The CBI on Thursday said it has filed a chargesheet against Delhi-based private company and others including its promoters, directors, Statutory auditor and company Secretary among others for defrauding a consortium of 12 Banks led by Punjab National Bank (PNB) to the tune of Rs 2,040.63 crore.
A case was registered on September 25, 2020 against a private company (borrower) Hanung Toys & Textiles Ltd and others including its promoters and directors, Ashok Kumar Bansal and Anju Bansal; Associate persons Rishu Agarwal, Manoj Kumar Garg and Kali Kant Jha; Statutory Auditor Piyush Jain and Company Secretary Arvind Kumar Gupta.for cheating the consortium of banks, the CBI said in a statement.
It was alleged that the borrower company having its registered office at Greater Kailash Enclave-I, New Delhi and its units at various places in Noida, Roorkee and Mumbai was engaged in manufacturing and exports of stuffed toys, home furnishing items, dyeing and bleaching besides processing of fabrics, reads the FIR.
“Investigation revealed that the accused allegedly manipulated the books of accounts by suppressing the actual derivative loss and made false financial statements across the years, from year 2008-2013, in order to present the inflated financial worth of the company for the purpose of obtaining various credit facilities from the banks,”the CBI said in a statement.