Manpasand Beverages GST fraud case: After arrests and resignations only 4 executives remain on the board
Updated : May 27, 2019 03:30 PM IST
Manpasand Beverages' managing director, Abhishek Singh, his brother Harshvardhan Singh, and chief financial officer Paresh Thakkar were arrested by GST officials on fraud charges.
The firm saw the resignation of three executives in the following three days after arrest.
Dhirendra Singh, Chirag Doshi, Bharti Naik, and Milind Babar are the only board members left now, leaving the management of the firm on shaky ground.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more