Key Takeaways
On Monday, May 12, Anmol Singh Jaggi and his brother Puneet Singh Jaggi stepped down from their respective roles at Gensol Engineering, the renewable energy company they co-founded in 2012.
With Gensol now engulfed in allegations of fraud and corporate misgovernance after a damning report from the Securities and Exchange Board of India exposed a web of financial irregularities inside the company, their resignations were an inevitability.
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