Relief not granted to PVR from Punjab & Haryana High Court

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  • FIR was registered against Limited, Ajay Bijli, Sanjeev Kumar Bijli, Niharika Bijli and ’s Directors for cheating and forgery U/s 420, 406 and 120B

On the Directions of Court, the Gurugram Police had earlier registered a criminal case under section 420, 406, 120B-IPC and other sections against  Ajay Bijli his brother Sanjeev Kumar Bijli daughter Ms. Niharika Bijli along with Limited and Eight persons including Ms. Renuka Ramnath, Mr. Amit Burman, Mr. Vikram Bakshi and others. The FIR got registered for their alleged involvements in fraudulently inflating the share prices and selling the same for an exorbitant price of 820 crores.

The FIR which was lodged at the Sushant Lok I Police Station, Gurgaon alleges that the above named accused in connivance with each other had fraudulently planned and sold stocks at the high price and dumped lots of builders.

Nw that the FIR has been lodged, the police are investigating the matter and looking deeply for evidence of frauds done by Ajay, Sanjeev, Niharika Bijli and others involved in the matter.