Gurugram Police files FIR against Spicejet Chairman Ajay Singh

Ajay Singh has been booked for cheating and criminal breach of trust on the complaint of Amit Arora aviation sector consultant

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SpiceJet Chairman & MD Ajay Singh

New Delhi, July 12

The Gurugram Police have filed an FIR against the chairman and managing director of SpiceJet Limited Ajay Singh for cheating and criminal breach of trust.

The Gurugram Police received a complaint from Amit Arora, a consultant in the aviation sector. As per Arora's complaint, around 2016 at the time of its takeover, SpiceJet was in dire financial difficulty.

Arora mentioned in his complaint that the company (SpiceJet) required an overhaul and financial restructuring. In lieu of the same, he promised to transfer 10,00,000 shares to the complainant. The complainant provided his services such as presenting the case of revival and restructuring in front of all authorities/government.

In his complaint, the complainant further stated that he requested Singh to transfer shares as promised, but he instead provided a depository instruction slip (DIS). When his representative went to deposit the said slip, he was informed that the slip was invalid and outdated.

The FIR has been registered under IPC sections 406 (criminal breach of trust) and 420 (cheating) at Sushant Lok police station.

The SpiceJet termed the complaint as frivolous and bogus. 

The SpiceJet issued a statement saying, “At no point has the company sought any service from the complainant, nor did he ever provide any kind of service to SpiceJet. Neither Singh nor any person concerned from SpiceJet has ever met the complainant for any work, nor is there any written agreement between them. We are confident that the police investigation will prove the same and the FIR will be quashed". 


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