Eraaya begins comprehensive overhaul, suspends Robin Raina

BSE-listed Eraaya Lifespaces has started a broad overhaul and amid this the committee has suspended Robin Raina arsenic the president of Ebix. Raina has besides been suspended arsenic Chairman and Director of New Delhi-based Eraaya.

Eraaya Lifespaces precocious acquired Ebix Inc.

“The committee was informed regarding definite fiscal irregularities committed by Robin Raina pertaining to operations of Ebix, Inc and each its planetary subsidiaries, and arsenic a measurement of bully firm governance practice, the Eraaya committee unanimously decided to initiate probe of the alleged fiscal irregularities, entrusted the task to High Powered Steering Committee,” Eraaya Lifespaces said successful an speech filing.

The institution has besides constituted an Advisory Board composed of manufacture leaders, seasoned professionals and experts.

The members see Karnal Singh, (an Ex-IPS Officer and the erstwhile Director of the Enforcement Directorate); G. N. Bajpai, (a erstwhile Chairman of SEBI), Ashok Kumar Mehta, (a erstwhile IRS Officer and erstwhile PS to the past President of India, a well-known adept successful government-industry collaboration); Dr. Girish Ahuja, (an SRCC &  FMS alumnus, FCA, and distinguished author, an authorization taxation matters).