https://www.taxtmi.com/news?id=40237 Alleged diversion of institutional funds in 2022 led to the arrest of the institution's secretary, which the parent body says lacked malafide intent and was authorised by a board resolution transferring corpus funds for a planned second campus on society-owned land under a conditional allotment. The parent body alleges procedural irregularities in the complaint registration and arrest, notes that trustee and auditor statements are being recorded in the ongoing investigation, and plans an internal trustees' meeting to determine further action while restraining public comment pending the probe. en-us Wed, 09 Apr 2025 00:01:04 +0530 Wed, 09 Apr 2025 00:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40237 Alleged diversion of institutional funds in 2022 led to the arrest of the institution's secretary, which the parent body says lacked malafide intent and was authorised by a board resolution transferring corpus funds for a planned second campus on society-owned land under a conditional allotment. The parent body alleges procedural irregularities in the complaint registration and arrest, notes that trustee and auditor statements are being recorded in the ongoing investigation, and plans an internal trustees' meeting to determine further action while restraining public comment pending the probe. News - Wed, 09 Apr 2025 00:01:04 +0530 https://www.taxtmi.com/news?id=40237