Former Provogue director alleges ₹90-crore fraud during insolvency as police and EOW begin probe | Representational Image
Mumbai, Nov 19: A complaint has been filed by Nikhil Chaturvedi, former Director of Provogue India Ltd., alleging a massive financial fraud during the company’s insolvency and liquidation proceedings during 25 September 2018 to 25 April 2023.
FIR Registered Against Five Accused
As per Complaint, Amboli Police have been registered an FIR against Amit Gupta, Samir Khandelwal, Rakesh Rawat, Arpit Khandelwal and Plutus Investment and Holding Pvt. Ltd. Under various sections of IPC.
Allegation of Undervaluation and Loss to Company
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