Bombay HC reprieve for Raymond boss in cheating case filed in Lucknow

MUMBAI: In a reprieve for Gautam Singhania, controlling director of Raymond Constrained, and five many others, the Bombay substantial courtroom (HC) on Tuesday stayed investigation and restrained any coercive techniques against them in a scenario registered against them in Lucknow, Uttar Pradesh (UP), for allegedly cheating a proposed franchisee.

4 workforce of Raymond Ltd, a community confined business, its previous chief government officer Sanjay Behl and Singhania petitioned the HC to quash the FIR in UP which they submitted was “fake and frivolous”. Their option plea was to transfer investigation to the Thane police commissioner in Maharashtra as “no result in of motion has arisen” in UP.

The transaction of a proposed appointment of a franchisee of the business in Lucknow was terminated last September, said their petition argued by counsel Shyam Dewani. It said the FIR was registered against them and 4 many others, more than six months afterwards

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