• India CSR Awards 2025
  • Guest Posts
Tuesday, June 3, 2025
  • Login
India CSR
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
India CSR
No Result
View All Result
Home Corporate Governance

The Consequences of Corporate Greed: CBI Files Chargesheet in Bank Fraud Case Involving Gautam Thapar and CG Power

Legal Action Taken Againstainst Businessman and Firm in Connection with Alleged Bank Fraud

India CSR by India CSR
in Corporate Governance
Reading Time: 2 mins read
The Consequences of Corporate Greed: CBI Files Chargesheet in Bank Fraud Case Involving Gautam Thapar and CG Power
0
VIEWS
Share Share Share Share

This case highlights the potential consequences of corporate wrongdoing and the efforts being made to hold those responsible accountable for their actions.


Case Background

The CBI has filed a chargesheet against a businessman, Gautam Thapar, and his firm, CG Power and Industrial Solutions, as well as other officials, in an ongoing investigation of an alleged bank fraud of Rs 2,435 crore. The chargesheet was filed before the Rouse Avenue court in Delhi.

FIR Filed

The CBI had filed an FIR in this connection on June 22, 2021. This was the second case registered against Thapar by the CBI within a month.

Named Parties

In addition to Thapar, the following individuals were named in the FIR: K N Neelkanth, the then CEO & MD of CG Power, Madhav Acharya, former ED & CFO, former director B Hariharan, Omkar Goswami, former non-executive director, and former CFO Venkatesh Rammoorthy.

Current Charges

The chargesheet filed on Wednesday names Thapar, Hariharan, and a chartered accountant named Rutul Shah. Shah’s alleged role came to light after the registration of the FIR. It is alleged that the accused cheated a consortium of 13 banks, led by the State Bank of India, resulting in a loss of Rs. 2,435 crore.

India CSR
ADVERTISEMENT

Outcomes

It is important for individuals and organizations to uphold ethical standards and act in the best interests of all stakeholders, rather than engaging in fraudulent behavior that can harm both the financial sector and society as a whole.


India CSR offers strategic corporate outreach opportunities to amplify your brand’s CSR, Sustainability, and ESG success stories.

📩 Contact us at: biz@indiacsr.in

Let’s collaborate to amplify your brand’s impact in the CSR and ESG ecosystem.

Tags: Bank FraudGautam Thapar
India CSR

India CSR

India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

Related Posts

Corporate Governance: SEBI Chairman’s Landmark Address at CII Summit
Corporate Governance

Corporate Governance: SEBI Chairman’s Landmark Address at CII Summit

2 months ago
0
Mehul Choksi Arrest in Biggest Banking Scam: 7 Must-Know Facts for CEOs and Directors
Corporate Governance

Mehul Choksi Arrest in Biggest Banking Scam: 7 Must-Know Facts for CEOs and Directors

2 months ago
0
Paytm Faces Rs 611 Crore FEMA Violation Notice from ED
Corporate Governance

Paytm Faces Rs 611 Crore FEMA Violation Notice from ED

3 months ago
0
PM Internship Scheme: Large Companies Join to Empower Youth
Corporate Governance

PM Internship Scheme: Large Companies Join to Empower Youth

8 months ago
0
Anil Ambani, Others Fined Rs 624 Cr by SEBI: 10 Key Lessons for Business Leaders
Corporate Governance

Anil Ambani, Others Fined Rs 624 Cr by SEBI: 10 Key Lessons for Business Leaders

9 months ago
0
Ex-RBI Governor Urjit Patel to Rejoin Britannia Board as Independent Director
Corporate Governance

Ex-RBI Governor Urjit Patel to Rejoin Britannia Board as Independent Director

11 months ago
0
Nisaba Godrej: Leadership Accountability and Succession Planning at the Forefront
Corporate Governance

Nisaba Godrej: Leadership Accountability and Succession Planning at the Forefront

12 months ago
0
NMDC’s Sustainability Commitment on World Environment Day 2024
Corporate Governance

NMDC’s Sustainability Commitment on World Environment Day 2024

12 months ago
0
Infosys CEO Salil Parekh: The Second Highest-Paid CEO in the Indian IT Industry
Corporate Governance

Infosys CEO Salil Parekh: The Second Highest-Paid CEO in the Indian IT Industry

12 months ago
0
Load More
Next Post
Jindal Stainless Names Sushil Baveja as Chief Human Resources Officer

Jindal Stainless Names Sushil Baveja as Chief Human Resources Officer

CSR: Allstate India Harvests Over 27 Million Litres of Water for Local Communities

CSR: Allstate India Harvests Over 27 Million Litres of Water for Local Communities

India CSR Awards India CSR Awards India CSR Awards
ADVERTISEMENT

LATEST NEWS

Rallis India Spent Rs 5.21 Crore on CSR in FY25

Zinc Football Academy Crowned Rajasthan Champions, Qualifies for I-League 3

ज़िंक फुटबॉल अकादमी बनी राजस्थान चैंपियन, आई-लीग 3 में बनाई जगह

Ravin Group Leads Global Sustainability Drive for World Environment Day 2025

Delta Inks Renewable Energy Deal to Drive Net-Zero Goals

Saraf Furniture to Hire 500+ LGBTQ+ Employees During Pride Month

HZL HZL HZL
ADVERTISEMENT

TOP NEWS

No Content Available
Load More

Advertisement

Image Slider
content writing services Guest Post Top 5 Reasons to have Sponsored Posts at India CSR – India’s Largest CSR Media stem learning R2V2 Technologies Private Limited

Interviews

Driving Sustainable Impact: An Interview with Himanshu Nivsarkar, Kotak Mahindra Bank
Interviews

Driving Sustainable Impact: An Interview with Himanshu Nivsarkar, Kotak Mahindra Bank

by India CSR
May 22, 2025
0

By Rusen Kumar NEW DELHI (India CSR): Himanshu Nivsarkar, Senior Executive Vice President and Head of CSR & ESG at Kotak...

Read moreDetails
Empowering Women Drivers: An Interview with Balamurugan Thevar, CSR Head at Shriram Finance

Empowering Women Drivers: An Interview with Balamurugan Thevar, CSR Head at Shriram Finance

May 20, 2025
0
Empowering Rural Craft Entrepreneurs: An Interview with N E Sridhar, Titan Company

Empowering Rural Craft Entrepreneurs: An Interview with N E Sridhar, Titan Company

May 15, 2025
0
Empowering Young Innovators Across India: An Interview with Geetaj Channana, the Head of Corporate Strategy at Vivo India

Empowering Young Innovators Across India: An Interview with Geetaj Channana, the Head of Corporate Strategy at Vivo India

April 25, 2025
0
Load More
Facebook Twitter Youtube LinkedIn Instagram
India CSR Logo

India CSR is the largest tech-led platform for information on CSR and sustainability in India offering diverse content across multisectoral issues. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting. To enjoy the premium services, we invite you to partner with us.

Follow us on social media:


Dear Valued Reader

India CSR is a free media platform that provides up-to-date information on CSR, Sustainability, ESG, and SDGs. They need reader support to continue delivering honest news. Donations of any amount are appreciated.

Help save India CSR.

Donate Now

donate at indiacsr

  • About India CSR
  • Team
  • India CSR Awards 2025
  • Partnership
  • Guest Posts
  • Services
  • Content Writing Services
  • Business Information
  • Contact
  • Privacy Policy
  • Terms of Use
  • Donate

Copyright © 2024 - India CSR | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers

Copyright © 2024 - India CSR | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.