With the Bombay High Court quashing two FIRs registered in a case of non-payment of loans, controversial builder Pujit Aggarwal has finally managed to get some relief. Even though trial in other cases against him is pending, the court asked him to pay Rs 2 lakh to the state police welfare fund, for wasting their time and public money. However, all of this happened after the complainants in both the cases withdrew the FIRs following settlement of the dues.

According to the police, the EOW had arrested Aggarwal, CEO of Orbit Construction in 2016 for cheating maritime logistics magnet Taro Vazirani of Rs 2.5 crore. In 2010, Aggarwal had borrowed the money from Vazirani. In 2012, the accused had given cheques to Vazirani to repay the loan, but all of them bounced. Subsequently, the complainant was allotted a flat on the 52nd floor of an under-construction building in Lower Parel.