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How Educomp misled investors with inflated profits

According to a Sebi investigation, it involved hiding its losses in a subsidiary

Shantanu prakashJagdish prakashEdu smart services pvt ltdEducomp solutionsCompanies actEdu smart services pvtCorporate debtSecurities and exchange board of india sebiApital markets fraud

Educomp directors fined Rs 1 crore each, banned from market for 3-5 years for misleading investors

According to the Sebi order, ESL’s inflated figures came to light after it declared Edu Smart Services (ESSPL) as its subsidiary

Shantanu prakashJagdish prakashPrincipal bench of national company law tribunalExchange board of india sebiEdu smart servicesExchange boardCorporate insolvency resolution processPrincipal benchNational company law tribunalCompany actCorporate debt restructuringSecurities and exchange board of india sebiApital markets fraud

How a company s lackadaisical , illegal manner lost 80 percent of funds raised through preferential issue

A Sebi investigation detailed how the money was used against the stated objective

Brij kishore sabharwalHimanshu agarwalChander bhusanExchange board of india sebiAlps motor financeExchange boardDream proconSecurities and exchange board of india sebiApital markets fraudShareholder rightsCorporate governance

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