Further, it has also been revealed that not only did the applicant sell the cars at lower prices, but also concealed the details of the same from the complainant company as well as GAPL and showed that the same were sold at a price higher than the one fixed. As per the statement of one Kalyan Kumar Malla, Director and Chief Account Officer of the complainant company, the applicant had caused loss of more than Rs.5 crore, which were adjusted as miscellaneous expenses in the balance sheet of the year ending 31.03.2022. Scrutiny of certain accounts belonging to the applicant as well as his wife and relatives showed receipt of large sums from buyers of the cars as well as subsequent transfers of the amount to the account of the applicant. Particularly, the account of Ms. Komal Kumari, the wife of applicant was analysed and it was revealed that it had entries from one Shiv Shankar Motor to the tune of Rs. 6,60,000/- and the said amount was later transferred to account of the applicant. Various suspicious entries were also found credited in one of the accounts of the applicant. All these facts prima facie establish the case of the cheating and misappropriation against the applicant.
