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Mumbai: City-based company and directors booked for ₹225.62 crore bank fraud by CBI

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The Central Bureau of Investigation (CBI) has registered a case against a Mumbai-based private company and its directors for allegedly cheating a consortium of banks (Central Bank of India and Punjab National Bank) to the tune of ₹225.62 crore. In its complaint, one of the banks from the consortium has alleged that the company, its promoters, directors had availed the funds in the form of term loan, cash credit, etc with the pre-planned intention of defrauding the lenders. The borrower company has its registered office at Juhu and is engaged in manufacturing and selling of high tensile alloy steel fasteners.

Central bank official filed written complaint

According to the CBI, a written complaint was received from Sridhar Sahoo – who works at the Central Bank of India’s Nariman Point branch – against the borrower company and its two directors unknown public servants and unidentified for having committed offences of cheating, misappropriation of funds, criminal breach of trust and defrauding the banks.

Both banks incurred losses of over ₹110 crore each

The account of the company, held in the Punjab National Bank, was declared a non-performing asset (NPA) in March 2017, while the Central Bank of India took the same step in 2018. Both the banks had declared the accounts as fraud in 2021, and reported it to the Reserve Bank of India (RBI) accordingly. “After declaring the account as fraud, it took some time to ascertain necessary data/ information from the other lender (complainant in the case), to prepare the complaint and to take necessary steps to obtain internal approvals,” the bank stated in its complaint to the CBI.

The Central Bank of India suffered losses up to ₹114.32 crore, while the Punjab National Bank’s figure stood at ₹111.30 crore, the agency officials said.

Pointers:

Losses suffered by Central Bank of India: ₹114.32 cr

Losses suffered by Punjab National Bank: ₹111.30 crore

Complaint filed by Central Bank of India official

Banks declared borrower’s a/c as NPA

Crime

NMC cancels registrations of doctors accused in Delhi blast

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New Delhi, Nov 15: The National Medical Council (NMC) has cancelled the registrations of three doctors linked to the car blast attack near Delhi’s Red Fort Metro Station, barring them from practising until further orders.

The Delhi blast, which occurred on November 10, killed 12 and injured several others, sending shockwaves across the nation.

The council released the directive in light of the FIR filed under UAPA Sections against Dr Muzaffar Ahmad, Dr Adeel Ahmad Rather, and Dr Muzamil Shakeel, effective immediately.

While Muzamil, Adeel, and another suspect, Dr Shaheen, are currently in the custody of the J&K Police, Muzaffar is thought to have escaped India around August this year.

They are believed to have connections to the Faridabad terror module.

An order from Rajiv Sharma, the NMC Secretary (incharge), mentioned an FIR filed against Ahmad, Rather, and Shakeel in Srinagar on October 19.

It stated that evidence gathered by investigating agencies indicated their involvement in the Red Fort terror blast case.

“Such association or conduct is prima facie inconsistent with the standards of ethical propriety, integrity and public trust expected of members of the medical profession and attracts the provisions of the Indian Medical Council (Professional Conduct, Etiquette and Ethics) Regulations, 2002,” the order read.

The Jammu & Kashmir Medical Council has exercised its authority to cancel the registrations of the three doctors mentioned above, instructing that their names be promptly removed from the Register of Medical Practitioners that is maintained by the council.

“Consequent upon such removal, the said practitioners shall cease to be entitled to practise medicine or to hold any appointment as medical practitioners till further orders,” the order added.

It also mentioned that in view of the notifications dated November 13, 2025 regarding “cancellation of registration of the above-mentioned doctors issued by the Jammu & Kashmir Medical Council, their names be removed from the Indian Medical Register (IMR) / National Medical Register (NMR) with immediate effect.”

It has been reported, though not yet confirmed, that a similar directive has been issued concerning Dr Shaheen Saeed, who was listed with the Uttar Pradesh Medical Council, and she has also been promptly removed from the IMR/NMR.

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Crime

Mumbai Crime: 2 Arrested For Stealing Phone Fixed To Autorickshaw Steering In Goregaon; One Accused Has 22 Past Cases

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Mumbai: Bangur Nagar Police have arrested two men from Mumbai’s Goregaon West for stealing a mobile phone that an autorickshaw driver had strapped to his steering wheel for navigation. The accused, Sohail Khan (26) and Sandeep Mohite (36), both residents of the Bhagat Singh Nagar slum, were taken into custody after the midnight theft on November 11. Police said both men are currently unemployed.

The incident occurred around 12.30 am on Link Road near the slum colony. the complainant, 44-year-old rickshaw driver Manoj Sav, was seated in his vehicle waiting for passengers when the duo swiftly snatched his phone, worth Rs 6,000. The device had been secured to the steering using a rubber band. Sav realised the theft only later and later lodged a complaint at Bangur Nagar Police Station.

During the investigation, police first traced and arrested Sohail Khan. His interrogation led officers to the second accused, Mohite. Based on their statements, police recovered two stolen mobile phones worth Rs 11,000, indicating that the men had likely committed multiple thefts in the area.

Further checks revealed an extensive criminal history for Mohite. Police records showed he has 22 previous cases registered across Bangur Nagar, Goregaon and Kasturba Marg police stations. Due to his repeated involvement in theft and related offences, Mohite had previously been externed from city limits by DCP Sandeep Jadhav. Khan, too, has two prior cases registered against him at Goregaon and Bangur Nagar.

Police officials said the arrests have helped crack multiple theft incidents reported recently and added that further investigation is underway to determine whether the duo were involved in additional crimes.

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Crime

Mumbai: 19-Year-Old Student Alleges Sexual Abuse, Forced Surgery & Extortion By Transgender Gang

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Mumbai, November 14: A 19-year-old BCom student from Malad has accused a local transgender gang of forcing him into gender reassignment surgery, blackmailing him and subjecting him to physical and mental abuse over several months. The teen, a resident of Appapada in Kurar village, told police he became friends with Kaveri, also known as Kartik Vedamani Nikam, around a year and a half ago. Through this acquaintance, he met Neha Khan, also known as Neha Ipte, who allegedly headed a transgender group in Malwani.

According to the complaint, the student was called to Neha’s home on August 5, where Neha, Kaveri, Bhaskar Shetty and Mahi allegedly tried to convince him to undergo gender transition. When he refused, they reportedly locked him in a room, assaulted him and forced him to perform obscene acts which were filmed. The video was then allegedly used to demand money. His mother transferred ten thousand rupees out of fear.

Over the next two months, the gang allegedly demanded more money and publicly humiliated him. He says he was beaten, made to wear a saree and forced to beg.

The complaint states that on October 28, Neha, her husband Sohail Khan, their adopted son Bhaskar and others took him to a hospital near Ripple Mall in Surat. There, he was allegedly compelled to sign papers and was subjected to gender reassignment surgery. After returning to Mumbai, he claims Neha poured hot water on his operated area and forced him to do chores. She allegedly demanded four and a half lakh rupees to release him.

The teen escaped on November 4 but was allegedly abducted again hours later. A local resident intervened and he was freed. A zero FIR was filed at Kurar police station before the case was transferred to Malwani police.

“Based on the victim’s statement, we have booked the accused under sections related to conspiracy, kidnapping, sexual assault, extortion and forced medical mutilation,” an officer said. Police have arrested four people and the probe is ongoing.

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