Edelweiss' Rashesh Shah approaches High Court after denying any wrongdoings in Nitin Desai suicide case

Edelweiss Group's Chairman Rashesh Shah and Managing Director Rajkumar Bansal, who are under investigation along with others in connection with art director Nitin Desai suicide case, have approached High Court. In the petition, Shah demanded cancellation of the FIR registered by the Khalapur police of Raigarh. There is a possibility of an urgent hearing on the matter today (August 8). Senior advocate Amit Desai will argue on behalf of Edelweiss Company.

Raigad police have registered a case of abetment to suicide in Nitin Desai's suicide case. A notice to the MD of Edelweiss Company was also sent. He is being called for questioning today. On August 04, the Raigarh Police booked five in the Nitin Desai suicide case including officials from the ECL Finance Company and Edelweiss. A case was also



registered against these five under the Indian Penal Code (IPC) Sections 306 (abetment to suicide) and 34 (common intention).

In the notice issued by the Raigarh Police, ECL Finance Company/ Edelweiss Group's MD has been to appear on August 8 at 10 am before the inquiry officer at the Khalapur police station. In the investigation, Edelweiss' MD will be interrogated regarding the Nitin Desai case along with the company's rules and policies on providing loans and its recovery.

Khalapur police have once again sent notice to the MD and officials of Edelweiss Company. On August 11, the MD of the company will be called for questioning and is directed to appear again with documents. The MD and other officials were examined from 10 am today and were there till 6:30 in the evening.