A case has been registered against two companies for allegedly taking loans to the tune of ₹120 crore from HDFC Bank by furnishing forged documents, police said on Saturday.
An FIR lodged with the Delhi Police’s Economic Offences Wing in the case stated, the companies owned by Rash Pal Singh Todd and Mandhir Singh Todd got loans to the tune of around ₹120 crore using fake and forged documents. “The Todds are people of Indian origin. The fact that they furnished fake forged documents came to light during the physical comprehensive stock audit and verification of the various documents which were submitted to the bank by the accused,” the FIR said.