BITS Pilani pass-out held in cheque-bounce case

Updated: Oct 02, 2018, 03:56 IST | PTI

As that company was not doing well, he left Dubai and came back to India. He is presently unemployed, the police said

BITS Pilani pass-out held in cheque-bounce case
Representational picture

A 49-year-old BITS Pilani post-graduate, who was at large for three years after buying computer parts worth Rs 4.34 lakh by offering dishonoured cheques, has been arrested in Delhi, police said on Sunday.

Ajit Jain, was arrested on Friday from southeast Delhi's Pul Prahladpur when he came to meet his parents, a police officer said. A man, who is supplier of computer parts, filed a complaint in the Saker court against a firm, Creation Computers Tech Pvt. Ltd, that dealt in the business of computer and computer parts, the officer said.

The complainant alleged that its directors, including Jain, would take the computer parts from him on credit and assured him return on the credit. They took computer parts worth Rs 4.34 lakh and gave him cheques which were dishonoured, the officer said. Jain was not appearing in court despite several notices that were issued to his Delhi addresses. He was declared as an absconder in March 2015 and the court directed an FIR be filed against him.

Two other cases were registered against the accused on the complaint of two other companies. His co-director in the company was interrogated and raids were conducted on his Delhi addresses, but he was not found. However, he was finally nabbed Saturday from Pul Prahaldpur and produced before a city court.

Jain belongs to Baghpat, Uttar Pradesh and did his post graduation from BITS Pilani University, Rajasthan. After his post-graduation, he started his own company, Creation Computers Tech Pvt. Ltd in Nehru Place. Later on, Jain joined a company in Dubai as one of the partners. As that company was not doing well, he left Dubai and came back to India. He is presently unemployed, the police said.

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/ reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

DISCLAIMER: mid-day and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

Lesser known facts about the Goa Chief Minister Manohar Parrikar

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK