{"id":516132,"date":"2022-08-23T11:05:53","date_gmt":"2022-08-23T05:35:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=516132"},"modified":"2022-08-23T11:05:53","modified_gmt":"2022-08-23T05:35:53","slug":"resolution-pro-suspended-over-related-party-deals","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/resolution-pro-suspended-over-related-party-deals\/","title":{"rendered":"Resolution pro suspended over &#8216;related-party deals&#8217;"},"content":{"rendered":"<p>The Insolvency and Bankruptcy Board of India (IBBI) on Monday suspended the registration of Savan Godiawala as a resolution professional for three years for alleged related party transactions.<\/p>\n<p>Godiawala, resolution professional (RP) for Lanco Infratech Ltd NSE -0.87 %, allegedly made a &#8220;wrongful withdrawal&#8221; of fees and hired related parties without proper identification of the scope of work, the order said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Insolvency and Bankruptcy Board of India (IBBI) on Monday suspended the registration of Savan Godiawala as a resolution professional for three years for alleged related party transactions. Godiawala, resolution professional (RP) for Lanco Infratech Ltd NSE -0.87 %, allegedly made a &#8220;wrongful withdrawal&#8221; of fees and hired related parties without proper identification of the scope of work, the order said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-516132","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516132","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=516132"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516132\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=516132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=516132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=516132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}