Court refuses to quash charges against insurance official
Additional Sessions Judge Sanjay Garg dismissed the appeal of former Senior Sales Manager Arvind Sagar of Bajaj Alliance Life Insurance Company Ltd, against the trial court's order framing charges of cheating and forgery against him.
According to the prosecution, Sagar had taken Rs 4,69,900 from complainant Sachin Bansal and his family members towards premium of seven insurance policies in 2007.
It said the complainant came to know from the insurance consultant of the company that the accused neither deposited the amount against these policies nor he issued any receipt to them.
Sagar allegedly had later on issued forged and fabricated receipts to the complainant against some of these policies.
The accused had challenged the trial court's order on framing of charges against him on the ground that Bansal was not the victim of any offence because he himself had surrendered the policy and his other family members had taken back the money deposited with the company.
He also alleged that he had resigned from the company in June 2007.
The court rejected his contentions saying that on the basis of the document submitted by the accused, it was not possible to conclude that he did not at all misappropriate any amount against these polices and deposited the requisite amount in the company.
"In view of the aforesaid reasons, I find no illegality and impropriety in the order of the trial court. Revision petition is found without merit and it is accordingly dismissed," the ASJ said.
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