Bhubaneswar: The son of a sitting MLA on Friday lodged a complaint with Khandagiri police against the CMD of a State-based aviation company over a financial dispute.
While no FIR has been registered in this connection, Khandagiri IIC Sarat Sahu said since it was a civil dispute, police would first hear both parties before initiating action.
Sources said the legislator’s son had paid `80 lakh for 40 per cent shares in the company in January 2015. Later, when he wanted the money back, the company’s CMD started avoiding him.
While the complainant claimed to have received some part of his investment in cash, a cheque for the rest amount which was given to him by the CMD was turned down by the bank, stating that the signatory was not authorised to issue cheques on behalf of the company.
26/03/16 Indian Express
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While no FIR has been registered in this connection, Khandagiri IIC Sarat Sahu said since it was a civil dispute, police would first hear both parties before initiating action.
Sources said the legislator’s son had paid `80 lakh for 40 per cent shares in the company in January 2015. Later, when he wanted the money back, the company’s CMD started avoiding him.
While the complainant claimed to have received some part of his investment in cash, a cheque for the rest amount which was given to him by the CMD was turned down by the bank, stating that the signatory was not authorised to issue cheques on behalf of the company.
26/03/16 Indian Express
