The Bombay High Court has taken strict action against a businessman after it found that he had forged a favorable "stay order" in order to avoid attachment of his properties under the SARFAESI Act.
The Court has called out the matter 'serious' and ordered FIR against him.
The Court clarified:
This is not the first instance, as only last month a fabricated order under the name of Justice GS Patel was directed to be probed by the Court.
The District Court had ordered attachment of the property of the petitioner since he defaulted on a loan. To escape the same the faulty, fraud order was generated.
The Court was solid on its stand and thus concluded in the order passed:
The order was passed by Justice PRAKASH D. NAIK and Justice A. A. SAYED on 28-02-2020.
Read Order Here:
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