca-orders-probe-against-cg-power-inspection-report-to-be-ready-soon","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mca-orders-probe-against-cg-power-inspection-report-to-be-ready-soon\/","title":{"rendered":"MCA orders probe against CG Power, inspection report to be ready soon"},"content":{"rendered":"<p>CG Power and Industrial Solutions is under the lens of the Ministry of Corporate Affairs (MCA), which has ordered an inspection into the affairs of the company, said a senior government official. <\/p>\n<p>The probe was triggered after auditors of the power equipment maker resigned a few months ago. <\/p>\n<p>\u201cThe inspection report will be ready soon and appropriate action will be taken,\u201d the senior government official added. <\/p>\n<p>After convening a board meeting that ran into the wee hours of the morning, the company announced that it will restate earnings after discovering \u201csuspect, unauthorised and undisclosed\u201d transactions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CG Power and Industrial Solutions is under the lens of the Ministry of Corporate Affairs (MCA), which has ordered an inspection into the affairs of the company, said a senior government official. The probe was triggered after auditors of the power equipment maker resigned a few months ago. \u201cThe inspection report will be ready soon and appropriate action will be taken,\u201d the senior government official added. After convening a board meeting that ran into the wee hours of the morning, the company announced that it will restate earnings after discovering \u201csuspect, unauthorised and undisclosed\u201d transactions.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-287992","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=287992"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287992\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}