Behind The Numbers: Unmasking Frauds & Finding Real Growth (Video)

Despite the tightening of legal and regulatory obligations and the implementation of a robust corporate governance framework, corporate frauds continue to occur. These incidents tarnish the country's image and business environment, while also leading to serious consequences for stakeholders, employees, investors, creditors, vendors, and society at large.

A recent forensic investigation ordered by SEBI into Gensol Engineering Limited has sparked a major debate within India's financial and auditing community. The case, which revolves around alleged fund diversion, misuse of related party transaction and financial misreporting by Gensol's promoters, is being closely monitored as a test of accountability for both corporate management and statutory auditors.