FIR lodged against Delhi-based businessman for loan default
The Bank of Maharashtra has filed an FIR against Delhi-based businessman Amit Singla and others over an alleged loan default. Ashirwad Chain Company, the bank said, was sanctioned loan of â¹3.5 crore in 2010, which enhanced to â¹9.5 crore in 2012. It alleged that Singla dishonestly induced the bank for getting the loan on false representation by forging documents.