Construction Mirror Article detail

The Delhi High Court placed a stay order on the proceedings pertaining to a FIR that was filed against the titan of the automobile industry Hero MotoCorp, its Chairman Pawan Munjal, and other authorities. NEW DELHI (India CSR). Allegations of bill forgery center the case.

Allegations

Following a complaint accusing several Hero MotoCorp personnel of forgery, falsifying accounting, criminal conspiracy, and cheating, the Delhi Police this week filed the FIR.

Main Participants

The three main suspects named in the report are Pawan Munjal, Vikram Kasbekar, and Hari Gupta.

Statement from Hero MotoCorp

The business refuted the accusations, claiming that the lawsuit had its origins in a previous disagreement from 2009–2010 involving a disgruntled service provider by the name of Brains Logistics Pvt Ltd, led by Roop Darshan Pandey. According to Brains Logistics, which was formerly affiliated with Hero Honda Company, the aforementioned people were involved in falsifying, defrauding, and forging records. According to Brains Logistics, the disputed bills—totaling Rs 5.95 crore for 2009 and 2010—were unfairly billed to the complainant.

Differences in Billing Dates

According to Brains Logistics, the contract it had with Hero MotoCorp ended on March 31, 2009. Therefore, it is claimed that any subsequent billings related to them were altered.

Additional Personas Referenced

The name of Manjula Banerji, who worked at Deloitte Haskins & Sells and was the firm auditor in 2009 and 2010, is mentioned in the lawsuit.

insights on petitions

According to the plea filed today, Brains Logistics deliberately misled the Delhi court. The disputed bills are summary sheets of the disputed bills, not the monthly invoices. Additionally, the petition draws attention to the company's historical name change from "Hero Honda Motors Ltd." in the 1980s to "Hero MotoCorp Ltd." in 2011. The documents from 2009 and 2010 are neither invalidated or falsified by the name change. Hero MotoCorp claims that by providing the documents to the Magistrate's office erroneously, Brains Logistics intentionally misled the court and caused the FIR to be filed.

Prior examination of Hero MotoCorp

Separately, the ED had conducted an investigation into Munjal and other connected people in August about a possible money laundering case. At Munjal's homes in Delhi and Gurgaon, the ED had searched. In response, the business reaffirmed its partnership with the organization. A complaint made against Munjal by the Directorate of Revenue Intelligence (DRI), a division of the Central Board of Indirect Taxes and Customs (CBIC), led to this ED inquiry.

The Appeal of Hero MotoCorp

Hero MotoCorp has requested the annulment of the trial court's order and any future processes resulting from it as a way to put an end to the series of events.