da prosport bet: Sunil Gavaskar has become embroiled in yet another controversy, this time with the police registering a case against him and five others for alleged fraud following a complaint by Registrar of Companies (RoC) in Vadodara
Wisden Cricinfo staff16-Jul-2004
Sunil Gavaskar: no stranger to controversy © AFP
Sunil Gavaskar, the former Indian batting great, has become embroiled in yet another controversy, this time with the police registering a case against him and five others for alleged fraud following a complaint by the Registrar of Companies (RoC) in Vadodara.The Press Trust of India (PTI) reported that a complaint registered with JP Nagar police station, by Assistant RoC PG Meena, alleged that Gavaskar and five others raised Rs4.65crore (around US$1,300,000) through public issue to float a company for manufacturing footwear and other leather goods, but defrauded the investors by not paying them any dividend since then.But Mid Day, the Mumbai tabloid, quotes Gavaskar as saying, “I am not worried,” in response to the allegations. It goes on to quote a source close to Gavaskar as explaining that he resigned from the company in question when he became Sheriff of Mumbai, and that documents to prove this would be submitted soon.Many shareholders lodged complaints against the company with the authorities in Ahmedabad on the grounds that the Securities and Exchange Board of India (SEBI) has declared the company named “Top Line Shoe” as “vanished,” the police told PTI.