news details |
|
|
| Crime Branch presented Challan against Finance Company cheated investors worth Crores of Rupees | | |
Jammu, September, 29:- Crime Branch today presented Challan against Managing Directors and others of finance company namely Endowments Investment India Ltd, who cheated the innocent investors worth crores of rupees in the Court of Chief Judicial Magistrate Jammu.
According to the Challan one Poonam Kumari Assistant Branch Manager (field) of the finance Company lodged a complaint in which she stated that since July 1996 working as agent in Endowment Plantation Limited. In the meantime the company changes its name as Endowments Investment India Ltd and after few months the company again its name as Ocean Agro Forms Ltd. In this duration the complainant got invested nearly Rs one crore from almost thousand investors from Jammu district. According to the complainant she was working with MD namely Bashir Ahmed Manhas of the company, according to the complainant the functioning of the company remain fair up to June 2000, so the investors have been cooperating in this field. For the last more than one year the MD of the company has been cheating and dishonestly as he is not paying the payment to the investors on their maturity dates and prayed for the legal action against the MD and others.
Crime Branch registered a case u/s 420/406/120-B/201 RPC against the accused persons namely Parbakaran, Virinder Kumar Kansal, Jarnail Singh Bashir Ahmed Manhas, Satish Kumar Kapoor and after completion of the investigation Challan was presented in the Court of CJM Jammu, Chief Judicial Magistrate Jammu Mr. Sanjay Dhar directed the Crime Branch to lead the evidence on the next date of hearing. |
|
|
|
|
|
|
|
|
|
|
|
|
| |
| |
|
|
|
|
 |
|
|
