{"id":291423,"date":"2019-09-13T05:19:31","date_gmt":"2019-09-13T05:19:31","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291423"},"modified":"2019-09-13T05:19:31","modified_gmt":"2019-09-13T05:19:31","slug":"ousted-cg-power-chairman-sends-legal-notice-to-firm","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ousted-cg-power-chairman-sends-legal-notice-to-firm\/","title":{"rendered":"Ousted CG Power chairman sends legal notice to firm"},"content":{"rendered":"<p>MUMBAI : Gautam Thapar, the ousted chairman of CG Power and Industrial Solutions Ltd, has accused the company\u2019s board of making selective disclosures to regulators with regard to instances of alleged financial irregularities.<\/p>\n<p>In a legal notice served to the company on 10 September , which was reviewed by Mint, Thapar has sought from the board minutes and video recordings of meetings and emails between senior management and board members alleging misrepresentation of facts led by the company\u2019s current management which is backed by CG Power\u2019s investors and lenders including private equity giant KKR.<\/p>\n<p>Emailed queries to CG Power and KKR remained unanswered until press time on Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI : Gautam Thapar, the ousted chairman of CG Power and Industrial Solutions Ltd, has accused the company\u2019s board of making selective disclosures to regulators with regard to instances of alleged financial irregularities. In a legal notice served to the company on 10 September , which was reviewed by Mint, Thapar has sought from the board minutes and video recordings of meetings and emails between senior management and board members alleging misrepresentation of facts led by the company\u2019s current management which is backed by CG Power\u2019s investors and lenders including private equity giant KKR. Emailed queries to CG Power and [&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-291423","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\/291423","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=291423"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291423\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}