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SEVEN YEARS RI , NINE LACS FINE TO PROP. HYDERABAD FIRM.,CAUSING 1.5 CRORE TO BHARAT DYNAMICS LIMITED

November 30, 2017 08:42 PM

Hyderabad  (Face2News)

The Special Judge for CBI Cases, Hyderabad has sentenced Sh. Anil Singhvi, Proprietor of M/s Kemptronix, Hyderabad to undergo seven years Rigorous Imprisonment with fine of Rs.Nine lakh.

CBI had registered a case on 26.04.2013 against Sh. Anil Singhvi, Proprietor of M/s Kemptronix, Hyderabad and others on the allegations that M/s Kemptronix, Hyderabad had supplied spurious transistors in violation of the terms and conditions of contracts. Sh. Anil Singhvi, Proprietor of M/s Kemptronix submitted fake documents showing false Certificate of Compliance as if the Transistors supplied by M/s Kemptronix were manufactured by a USA based company leading to a loss of Rs.1.5 Crore to Bharat Dynamics Limited (BDL). After investigation, a chargesheet was filed. The Trial Court found the accused guilty and convicted him.

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