3 months ago
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In a unusual lawsuit of alleged forgery, the Cyberabad constabulary are turning tables connected the complainant, having recovered grounds that the second misled them.
The Economic Offences Wing of the Cyberabad is readying to initiate penal proceedings against Bandi Rama Pradeep Reddy based connected whose ailment a transgression lawsuit of forged signatures, fake documents and amerciable stock transfers was registered. In 2014, 1 Pavan Kumar Reddy founded M/s Nature Born Projects Private Limited institution which was into consultation services relating to installation of renewable vigor powerfulness plants.
Nearly 7 years later, Pradeep Reddy joined arsenic manager with astir 33% stake. A twelvemonth later, different person, Suneel Kumar, besides joined arsenic director. In 2024, the institution entered into an statement with M/s Serintica Renewables Inda Private Limited to acceptable up a task successful Andhra Pradesh. The adjacent year, Serentica institution transferred ₹ 44.63 crore to Nature Born institution for the services availed.
On November 24, 2015, the EOW registered a transgression lawsuit against 2 different directors of Nature Born institution Pavan Kumar Reddy and Ravi Shankar Reddy, pursuing a ailment from Pradeep Reddy that the duo transferred funds by presenting fabricated documents utilizing forged signatures.
“We issued notices to Pavan Kumar and Ravi Shankar to question them. Interestingly, they came backmost to america with reports from a backstage forensic experts of Truth Labs, maintaining that they did not indulge successful immoderate forgery,” EOW Deputy Commissioner of Police Muthyam Reddy said. According to the officer, Rama Pradeep Reddy voluntarily signed papers pertaining to stock transfers of the institution but yet lodged the complaint.
The DCP said that, since the study secured by the 2 “accused” was from Truth Labs (a backstage forensic laboratory), they had sent the documents successful question to the Telangana State Forensic Science Laboratory for ascertaining facts. “The FSL besides confirmed nary documents were forged arsenic alleged by Rama Pradeep Reddy. We filed a study successful tribunal for closure of lawsuit and readying to publication a lawsuit against him for misleading the police,” Muthyam Reddy said.
According to the EOW officials, instances of backstage institution owners lodging mendacious complaints were coming up present and past but the contiguous lawsuit was a classical illustration of however effort was made to maltreatment the process of law.
