Court orders one year jail to Zafar Sareshwala and four family members

Gandhinagar: Kalol court in Gandhinagar district has given one year of jail to Zafar Sareshwala, his brother, son, and nephew in a case about cheque return. The court has also ordered the accused to pay the sum with 9 percent interest.

Kalol-based Mukesh Rasiklal Sheth had moved Kalol court over a cheque return against Zafar Sareshwala and other directors of Parsoli. Complainant Mukeshbhai and his family members had invested Rs. 20 crore in Parsoli Motors. When he demanded his money back and applied the exit option in the share application, the attempt remained unsuccessful. Later he time and again demanded his money for which he was given cheques by the directors of Parsoli. However, the cheques bounced following which five different complaints were filed by Mukeshbhai and his family members against the directors of Parsoli.

Kalol court has given one year of jail to Talha Yunus Sareshwala, Umar Uvesh Sareshwala, Habib Zafar Sareshwala, Uvesh Yunus Sareshwala, and Zafar Yunus Sareshwala.

The court has asked convicts to appear before the court on December 16. Zafar Sareshwala is reportedly in Oman while his son Habib is reportedly in Dubai. DeshGujarat