Romit Dey joined Shriram Subramanian of InGovern on RizingTV’s Private Eye to discuss the ongoing Gensol–BluSmart controversy. The discussion dives into critical questions: Is this a case of poor corporate governance, or does it point to something more deliberate? Are retail investors being left to shoulder the consequences of mismanagement? And are current penalties truly sufficient to deter misconduct when the stakes are this high?
Romit underscored the importance of transparency, promoter integrity, and long-term vision in business building. He also emphasized that this should not affect the start-up scene in India, and there are many founders in India who will continue to introduce life changing services and products.
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