10. The mismanagement of the company coupled with several horror stories of siphoning the fund by the management of the said company became the headline news of the Indian newspapers and all the related facts came into open. Consequently, the company lost its goodwill and image in the market and chances of revival and survival was only reduced to an impractical dream. In the view of the above, the entire board was replaced by a new set of directors who were professionally capable, energetic, hard task masters and quite ethical in their business focus. Sitangshu Khatua
