13 hrs ago
Mumbai EOW Registers Forgery Case Against Businessman, Four Others
Mumbai Police’s Economic Offences Wing has opened a case against businessman Sudhir Walia and four others.
The complaint was filed by Vijaykumar Mohanlal Parekh.
It concerns companies connected with the Parekh and Walia groups.
The complaint says a company joined a business consortium without proper permission.
It also says some corporate documents may have been forged.
Another allegation concerns the transfer of shares worth about Rs 125 crore.
Investigators are checking the documents, digital signatures and money trail.
No one has been arrested so far.
Mumbai’s Economic Offences Wing registered an FIR against businessman Sudhir Walia and four others.
The complaint alleges forgery, misuse of corporate documents, cheating, criminal conspiracy and unauthorized financial liabilities.
The case concerns Suraksha Realty Ltd, Lakshdeep companies and the Jaypee Infratech resolution process.
The complainant alleges a fabricated board resolution was used in proceedings before the Delhi High Court.
The EOW is examining disputed documents, digital signatures and financial transactions; no arrests have been made.
- Who
- The Economic Offences Wing of Mumbai Police registered a case against Sudhir Walia, Khyati Walia, Ramesh Madanlal Jain, Lakshdeep Investments and Finance Private Limited, and Lakshdeep Infrastructure and Holdings Private Limited, following a complaint by Vijaykumar Mohanlal Parekh.
- What
- An FIR was registered over alleged cheating, forgery, criminal conspiracy, misuse of corporate documents and unauthorized financial liabilities.
- Where
- The case was registered in Mumbai and concerns proceedings before the Delhi High Court, the National Company Law Tribunal in Delhi and the National Company Law Appellate Tribunal.
- When
- The FIR was registered on September 9; the alleged share transfer occurred in 2024, while the consortium agreement was signed in February 2019.
- Why
- The complaint alleges that a consortium was formed without authorization, a board resolution was fabricated, and approximately 12.5 crore Jaypee Infratech shares were transferred without approval.
Key facts
- Investigating agency
- Economic Offences Wing, Mumbai Police
- FIR date
- September 9
- Complainant
- Vijaykumar Mohanlal Parekh
- Main accused named
- Sudhir Walia and four others
- Shares allegedly transferred
- Approximately 12.5 crore Jaypee Infratech shares
- Aggregate face value
- Rs 125 crore
- Arrests
- None reported so far
Sources
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