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SpiceJet chairman Ajay Singh booked for allegedly defrauding Gurugram businessman, company refutes claim
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SpiceJet chairman Ajay Singh booked for allegedly defrauding Gurugram businessman, company refutes claim
Jul 12, 2022 12:36 AM

SpiceJet on Tuesday said the complaint of alleged fraud filed by an individual against airline's Chairman Ajay Singh was "completely bogus" and a defamation suit will be filed against the complainant.

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Gurugram police on Monday said an FIR has been filed against Singh, who is the Chairman and Managing Director of SpiceJet, based on a complaint by one Amit Arora for allegedly duping him on the pretext of allotting shares of the company.

"A frivolous, mischievous, and completely bogus complaint has been filed by a liquor dealer Amit Arora with the Gurugram police with an intention to hurt SpiceJet and Ajay Singh's image," an airline spokesperson said in a statement.

The airline spokesperson also said neither Singh nor any person concerned from the airline has ever met the complainant and that there is no written agreement between them.

"We are confident that the police investigation will prove the same and the FIR will be quashed. A defamation suit will be filed against the complainant by SpiceJet and Singh," the spokesperson said.

Complainant Amit Arora said Singh had defrauded others in a similar manner. According to the complaint, the SpiceJet chairman and managing director delivered a fake depository instruction slip (DIS) of 10 lakh shares for services provided by Arora to him.

Also read: SpiceJet CMD Ajay Singh says will hive off SpiceXpress by first week of August

Arora, who provides non-aeronautical services including airport retail and hospitality at airports in India, said Singh had promised him to give 10,00,000 SpiceJet shares for his services.

"Ajay Singh provided a depository instruction slip which, later turned out to be invalid and outdated. Thereafter, I approached him multiple times and requested him to either provide a valid depository instruction slip or transfer shares directly. However, on one pretext or the other, he refused to transfer me the shares," Arora said in his complaint.

"I had no option left but to press charges against Singh," he added.

Also read: SpiceJet shares experience turbulence amid recent technical glitches

Police registered the case under sections 406 (criminal breach of trust), 409 (criminal breach of trust by a public servant, or by banker, merchant or agent), 415 (deception), 417 (cheating), and 420 (cheating and dishonestly inducing delivery of property) of the Indian Penal Code at Sushant Lok police station in Haryana.

"An FIR has been registered and we are verifying the facts and action will be taken as per the law," said inspector Poonam Hooda, SHO of Sushant Lok police station.

(Edited by : Sangam Singh)

First Published:Jul 12, 2022 9:36 AM IST

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