Indian Accounting Research Analyst, Trudence Capital Advisors

Nitin Mangal

Indian Accounting Research Analyst

Forensic Accounting

Power Mech Projects Ltd / Forensic Accounting

<p>With government organisations as your dominant customers do not mean giving a go bye to the basics of corporate governance and accounting practices. And, if you do it then you do it at your own peril. One never knows what kind of price one has to pay for in case of issues related to such customers. <a href="https://www.smartkarma.com/entities/power-mech-projects-ltd" target="_blank" data-smartkarma-citation="entities:28147:1">Power Mech Projects Ltd (POWM IN)</a> (PMPL) management, however, to say the least, seems callous on this front. An analysis of the company reveals scant regard of corporate governance, questionable business methods and accounting jugglery to hide the skeletons.</p>

With government organisations as your dominant customers do not mean giving a go bye to the basics of corporate governance and accounting practices. And, if you do it then you do it at your own peril. One never knows what kind of price one has to pay for in case of issues related to such customers. Power Mech Projects Ltd (POWM IN) (PMPL) management, however, to say the least, seems callous on this front. An analysis of the company reveals scant regard of corporate governance, questionable business methods and accounting jugglery to hide the skeletons.

Power Mech Projects Limited: Asleep on the Job

India

Power Mech Projects Limited operates as an integrated power infrastructure services company. The Company provides comprehensive erection, testing and commissioning of boilers, turbines and generators, civil works and operation, and maintenance services. Power Mech Projects serves customers  worldwide.

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Power Mech Projects Limited: Asleep on the Job

With government organisations as your dominant customers do not mean giving a go bye to the basics of corporate governance and accounting...

Nitin Mangal