In a fresh FIR filed in Delhi it is proven that Jignesh Shah and his brother Manjay Shah were a part of the NSEL conspiracy where along with dodgy borrowers ( Mr . Jagmohan Garg of Mohan India here ) they deceived investors into putting money in NSEL sugar showing bogus warehouses and warehouse receipts.
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Directors decided to aim for the company to " substantially achieve " three goals by late next year : Delivering basic items like 501 jeans within 72 hours of warehouse receipt of a merchant's order; shipping all orders complete and on time, and delivering products in ways that allow retailers to put them on store floors with minimal processing.
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According to the lawsuit, the four companies discovered that the 64, 000 tons of chicken they supposedly owned had disappeared from warehouses and ships, had been sold to others, and that they had been duped with a trail of false documents, including shipping bills, warehouse receipts and even forged certificates from the U . S . Department of Agriculture.
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