The Central Bureau of Investigation (CBI) has filed a case against Unity Infra Projects Limited for alleged bank fraud. The investigative agency has filed charges against the company’s promoters Kishor Krishn Avarsekar, Abhijeet Kishor Avarsekar, Ashish Avarsekar (Executive Director), and several other officials.
Also Read: Ongoing Kashmir Encounter On Day 4: Intense Gunfight Persists Amidst Challenging Terrain
The investigation agency has registered this case in connection with an alleged fraud of Rs 3,847 crore with a consortium of 16 banks. The agency had been keeping a close watch on these promoters for a long time. After filing the case against the company, the investigative agency will further proceed with its actions.
Also Read: Viral Video: Uttar Pradesh Official Removed After Allegations Of Humiliation In Office
In this case, on August 17, 2023, Rajnikant Thakur, DGM (Mumbai) of the State Bank of India, had lodged a written complaint against Unity Infra Projects, its directors, and promoters, accusing them of a Rs 3,847 crore fraud.
This handover marks a vital step in India's ongoing Cultural Property Efforts to reclaim its…
Members countries of Quad has appreciated India's stance and its leadership in Indian Ocean region…
The Prime Minister plans to hold bilateral discussions with President Biden, Australian PM Anthony Albanese,…
The petitioners claim they have operated in the market for years and faced demolition of…
In inaugural episode of Bharat Express's Startup Express show we highlight Vindhya Mehrotra from Prayagraj,…
The court emphasized that misuse of the law undermines public trust in the justice system.…