Supreme Court reinstates criminal proceedings against former Daechang Seat Automotive CFO in financial fraud case
The Supreme Court has reinstated criminal proceedings against a former Chief Financial Officer of Daechang Seat Automotive, a company supplying seat frames for KIA cars, in connection with an alleged financial fraud to the tune of Rs 10 crore. The Bench of Justice Sanjay Karol and Justice Ahsanuddin Amanullah held on April 8 that the…