Crime Branch Jammu has registered a case under Prevention of Corruption Act and various offences of fraud and forgery against owner of 999 Gym, Manager Oriental Bank and others.
According to FIR, a written complaint lodged by Rameez Javed son of Javed Iqbal of Bathindi, Jammu was received in the Crime Branch wherein the complainant had alleged that he entered into a partnership with 50% share with one Sumit Pal Singh son of S. Harpal Singh of Satellite Colony, Bathindi, Jammu for carrying out the business of a Gym under the name and style of 999 Fitness Studio at Shivaji Chowk, Nanak Nagar, Jammu and in this regard he made a huge investment and thereafter, a formal partnership deed was executed and registered, building was hired and a joint account was opened in the HDFC Bank Branch Nanak Nagar, Jammu.
But after sometime Sumit Pal Singh started behaving suspiciously and withdrew an amount of Rs 1.80 lakh fraudulently from the joint account by forging the signatures of the complainant without any justification. It was further alleged that the accused also withdrew two cheques amounting to Rs. 25,000/- each and like amounts totaling about 20-25 lakhs in the same manner and when the complainant made a request to him to explain the reasons the accused starting abusing and extending threat to the life of the complainant and now has grabbed the entire business by opening another account and virtually rendering the complainant high and dry etc.
During the enquiry, Crime Branch found that the complainant had invested a huge amount in lakhs in the partnership business and a formal partnership deed was also executed and registered, however, the accused Sumit Pal Singh without any rhyme and reason had withdrawn different amounts worth lakhs of rupees from the joint bank account of the business by forging the signature of the complainant and had misappropriated the same. It was also found that accused Sumit Pal in order to usurp the entire business had opened another account in the name of the Gym 999 Studio and Spa Sector 14 Nanak Nagar, Jammu by using the forged documents and Form-C of 999 Fitness Club Bypass Road Narwal Jammu in connivance with the Branch Manager and other officials of the Oriental Bank of Commerce Branch Narwal, Jammu who, in sheer misuse of their official position had facilitated the same.
It also came to fore that all the accused had in connivance with each other had committed the crime in order to cause wrongful gains to themselves and wrongful loss to the complainant through fraudulent means. Accordingly a case was registered against Sumit Pal S/o Mr. Harpal Singh R/o Satellite Colony, Bathindi, Bank Manager and other officials of Oriental Bank of Commerce Branch Narwal, Jammu, for various offences punishable u/s 420,406,467,468,471,120-B RPC r/w sec. 5 (2) P C Act Svt. 2006.