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Ketan Shah, an individual NSEL investor and a complainant, has urged the Mumbai Police Commissioner to transfer the case from the MIDC (Maharashtra Industrial Development Corporation) police to the Economic Offences Wing (EOW).
Confirming the development, Shah said, “The MIDC police does not have wherewithal to investigate a case involving such a large amount of Rs 900 crore.”
The Metropolitan Magistrate court had on Friday ordered MIDC police to start investigation in the case.
Meanwhile, the Bombay High Court on Monday adjourned for May 5 the case filed by Shah pledging to set up a special investigation team (SIT).
Confirming the development, Shah said, “The MIDC police does not have wherewithal to investigate a case involving such a large amount of Rs 900 crore.”
The Metropolitan Magistrate court had on Friday ordered MIDC police to start investigation in the case.
Meanwhile, the Bombay High Court on Monday adjourned for May 5 the case filed by Shah pledging to set up a special investigation team (SIT).
