https://www.taxtmi.com/news?id=56126 Allegations describe an asserted conspiracy where approvals for investments in non-convertible debentures and commercial papers were made despite adverse credit warnings, funds invested in group companies were siphoned through multiple entities, and concessional credit facilities were extended to family-controlled firms as quid pro quo, resulting in wrongful loss to the lender and unlawful gain to group and family-controlled companies under charges framed under the Prevention of Corruption Act and the Indian Penal Code. en-us Thu, 18 Sep 2025 20:01:03 +0530 Thu, 18 Sep 2025 20:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=56126 Allegations describe an asserted conspiracy where approvals for investments in non-convertible debentures and commercial papers were made despite adverse credit warnings, funds invested in group companies were siphoned through multiple entities, and concessional credit facilities were extended to family-controlled firms as quid pro quo, resulting in wrongful loss to the lender and unlawful gain to group and family-controlled companies under charges framed under the Prevention of Corruption Act and the Indian Penal Code. News - Thu, 18 Sep 2025 20:01:03 +0530 https://www.taxtmi.com/news?id=56126