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India

CBI Court convicts and sentences two Pvt companies and six individuals in Bank fraud cases of Rs. 152 cr

New Delhi, Jan 15 (UNI) A Special CBI Court in Panchkula awarded jail terms to six persons in connection with a Rs 152 crore bank fraud case. Two private firms SRS Real Infrastructure Ltd. and SRS Real Estate Ltd were also held guilty by the court.

Central India's Premier English Daily

Central India's Premier English Daily

Credit: Centralchronicle

Key Highlights

  • The court while awarding the jail terms to Rajesh Singla, Anil Jindal, Bishan Bansal, Nanak Chand Tayal, Seema Narang and Dheeraj Gupta imposed a fine of Rs 50,000 each on the private firms.
  • “The accused private persons Rajesh Singla and Anil Jindal have been sentenced to Rigorous Imprisonment (RI) for Five Years with a Fine of Rs.
  • 1.2 Lakh each; Bishan Bansal and Nanak Chand Tayal have been sentenced to Rigorous Imprisonment (RI) for Five Years with a Fine of Rs.
  • 80,000 each; Seema Narang and Dheeraj Gupta have been sentenced to Rigorous Imprisonment (RI) for Four Years with a fine of Rs.40,000 each,” said a senior CBI officer.
  • The Central Bureau of Investigation (CBI) registered the case in 2020 on the complaint of Canara Bank, Circle office, Karnal, Haryana.
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Sources

  1. CBI Court convicts and sentences two Pvt companies and six individuals in Bank fraud cases of Rs. 152 cr

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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CBI Court convicts and sentences two Pvt companies and six individuals in Bank fraud cases of Rs. 152 cr - Indian Clarity - Indian Clarity