India, Nov. 20 -- The Economic Offences Wing (EOW) of the Mumbai police, on the complaint from the former managing director of Provogue India Pvt Ltd, has registered a case against a resolution professional (RP), Provogue's former director, a few former employees and some clients (debtors). The complainant has alleged that he was cheated of Rs.90 crore by the clique.

An RP is a person who conducts a corporate debtor's insolvency resolution process and manages their operations during the entire process.

"Nikhil Chaturvedi, 55, who registered the complaint, was Provogue's director and even a guarantor to the bank loans taken by the company," said a police officer. "He was also the major shareholder till the company went into liquidation. ...