Nagpur: Tehsil police have booked city hotelier and transporter Mohabbat Singh Tuli for allegedly duping his business partner by allegedly transferring company shares.
Following a complaint by Ajindar Singh Gurulaal Singh Tuli (60), a resident of Clark Town, on Monday, the Tehsil police have booked Tuli under sections 406, 420, 34 of IPC.
As per the complainant, in 1994, Mohabbat Singh Tuli and Ajindar Singh had started a joint venture — Bombay Goods Transport Garage — in Gandhibagh area. However, the duo registered the company in the name of Great Roadways Private Limited with the registrar of companies.
Ajindar Singh has been associated with the Great Roadways since its inception. Ajindar had 75% stake i.e. 22,000 shares of the company. His father Gurulaal Singh too was a director in the company. However, after death of Gurulaal Singh, Mohabbat Singh allegedly transferred his stake to his name illegally, the complainant said.
Based on the complaint, cops have registered a case and started investigation.