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HC gives relief to builder Niranjan Hiranandani in PF case

Press Trust of India  |  Mumbai 

The today quashed a CBI charge-sheet against in a case related to alleged non-depositing of provident fund (PF) dues of his employees.

Hiranandani, 61, approached the HC earlier this year and sought quashing of the charge-sheet filed in September 2010 by the for allegedly not depositing PF dues of over Rs 9 crore of the employees of his group.

A division bench headed by V K Tahilramani today set aside the charge-sheet.

The court said that a prior enquiry contemplated under section 7A of the Provident Fund Act was not conducted, hence further prosecution was illegal.

The CBI had charged with criminal conspiracy and cheating under the provisions of IPC and the Prevention of Corruption Act.

According to the CBI, Group didn't deposit provident fund of its employees with the PF authority between 2003 and 2006.

The non-payment, as per a report submitted by the during its departmental enquiry, was to the tune of Rs 9.36 crore.

Apart from Hiranandani, two employees of the group and four EPFO officials were named as accused in the case.

Hiranandani, in his petition, had argued that he could not be held responsible vicariously merely because he is a

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 11 2018. 19:25 IST
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