In fact, Sandeep Khurana, director of this Pune-based company, handed over a total of 65 pages of resignation to the company. In this resignation of 65 pages, 25 pages have reasons for resignation.
Till date, you must have heard about more than one resignation, but have you ever heard about the resignation of 65 pages, that too of a director of a company. Yes, something similar happened with BSE listed company Modulex Construction. In fact, the director of this company handed over not one or two but 65 pages of resignation to the company. After the resignation of the director, the company suffered a loss of Rs 100 crore. Let us know how this whole incident happened.
In fact, Sandeep Khurana, director of this Pune-based company, handed over a total of 65 pages of resignation to the company. In this resignation of 65 pages, 25 pages have reasons for resignation. In the remaining 40 pages, by attaching an annexure, the director has accused the company of various irregularities and has also given proofs.
These allegations against the company
The director of this company has raised questions on the corporate governance of the company while sending his resignation to the board. On this resignation sent by the director, the company has also issued a reply of 27 pages. Actually this resignation is the most unique resignation till date in corporate governance. In fact, through this resignation, this director has raised many such questions on the company in 65 pages regarding the violation of the company’s policy and rules on the company.
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The tenure was to end 2 days ago
Actually, this director was associated with this company for many years and the special thing is that his tenure was about to end after two days. But just two days ago the director has surprised everyone by resigning. On the other hand, the company says that by making his resignation a weapon, he is harming the interests of the company. The matter came to light when his resignation was uploaded on the website of the exchange. When the exchange sought clarification on this, the company gave its reply in 27 pages.
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This is how a loss of 100 crores happened
This director named Sandeep Khurana resigned and his resignation was uploaded on the exchange. Since then the shares of the company started falling heavily and in no time the company lost Rs 100 crore. In his allegation, Sandeep Khulana accused the company’s policy as well as the company that the staff here are not treated well.
