No settlement in cheating case relating to Hero Motocorp's Pawan Munjal, HC to hear case in January
The HC is now likely to hear the case on January 24, interim stay against the proceedings will continue till then.
Source: moneycontrol.com
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Indian authorities seize $3 million property from Hero MotoCorp's Munjal
India's financial crime agency has seized property worth about 249.5 million rupees belonging to Hero MotoCorp Chairman Pawan Munjal in relation to an ongoing money laundering investigation, the...
Source: marketscreener.com
Pawan Munjal Pay Cut: Hero Moto's Pawan Munjal to take a pay cut of 20%, ET Auto
Pawan Munjal Pay Cut: Hero MotoCorp's board has approved a 20% reduction in Chairman Pawan Munjal's fixed salary. Munjal previously decided to separate the roles of Chairman and CEO and appoint a CEO. In FY23, he earned INR 99.6 crore, an 18% increase from FY22. The new remuneration would be effective January 1, 2024.
Source: indiatimes.com
Delhi HC stays cheating case proceedings against Hero MotoCorp's Pawan Munjal
HC to next hear Hero MotoCorp's forgery case on December 6.
Source: moneycontrol.com
Relief for Hero MotoCorp's Pawan Munjal till Dec 6 as Delhi court stays proceedings based on FIR
The Delhi High Court has issued a stay on proceedings in a first information report (FIR) filed against Hero MotoCorp and its Chairman Pawan Munjal in an alleged bill forgery case. The FIR, filed by the Delhi Police, accuses certain officials of Hero MotoCorp of forgery, falsification of accounts, criminal conspiracy, and cheating. Hero MotoCorp has stated that the case is an old matter dating back to 2009-10 and involves a disgruntled service provider.
Source: indiatimes.com