New Delhi: CBI have filed a FIR against Pranav Gupta And Vineet GuptaIn an alleged bank fraud of Rs 1,626 crore involving his Chandigarh-based pharmaceutical company Parabolic Drugs, the co-founder of Ashoka University.
The case was registered on December 31. Besides the two, 10 others, including the firm, were named as accused in the FIR. The other accused named in the FIR is Deepali Gupta, Rama Gupta, Jagjito Singh Chahal, Sanjeev Kumar, Vandana Singla, Ishrat Gill, JD Gupta and TN Goyal and Nirmal Bansal,
The allegations pertain to defrauding the Central Bank of India and 11 other banks. The agency said the accused allegedly took huge loans and used the money by using forged documents.
The accused have been booked under sections 120-B (criminal conspiracy) and 463 (forgery) of the IPC. The CBI said the raids were conducted after the FIR, during which incriminating documents, articles and cash of around Rs 1.6 crore were found. Sources said the agency may soon initiate steps for arrests in the case. The Ashoka University website shows Vineet as the founder and trustee and Pranav as the co-founder.
The case was registered on December 31. Besides the two, 10 others, including the firm, were named as accused in the FIR. The other accused named in the FIR is Deepali Gupta, Rama Gupta, Jagjito Singh Chahal, Sanjeev Kumar, Vandana Singla, Ishrat Gill, JD Gupta and TN Goyal and Nirmal Bansal,
The allegations pertain to defrauding the Central Bank of India and 11 other banks. The agency said the accused allegedly took huge loans and used the money by using forged documents.
The accused have been booked under sections 120-B (criminal conspiracy) and 463 (forgery) of the IPC. The CBI said the raids were conducted after the FIR, during which incriminating documents, articles and cash of around Rs 1.6 crore were found. Sources said the agency may soon initiate steps for arrests in the case. The Ashoka University website shows Vineet as the founder and trustee and Pranav as the co-founder.
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