Allegations made in NCLT petition downright untruthful: Max Group Chairman

Analjit Singh refuted the allegations made against him by his wife Neelu Analjit Singh in a petition filed before the NCLT

Max Group founder and Chairman Analjit Singh on Monday refuted the allegations made against him by his wife Neelu Analjit Singh in a petition filed before the NCLT and said he will contest the charges at the hearings of the tribunal.

Terming the allegation of diversion and siphoning of funds from a group holding company as "downright untruthful", Singh said these are "mired in incorrect facts and misrepresentation".

"Apart from being downright untruthful, what is even more anguishing is the agenda with which these reports have been encouraged and planted while the matter is sub judice," said a statement put on BSE