Raigarh police officers have registered a case towards 5 within the suicide case of Bollywood artwork director Nitin Desai. An FIR has been registered towards them primarily based on a grievance by Nitin’s spouse, Neha Desai. As per a report by information company ANI, the police registered a case below Sections 306 (abetment to suicide) and 34 (frequent intention) of the Indian Penal Code (IPC) towards 5 folks together with officers of ECL Finance Firm and Edelweiss. Nitin Desai’s firm had defaulted on a Rs 250 crore mortgage reimbursement to collectors.
As per a report by ANI, Neha Desai informed police that Nitin Desai died by suicide as a consequence of psychological strain from the officers of ECl Finance Firm and Edelweiss Group relating to debt restoration.
Nitin Desai’s funeral
The late artwork director’s final rites have been held immediately at his studios in Karjat. It was attended by a number of celebrities from the Hindi and Marathi movie industries together with Aamir Khan, Ashutosh Gowarikar, and Sonali Kulkarni, amongst many others.
Edelweiss’ assertion issued earlier immediately
“We’re deeply saddened by the demise of Shri Nitin Desai and categorical our deepest condolences to his household as they navigate by this tough time. Concerning this growth, the NCLT’s Mumbai bench, in its judgement, ordered an ‘initiation of Company Insolvency Decision Course of’ towards Nitin Desai’s firm, ND’s Artwork World Personal Restricted, on July 25, 2023. Within the order, the bench additionally appointed Jitender Kothari because the interim decision skilled to hold out the steps talked about below the Insolvency and Chapter Code, 2016,” the assertion reads.
The corporate additionally said that they’re dedicated to totally cooperating with all of the related authorities. ”Our dedication to transparency, cooperation, and adherence to the authorized course of stays steadfast,” they added.