OTG GLOBAL Finance director and Gujarat Mercantile Credit Sahkarita Limited (GMCSL), Indore, managing director Janak Gandhi and his finance director Shailendra Singh Yadav were arrested in Gwalior this evening following a conviction warrant issued by Gwalior Tenth Additional District Judge Upendra Singh.
The two have been sent to Gwalior Central Jail in connection with a cheque dishonour case filed by GNT News channel owner Mohan Mandeliya, through his counsel Sanjeev Mishra, under Section 138 of IPC. They have been sentenced to one month’s imprisonment.
The Tenth ADJ Court upheld the order passed by Gwalior Additional Chief Judicial Magistrate Ashita Shrivastav on March 9, 2006, to pay compensation of Rs 39 lakh to Mandeliya, but reduced the imprisonment from one year to a month.
Confirming Janak’s imprisonment in Gwalior today, Mishra informed Hindustan Times over phone that there were two cases of cheque (Rs 1.96 lakh and Rs 20 lakh) dishonour against which his client had filed suit in the trial court. Gandhi had filed an appeal against the March 2006 order. The appellate court after two hearings today passed the conviction order.
In addition to Indore and Ujjain, there are 27 cases registered against Janak Gandhi in Guna and three in Gwalior under Section 138.