S.
DATE OF ORDER
PERSON
ENTITY
COMPETENT AUTHORITY
REGULATORY CHARGES
REGULATORY ACTION(S) / DATE OF ORDER
FURTHER DEVELOPMENTS
1
26-FEB-2026
ABHILASHA JAIN
CBI
PREPARED FALSE VOUCHERS/CHEQUES IN FAVOUR OF LIC OF INDIA AND DEPOSITED AS PREMIUM IN LIC POLICIES OF SELF OR HIS WIFE MS.ABHILASHA JAIN AND FAMILY MEMBERS/ RELATIVES/ KNOWN PERSONS THEREBY CAUSING A WRONGFUL LOSS OF 3.92 LAC (APPROX.) TO LIC INDIA
RIGOROUS IMPRISONMENT FOR FIVE YEARS AND FINE RS.1,46,000
2
26-FEB-2026
ALOK AGARWAL
CBI
OBTAINED LOAN FACILITIES FROM BANK AND SUBSEQUENTLY DIVERTED MONEY TO FAKE COMPANIES WITHOUT GENUINE GOODS TRANSACTION THEREBY CAUSING A WRONGFUL LOSS OF RS.5 CRORE (APPROX.) TO VIJAYA BANK (NOW BANK OF BARODA)
RIGOROUS IMPRISONMENT FOR SEVEN YEARS AND FINE RS.5,00,000
3
26-FEB-2026
BHUPESH TAGORE
LIFE INSURANCE CORP.OF INDIA
CBI
PREPARED FALSE VOUCHERS/CHEQUES IN FAVOUR OF LIC OF INDIA AND DEPOSITED AS PREMIUM IN LIC POLICIES OF SELF OR HIS WIFE MS.ABHILASHA JAIN AND FAMILY MEMBERS/ RELATIVES/ KNOWN PERSONS THEREBY CAUSING A WRONGFUL LOSS OF 3.92 LAC (APPROX.) TO LIC INDIA
RIGOROUS IMPRISONMENT FOR TEN YEARS AND FINE RS.1,21,000
4
26-FEB-2026
MAHENDRA KUMAR JAIN
LIFE INSURANCE CORP.OF INDIA
CBI
PREPARED FALSE VOUCHERS/CHEQUES IN FAVOUR OF LIC OF INDIA AND DEPOSITED AS PREMIUM IN LIC POLICIES OF SELF OR HIS WIFE MS.ABHILASHA JAIN AND FAMILY MEMBERS/ RELATIVES/ KNOWN PERSONS THEREBY CAUSING A WRONGFUL LOSS OF 3.92 LAC (APPROX.) TO LIC INDIA
RIGOROUS IMPRISONMENT FOR TEN YEARS AND FINE RS.1,46,000
5
23-FEB-2026
F.HAMEED (AKA.UBAIDULLAH)
CBI
OBTAINED MULTIPLE PASSPORTS IN FICTITIOUS NAMES BY IMPERSONATING HIMSELF AND SUBMITTING FORGED DOCUMENTS TO CHEAT CUSTOM DEPARTMENT
IMPRISONMENT FOR FOUR YEARS AND FINE RS.20,000
6
23-FEB-2026
F.HAMEED (AKA.UBAITHULLAH KHAN FAIZAL)
CBI
OBTAINED MULTIPLE PASSPORTS IN FICTITIOUS NAMES BY IMPERSONATING HIMSELF AND SUBMITTING FORGED DOCUMENTS TO CHEAT CUSTOM DEPARTMENT
IMPRISONMENT FOR FOUR YEARS AND FINE RS.20,000
7
23-FEB-2026
UBAIDULLAH (AKA.F.HAMEED)
CBI
OBTAINED MULTIPLE PASSPORTS IN FICTITIOUS NAMES BY IMPERSONATING HIMSELF AND SUBMITTING FORGED DOCUMENTS TO CHEAT CUSTOM DEPARTMENT
IMPRISONMENT FOR FOUR YEARS AND FINE RS.20,000
8
23-FEB-2026
UBAIDULLAH (AKA.UBAITHULLAH KHAN FAIZAL)
CBI
OBTAINED MULTIPLE PASSPORTS IN FICTITIOUS NAMES BY IMPERSONATING HIMSELF AND SUBMITTING FORGED DOCUMENTS TO CHEAT CUSTOM DEPARTMENT
IMPRISONMENT FOR FOUR YEARS AND FINE RS.20,000
9
23-FEB-2026
UBAITHULLAH KHAN FAIZAL (AKA.F.HAMEED)
CBI
OBTAINED MULTIPLE PASSPORTS IN FICTITIOUS NAMES BY IMPERSONATING HIMSELF AND SUBMITTING FORGED DOCUMENTS TO CHEAT CUSTOM DEPARTMENT
IMPRISONMENT FOR FOUR YEARS AND FINE RS.20,000
10
23-FEB-2026
UBAITHULLAH KHAN FAIZAL (AKA.UBAIDULLAH)
CBI
OBTAINED MULTIPLE PASSPORTS IN FICTITIOUS NAMES BY IMPERSONATING HIMSELF AND SUBMITTING FORGED DOCUMENTS TO CHEAT CUSTOM DEPARTMENT
IMPRISONMENT FOR FOUR YEARS AND FINE RS.20,000
11
09-FEB-2026
V.V.N.SASTRI
CANARA BANK
CBI
SANCTIONED TWICE CANMOBILE LOAN OF RS.5 LAC FOR PURCHASE OF SAME VEHICLE BY PRESENTING FALSE AND FORGED DOCUMENTS
IMPRISONMENT FOR ONE YEAR AND FINE RS.70,000 ALONG WITH OTHER ENTITIES/PERSONS
12
09-FEB-2026
YASIN K.SHEIKH
CBI
SANCTIONED TWICE CANMOBILE LOAN OF RS.5 LAC FOR PURCHASE OF SAME VEHICLE BY PRESENTING FALSE AND FORGED DOCUMENTS
IMPRISONMENT FOR ONE YEAR AND FINE RS.70,000 ALONG WITH OTHER ENTITIES/PERSONS
13
30-JAN-2026
AMIT MURARILAL GUPTA
SHREE SAI IMPEX
CBI
CLAIMED REBATE BY SUBMITTING FORGED DOCUMENTS AS REAL EXPORT DOCUMENTS THEREBY CAUSING A WRONGFUL LOSS OF RS.1.18 CRORE (APPROX.) TO CENTRAL EXCISE, SURAT
IMPRISONMENT FOR THREE YEARS AND FINE RS.50,000
14
30-JAN-2026
SAMIR FATEH MOHAMMAD IMMAMUDIN
SHREE SAI IMPEX
CBI
CLAIMED REBATE BY SUBMITTING FORGED DOCUMENTS AS REAL EXPORT DOCUMENTS THEREBY CAUSING A WRONGFUL LOSS OF RS.1.18 CRORE (APPROX.) TO CENTRAL EXCISE, SURAT
IMPRISONMENT FOR THREE YEARS AND FINE RS.50,000
15
30-JAN-2026
TEJAS ARVINDBHAI DESAI
SHREE SAI IMPEX
CBI
CLAIMED REBATE BY SUBMITTING FORGED DOCUMENTS AS REAL EXPORT DOCUMENTS THEREBY CAUSING A WRONGFUL LOSS OF RS.1.18 CRORE (APPROX.) TO CENTRAL EXCISE, SURAT
IMPRISONMENT FOR THREE YEARS AND FINE RS.50,000
16
16-JAN-2026
BRIJESH KANODIA
CBI
DEFRAUDED NEW INDIA ASSURANCE CO.LTD. BY SUBMITTING FAKE INSURANCE CLAIMS THEREBY CAUSING A WRONGFUL LOSS OF RS.9.82 LAC
IMPRISONMENT FOR TWO YEARS AND FINE RS.25,000
17
16-JAN-2026
N.K.SINGHAL
NEW INDIA ASSURANCE CO.LTD.,THE
CBI
DEFRAUDED NEW INDIA ASSURANCE CO.LTD. BY SUBMITTING FAKE INSURANCE CLAIMS THEREBY CAUSING A WRONGFUL LOSS OF RS.9.82 LAC
IMPRISONMENT FOR THREE YEARS AND FINE RS.2,30,000
18
16-JAN-2026
NEERAJ KAPOOR
CBI
DEFRAUDED NEW INDIA ASSURANCE CO.LTD. BY SUBMITTING FAKE INSURANCE CLAIMS THEREBY CAUSING A WRONGFUL LOSS OF RS.9.82 LAC
IMPRISONMENT FOR THREE YEARS AND FINE RS.95,000
19
16-JAN-2026
SANJAY KUMAR JAIN
CBI
DEFRAUDED NEW INDIA ASSURANCE CO.LTD. BY SUBMITTING FAKE INSURANCE CLAIMS THEREBY CAUSING A WRONGFUL LOSS OF RS.9.82 LAC
IMPRISONMENT FOR THREE YEARS AND FINE RS.95,000
20
13-JAN-2026
ANIL JINDAL
SRS REAL INFRASTRUCTURE LTD.
SRS REAL ESTATE LTD.
CBI
FRAUDULENTLY OBTAINED CREDIT LIMIT/LOAN OF RS.152 CRORE AND SIPHONED OFF THE FUNDS FOR OTHER THAN THE PURPOSE FOR LOAN SANCTIONED THEREBY CAUSING A WRONGFUL LOSS OF RS.135.15 CRORE TO CANARA BANK
RIGOROUS IMPRISONMENT FOR FIVE YEARS AND FINE RS.1,20,000
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
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