Archive · 4 Oct 2025
ALX Shipping Files Complaint Against CEO and Business Associate
ALX Shipping, a part of Allcargo, believes its CEO and a business associate engaged in financial misconduct.
They suspect the individuals attempted to make the company pay money it didn't owe, totaling ₹10 crore.
ALX filed a complaint with the Economic Offences Wing (EOW), the financial crime unit, to investigate.
The company believes unauthorized agreements were signed.
Allcargo stated that the issue doesn't affect its regular operations and is investigating further.
The company also mentions seeking investigation of defamation claims from the business associate.
ALX Shipping filed a complaint with the EOW against its CEO and a business associate.
The complaint alleges financial irregularities and criminal conspiracy.
The alleged acts involve attempts to make ALX liable for ₹10 crore.
Vishal Mehta, the business associate, had previously filed complaints against multiple entities, including ALX.
Allcargo says the situation has no impact on company operations.
- Who
- ALX Shipping Agencies India against its CEO Sandeep Bakshi and Vishal Mehta of Rushabh Sealink.
- What
- ALX filed a complaint with the EOW alleging criminal conspiracy and irregularities.
- When
- Not explicitly stated in the provided text.
- Where
- Mumbai, India
- Why
- ALX alleges attempts to make them liable for ₹10 crore and is investigating the matter.
ALX Shipping's Position
Vishal Mehta's Position
Financial Transactions
ALX Shipping's Position
ALX alleges unauthorized agreements intended to make ALX liable for payments.
Vishal Mehta's Position
Vishal Mehta filed separate complaints against multiple entities, including ALX.
- Company Filing Complaint
- ALX Shipping Agencies India
- Complaint Filed With
- Economic Offences Wing (EOW), Mumbai
- Accused CEO
- Sandeep Bakshi (ALX)
- Accused Customer Promoter
- Vishal Mehta (Rushabh Sealink)
- Alleged Irregularities
- Conspiracy involving ₹10 crore in freight advances
- Legal Action Sought
- Criminal proceedings and investigation
- Parent Company Status
- Allcargo states no impact on operations
