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Tuesday, August 24, 1999

Surabhi India Ltd's CA held, released on bail

EXPRESS NEWS SERVICE  
PANCHKULA, AUG 23: The Panchkula police, on Sunday night, arrested Prem Garg, the Chartered Accountant of Surabhi India Ltd, who was produced in the Court of Judicial Magistrate (class one) S. K.Garg today. He was, however, released on bail.

It may be mentioned here that the company is involved in defrauding its investors of around Rs 90 crore and many cases have been registered against the six directors of the company, Surabhi India Ltd, who are still absconding. It has also been proposed that the case be sent to the India's Most Wanted.

Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.


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