Question : PTC India on January announced it has set up an internal committee to look into the governance issues in __ as alleged by the NBFC’s outgoing independent directors.
a. PTC Financial Services
b. PTC Logistic Services
c. PTC Consultency Services
d. None of the above
Ans.a.
Related facts —
- PTC India on January announced it has set up an internal committee to look into the governance issues in PTC Financial Services as alleged by the NBFC’s outgoing independent directors.
- For an issue pertaining to the appointment of a whole time director in PFS, PTC constituted a third party inquiry, which has submitted its report recently.
- There are six issues raised by independent directors.
- For the first issue pertaining to the appointment of a whole time director, PTC India has constituted a third party inquiry.
By – Pankaj Pnadey