Six held guilty in Rs.152-crore bank fraud
Panchkula, Jan. 16 -- A CBI court in Panchkula has convicted two private companies of the SRS Group and six individuals in a major bank fraud case involving Rs.152 crore, sentencing them to rigorous imprisonment and imposing fines.
In its order dated January 13, 2026, the court sentenced M/s SRS Real Infrastructure Ltd. and M/s SRS Real Estate Ltd., along with their directors Rajesh Singla, Anil Jindal, Bishan Bansal, Nanak Chand Tayal, Seema Narang and Dheeraj Gupta.
The court imposed a fine of Rs.50,000 on the two companies. Among the individuals, Rajesh Singla and Anil Jindal were sentenced to five years' rigorous imprisonment (RI) with a fine of Rs.1.2 lakh. Bishan Bansal and Nanak Chand Tayal were awarded five years' RI with a fine of Rs.80,000, while Seema Narang and Dheeraj Gupta were sentenced to four years' RI with a fine of Rs.40,000. The CBI had registered the case on July 14, 2020, on a complaint from Canara Bank's Circle Office, Karnal....
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