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CWG deals: Ashish Patel banned till 2017 by RoCs

Last Updated: Tuesday, August 3, 2010 - 17:23

London: Ashish Patel, whose company is
involved in controversial dealing with the Commonwealth
Games Organising Committee, is already under a ban order by
the Registrar of Companies here.

As per information given by the UK Registrar of
Companies, he has been disqualified as a Director from March
17, 2010 to March 16, 2017.

The RoC has cited Section 7 of the Company Directors
Disqualification Act, 1986 for barring Patel.

The section particularly deals with disqualification
procedures and reasons for a director of an insolvent firm.

Patel is in the news after his firms -- AM Cars and
Vans and AM Films -- were allegedly paid 2.45 lakh pounds for
its "services" during the baton relay last year but
Commonwealth Games Organising Committee chairperson Suresh
Kalmadi in India has denied any wrong doings.

The dealings have come under the scanner here with the
revenue enforcement agencies investigating for any foul play.
Back in India, the Enforcement Directorate, which deals with
foreign exchange violation and money laundering, is also
investigating the case.

The controversy comes just days before the beginning
of the mega sporting extravaganza scheduled to begin from
October 3 in New Delhi.


First Published: Tuesday, August 3, 2010 - 17:23
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