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Cox and Kings - Looks a great turn around

Stock Opportunities Not-so-Hidden Gems

Pankaj_Dharamshi April 24, 2020, 2:09am 46

Corporate Fraud/Misdemeanor - Public Domain - India lessons Lessons from Mr Market

Cox & Kings is presently going through corporate insolvency process. Suspecting fraud, lenders to Cox & Kings, had initiated a forensic investigation into the matter and the role, if any, of senior executives and the Indian promoters. The Ministry of Corporate Affairs (MCA) has also ordered Serious Fraud Investigation Office probe in travel firm Cox & Kings after it uncovered prima facie evidence of siphoning of money It is alleged that Cox & King has done Transactions worth Rs. 21,000 crores…

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