SpiceJet Promoter Ajay Singh Gets Interim Protection In Cheating Case
NDTV
The Delhi High Court also said no coercive action against SpiceJet promoter Ajay Singh will be taken, till the matter is examined by the court.
The Delhi High Court on Thursday granted interim protection to Ajay Singh, Promoter and Managing Director SpiceJet in an alleged cheating case and directed him to join the investigation.
The bench of Justice Anoop Kumar Mendiratta on Thursday while granting interim protection to Ajay Singh also said no coercive action against him will be taken, till the matter is examined by this court. The court also directed him to join the investigation in this regard. The court listed the matter for May 24, for further hearing.
Appearing for petitioner Ajay Singh, senior advocate Siddharth Luthra submitted that the petitioner has been cooperating with the investigation and ex-facie no offence is made out against him.
The FIR clearly amounts to an abuse of the criminal machinery to pre-maturely enforce a commercial contract. The FIR has been registered for the offence of cheating in a case that is entirely based on a civil and commercial dispute arising out of a Share Purchase Agreement dated July 9, 2018, to which the complainant/informant and the petitioner herein are parties.
