{"id":289480,"date":"2019-08-30T05:17:58","date_gmt":"2019-08-30T05:17:58","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=289480"},"modified":"2019-08-30T05:19:39","modified_gmt":"2019-08-30T05:19:39","slug":"cg-power-sacks-gautam-thapar-as-its-chairman-with-immediate-effect","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cg-power-sacks-gautam-thapar-as-its-chairman-with-immediate-effect\/","title":{"rendered":"CG Power sacks Gautam Thapar as its chairman with immediate effect"},"content":{"rendered":"<p>CG Power &amp; Industrial Solutions on Thursday said its board has sacked Gautam Thapar as its chairman with immediate effect after an investigation that unearthed a multi-crore financial scam in the firm. <\/p>\n<p>&#8220;In cognizance of the current situation being faced by the company and the recent developments, including disclosures dated August 19, 2019, made by the company, the board of directors&#8230; passed by majority consent, have resolved to remove Gautam Thapar as the chairman of the board with immediate effect,&#8221; CG Power said in a regulatory filing. <\/p>\n<p>CG Power said this decision has been taken in the interests of the company and its stakeholders in discharge of the fiduciary responsibilities of the board.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CG Power &amp; Industrial Solutions on Thursday said its board has sacked Gautam Thapar as its chairman with immediate effect after an investigation that unearthed a multi-crore financial scam in the firm. &#8220;In cognizance of the current situation being faced by the company and the recent developments, including disclosures dated August 19, 2019, made by the company, the board of directors&#8230; passed by majority consent, have resolved to remove Gautam Thapar as the chairman of the board with immediate effect,&#8221; CG Power said in a regulatory filing. CG Power said this decision has been taken in the interests of the [&hellip;]<\/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-289480","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\/289480","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=289480"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289480\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=289480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=289480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=289480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}