Delhi court orders FIR against firm for forging signature | Latest News Delhi
New Delhi, A court has directed Delhi Police to file an FIR against a finance company and its promoter for allegedly forging the signature of a person who had passed away to transfer company’s equity shares. Delhi court orders FIR against firm for forging signature Judicial magistrate Ravi ordered the FIR on a complaint filed by Tript Singh, a shareholder in Genesis Finance Company Limited, alleging financial misconduct by the company, its promoter and managing director Naresh Garg, Gopal Bisht and other officials of the company including the family members of the promoter of the company. The complaint accused the directors of forging the signature of one Banwari Lal Saboo, who had died, to illegally transfer equity shares, calling it a “serious economic offence”. The judge underlined the need to order an investigation into the “forged” securities transfer form. “Given that Banwari Lal Saboo passed away on April 7, 2016, it’s crucial to investigate who signed the securities transfer form on May 3, 2016. The alleged forged document, i.e., the security transfer form could be …

