Grey areas of using corporate funds for personal luxury

Perquisites and Personal Luxury using Corporate funds.pdf

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Our Founder and MD, Mr. Shriram Subramanian, has written an article in The New Indian Express. The article highlights how some promoters and executives exploit grey areas in executive compensation and perks, blurring the line between legitimate business expenses and personal indulgence. He also highlighted the case of Gensol Engineering, where the SEBI investigation showed that a lot of this money was used for personal luxuries by the promoters.

Read the full article here: https://www.newindianexpress.com/business/2025/Apr/19/grey-areas-of-using-corporate-funds-for-personal-luxury