Moser Baer controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2019
Bank accounts classified as fraudulent
The Central Bank of India declared Moser Baer's accounts fraudulent in April 2019.
2019
Criminal investigation and arrest of former executive
A first information report was filed against the company in August 2019. Ratul Puri, a former executive director, was arrested in a bank-fraud case, while allegations were also brought against Deepak Puri and other directors.
2018
Forensic audit identifies financial irregularities
A forensic audit of Moser Baer's finances reported irregularities after the company was ordered liquidated.