Hardeep S Puri

Playing hardball with China


Hardeep S Puri

Kalnirnay dispute: Publisher files case of fraud against brother

Ads by Google

An internal dispute between the Salgaonkar brothers of Kalnirnay group has now reached the Mumbai Police with elder brother Jairaj lodging a complaint of misappropriation and fraud amounting to Rs 1 crore against his younger brother Jayanand.

Tthe family owns Sumangal Press in MIDC, Andheri and the case has been registered at the MIDC police station. Jairaj is the publisher & managing director of Kalnirnay.

According to the complaint, since 2005 till date, Jayanand misused his official position in the family owned press and used assets of the press at his own press in Mhape.

Jairaj also alleged that Jayanand used his private press to forge documents and misappropriate funds to the tune of Rs 1 crore from the family business.

"It's a complicated case. We have asked for the documents and will be calling the other party. We have just registered the FIR and the case will need to be probed into in detail," said senior inspector Suresh Hujband.

When contacted, Jairaj said he did not wish to comment. "This is a family dispute and we would like to settle this amicably. I do not wish to give any details in this matter."

The Kalnirnay Group's website claims that it has a consumer base of 1.4 crore for its regional almanacs. The group, which started printing calendars in 1973, is considered popular among the regional population for its community based calendars.

Ads by Google
Please read our terms of use before posting comments
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
comments powered by Disqus