The case is linked to Jalta Food and Beverages Company, where Vinod Sehwag, along with directors Vishnu Mittal and Sudhir Malhotra, has been accused under the Negotiable Instruments Act.
Vinod Sehwag, the brother of former Indian cricketer Virender Sehwag, has been arrested by Chandigarh Police in connection with a cheque bounce case worth Rs 7 crore. A local court has sent him to judicial custody.
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The case is linked to Jalta Food and Beverages Company, where Vinod Sehwag, along with directors Vishnu Mittal and Sudhir Malhotra, has been accused under the Negotiable Instruments Act.
Krishna Mohan, the owner of Shri Naina Plastic Factory, based in Baddi, Himachal Pradesh, filed a complaint stating that Delhi-based Jalta Food and Beverages Company had purchased goods from his factory.
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For the payment, the company issued a cheque worth Rs 7 crore. However, when Mohan deposited the cheque in the Oriental Bank of Commerce in Manimajra, it bounced due to insufficient funds.
Mr. Mohan said, “I filed a case when I did not get the payment.” The court had declared all three accused as fugitives in 2022. Since they failed to appear for hearings, the court ordered a police case to be filed in September 2023.
Vinod Sehwag has now applied for bail, and the hearing for his application is scheduled for March 10. Reports indicate that he is facing at least 174 cheque bounce cases and has sought bail in 138 of these cases
