Investigations to take place against 11 firms and companies. IMA group of companies is one among them
Bengaluru: The Karnataka high court on Monday directed the state’s investigating agencies and Enforcement Directorate (ED) to coordinate with each other on probes on alleged financial and investment scams related to 11 firms and companies. It also includes the IMA group of companies.
The state government has been directed by a division bench comprising Chief Justice Abhay Shreeniwas Oka and Justice HT Narendra Prasad to submit a status report about the investigations conducted based on cases registered against such companies. The deadline that has been given is July 23.
The bench passed the order during the hearing of a Public Interest Litigation (PIL) filed by Imran Pasha and another petitioner, both residents of Bengaluru. The petition sought a probe by the Central investigation agencies like the ED, Central Bureau of Investigation (CBI) and the Income Tax Department, on the affairs of 11 firms and companies stating that they had cheated the poor.
A counsel for the ED told the bench that cases were registered against two of the 11 companies. It also said that the ED did not have any information regarding the cases booked against others though it would investigate once it received information on the cases booked from the state agencies.
Meanwhile, the bench also ordered to issue notices to IMA group of companies, Ambident Marketing Pvt Ltd, SK Business Solutions LLP, ZR Business Solutions LLP, Profito In Service, Ajmera Business Solutions, Morgenall and Shri Karulppuswamy Promoters. It also ordered to issue notices to the CBI and the Union government.
A single judge bench of Justice Alok Aradhe ordered to issue notices to the CBI and the state government based on two separate petitions. The petitions were filed by Mohammed Sirajuddin, a resident of Chitradurga and SM Iqbal Ahmed and other investors of IMA group of companies. The petitions sought the transfer of registered cases against the IMA Group and its directors to the CBI.
Last Updated 19, Jun 2019, 5:53 PM