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Gensol's Jaggi shifts blame on elder brother
Hindustan Times Chandigarh
|April 30, 2025
Gensol Engineering Ltd co-promoter Puneet Jaggi told a Delhi court on Tuesday that he was not involved in the day-to-day affairs of the company, which is being investigated by multiple agencies, and claimed his elder brother Anmol, currently in Dubai, made all the management decisions, officials familiar with the development said.
NEW DELHI:
He made the claim while seeking anticipatory bail fearing arrest by the Delhi Police's economic offences wing (EOW), which is currently examining two complaints by Power Finance Corporation (PFC) and Indian Renewable Energy Development Agency Limited (Ireda) and is set to soon file separate cases in the matter. Delhi Police had opposed the plea calling it premature. Police argued that in the absence of an FIR, the plea for anticipatory relief was not maintainable.
The additional sessions judge, Kiran Gupta, at Patiala House courts granted interim protection to Puneet Jaggi, directing Delhi Police to serve a seven-day prior notice in case it decides to arrest him.
This story is from the April 30, 2025 edition of Hindustan Times Chandigarh.
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