Mumbai, Jan 16 (ANI): The Ministry of Corporate Affairs has been informed by the Serious Fraud Investigating Office (SFIO) that a Rs.700 crore land grab case has been filed against self-styled godman Asaram Bapu in Madhya Pradesh.
The case relates to the acquisition of 200 acres of land in Ratlam. The SFIO has reportedly sought permission from the Ministry of Corporate Affairs to prosecute Asaram Bapu and his son Narayan Sai under various provisions of Indian Penal Code and the Companies Act 1956.
The Corporate Affairs Ministry has confirmed receipt of the recommendation from the SFIO to prosecute both and some others in connection with the case.
The land is located on the Delhi-Pune freight corridor in Madhya Pradesh and belongs to Jayant Vitamins Ltd, a delisted public limited company.
It was allegedly grabbed in 2000 and is being used by Asaram Bapu and his son since then.
The land grab case has been under investigation for the past two years. (ANI)