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Court rejects discharge plea of accused in Indian Overseas Bank fraud case

Court rejects discharge plea of accused in Indian Overseas Bank fraud case

Mumbai May 13 (UNI) A special CBI court has rejected the discharge plea of a businessman, Premal Goragandhi,facing charges of defrauding the Indian Overseas Bank to the tune of Rs 297.56 crore a lawyer said here on Tuesday.
While rejecting the plea, the court observed that a man may lie, but circumstances do not.
According to the prosecution case, the CBI had registered the case in 2017 against M/s Parekh Aluminex Ltd (PAL) and others for obtaining credit facilities and not clearing the dues.

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