Mumbai Police opposes former Provogue liquidator’s plea, alleges undervaluation of Hong Kong assets
Mumbai Police's EOW opposes a former liquidator's plea for protection. The EOW alleges deliberate undervaluation of Provogue's Hong Kong subsidiary. This action allegedly allowed accused individuals to benefit from company assets. An FIR was registered following a complaint about losses and liquidation process manipulation. The agency cited evidence of criminal conspiracy and breach of trust.
