Ajay Singhwas, SpiceJet chairman and managing director charged for allegedly duping a businessman of crores of shares, said Gurugram Police on Monday.
A consultant in the aviation sector, Amit Arora, claimed that Singh had provide a fake depository instruction slip (DIS) of shares worth Rs 10 lakh for services provided to him. He mentioned that SpiceJet chairman had promised him to transfer 10,00,000 Spicejet shares for his services. Arora claimed that Singh had not only frauded him but others also in a similar manner when he took over the airlines from the promoters.
Arora said in his complaint, “Ajay Singh provided a depository instruction slip which, later turned out to be invalid and outdated. Thereafter, I approached him multiple times and requested him to either provide valid depository instruction slip or transfer shares directly. However, on one pretext or the other, he refused to transfer me the shares.” On that note Arora added, “I had no option left but to press charges against Singh.”
The Gurugram Police registered the case against SpiceJet managing director under sections 406 (criminal breach of trust), 409 (criminal breach of trust by public servant, or by banker, merchant or agent), 415 (deception), 417 (cheating) 420 (cheating and dishonestly inducing delivery of property) of the Indian Penal Code at the Sushant Lok police station.
An FIR has been registered and we are verifying the facts and action will be taken as per the law,” said inspector Poonam Hooda, Station House Officer (SHO) of Sushant Lok police station.
SpiceJet spokesperson said, “A frivolous, mischievous and completely bogus complaint has been filed by a liquor dealer Amit Arora with the Gurgaon police with an intention to hurt SpiceJet and Mr Ajay Singh’s image. At no point in time was any service sought from him nor did he ever provide any kind of service to SpiceJet. Neither Mr Singh nor any concerned person from SpiceJet has ever met the complainant for any work nor is there any written agreement between them. We are confident that the police investigation will prove the same and the FIR will be quashed. A defamation suit will be filed against the complainant by SpiceJet and Mr Singh.”
