{"id":289484,"date":"2019-08-30T05:18:07","date_gmt":"2019-08-30T05:18:07","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=289484"},"modified":"2019-08-30T05:18:07","modified_gmt":"2019-08-30T05:18:07","slug":"cg-power-board-sacks-gautam-thapar-as-chairman-with-immediate-effect","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cg-power-board-sacks-gautam-thapar-as-chairman-with-immediate-effect\/","title":{"rendered":"CG Power board sacks Gautam Thapar as chairman with immediate effect"},"content":{"rendered":"<p>New Delhi: CG Power &amp; Industrial Solutions on Thursday said its board has sacked Gautam Thapar as its chairman with immediate effect after an investigation 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 the decision was 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>New Delhi: CG Power &amp; Industrial Solutions on Thursday said its board has sacked Gautam Thapar as its chairman with immediate effect after an investigation 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 the decision was taken in the interests of the [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-289484","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289484","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=289484"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289484\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=289484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=289484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=289484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}