Polycab Update: IT dept putting out press release without sending notice, a travesty of justice from procedural perspective: Shriram Subramanium

Shriram Subramanium says: “Ideally the department should first have sent the demand notice and given the opportunity to the company and then put out the press release, if anything. The company has admitted that during December 22nd to 25th, there were raids on its premises across India, on its dealer networks. But the demand itself is not clear to anybody for that matter.”