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| Crime Branch summon Stock Broker | | | Early Times Report
Jammu May 13
Responding to the application filed before Chief Judicial Magistrate Jammu in case FIR No. 26/2008, the Court has issued summons to Anand Rathi, Chairman of M/S Anand Rathi Share and Stock Broker Ltd. The court has directed to the accused to appear before investigation agency on 26.05.2009 along with requisite record.
Official spokesperson said that a case was registered in Crime Branch Jammu on 13.09.2008 against the Regional Head and other officials of M/S Anand Rathi Securities Private Ltd. Jammu on the basis of complaint which was filed by Mrs. Babita Blair Singh w/o Sh. Ashok Kumar wherein she has alleged to have been cheated/ duped of Rs.18.50 lakh which she had deposited in the said company for trading.
During the investigations it was revealed that before the complainant could have utilized her money for trading, the company officials have invested her amount on their own without her consent into the share market. ‘Due to this unauthorized trading in the account of the complainant by the Regional head and other officials of the company, the complainant was deprived of her hard earned money, the official spokesperson said.
It is to mention that Crime Branch has earlier summoned the Chairman of the company regarding the FIR No 26/ 2008, registered u/s 420 of RPC in P/S Crime Branch, Jammu.
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