Dharan Infra-EPC Ltd, undergoing insolvency, faces SEBI scrutiny. Suspended management and auditor are not providing requested information, complicating the investigation.
Dharan Infra-EPC Ltd is currently operating under Corporate Insolvency Resolution Process (CIRP).
Dharan Infra-EPC Ltd faces a significant regulatory hurdle as the Securities and Exchange Board of India (SEBI) investigates. The company’s Interim Resolution Professional (IRP) has reported that the suspended directors, key managerial personnel (KMP), and the statutory auditor have failed to provide crucial information, records, and data requested by SEBI. These parties have reportedly not complied despite multiple summons and reminders from the regulator.