HC seeks police report on cheating case against Mehul Choksi

The Gujarat High Court today directed the police to submit before it the probe report in a cheating case lodged in April 2017 against Gitanjali Gems promoter Mehul Choksi.
Gitanjali Gems is a sister concern of Nirav Modi companies which allegedly cheated the Punjab National Bank of Rs 11,400 crore.
Justice A J Desai directed the Ahmedabad crime branch police to produce evidences collected in the case of cheating filed against Gitanjali Gems CMD Choksi and others on a plea moved by Choksi to quash the FIR.
The court posted the matter for a further hearing on March 14 after public prosecutor Mitesh Amin submitted that the state government has taken cognisance of the matter and will publish advertisements in the newspapers appealing victims of the chit fund case to come forward.

Choksi had moved the high court seeking to quash the FIR on the ground that he has reached a compromise with the complainant Mita Mankad who had alleged that Choksi and five others, through his Gitanjali Gems franchise, cheated her by floating a chit fund scheme which never realised.
Another accused in the case, Digvijaysinh Jadeja, who runs the franchise of Gitanjali Gems in the state, also filed an appeal seeking to make him a respondent in the case and direct the police to investigate the matter.

Complainant Mankad and Jadeja argued that no benefits were given to the beneficiaries.

Mankad, however, favoured the withdrawal of the case saying that she has reached a compromise with Choksi.
Jadeja, on the other hand, insisted that while the scheme was launched through Gitanjali Gems' franchise outlets, the financial management of these stores are done by the parent company and he has no role in it.
He argued that he wanted the scam to be unravelled through proper investigation against Choksi and his company.