Chairman Booked for Alleged Duping; Company Calls it ‘Frivolous’


SpiceJet chairman and managing director Ajay Singh was booked for allegedly duping a businessman of crores of shares, Gurugram Police mentioned on Monday.

Amit Arora, a advisor within the aviation sector claimed that Singh had delivered a faux depository instruction slip (DIS) of shares value Rs 10 lakh for providers offered to him. He additional talked about that SpiceJet chairman had promised him to switch 10,00,000 Spicejet shares for his providers. Arora claimed Singh had defrauded others additionally in an analogous method when he took over the airways from the promoters.

Arora mentioned in his grievance, “Ajay Singh provided a depository instruction slip which, later turned out to be invalid and outdated.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 valid depository instruction slip or transfer shares directly. However, on pretext or the other, he refused to transfer me the shares,”

The Gurugram Police registered the case in opposition to SpiceJet managing director beneath sections 406 (prison breach of belief), 409 (prison breach of belief by public servant, or by banker, service provider or agent), 415 (deception), 417 (dishonest) 420 ( dishonest and dishonestly inducing supply of property) of the Indian Penal Code on the Sushant Lok police station.

“I had no option left but to press charges against Singh,” Arora added.

“An FIR has been registered and we are verifying the facts and action will be taken as per the law,” mentioned inspector Poonam Hooda, Station House Officer (SHO) of Sushant Lok police station, reported information company PTI.

Calling the “completely bogus”, SpiceJet spokesperson mentioned,” A frivolous, mischievous and utterly bogus grievance has been filed by a liquor vendor Amit Arora with the Gurgaon police with an intention to harm SpiceJet and Mr Ajay Singh’s picture. At no time limit was any service sought from him nor did he ever present any form of service to SpiceJet. Neither Mr Singh nor any involved individual from SpiceJet has ever met the complainant for any work neither is there any written settlement 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 Mr Singh,” the spokesperson additional added.

DGCA Issues Show-cause Notice to SpiceJet after 8 Incidents inside 18 days

On July 6, Directorate General of Civil Aviation (DGCA) issued a show-cause discover to SpiceJet after it reported eight technical malfunction incidents involving its planes over the past 18 days. SpiceJet has didn’t “establish safe, efficient and reliable air services” beneath the phrases of Rule 134 and Schedule XI of the Aircraft Rules, 1937, the discover issued by the common said.

“The review (of the incidents) transpires that poor internal safety oversight and inadequate maintenance actions (as most of the incidents were related to either component failure or system-related failure) have resulted in degradation of the safety margins,” it added.

The DGCA has given the airline three weeks to reply to the discover.

(With inputs from PTI)

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