’Shivkrupa’ Credit Society Management Under Police Investigation Scanner
Mumbai, June 23 (Representative): The Chairman of ‘Shivkrupa Sahakari Patpedhi Limited, Mumbai’, Gorakh Chavan, and his associates have landed in major legal trouble for misleading the Official Sub-Registrar and the court by showing a deceased borrower as alive on paper. Taking serious note of this fraud, the Vikhroli Metropolitan Magistrate Court has ordered a police inquiry into the concerned individuals and directed the registration of a case under Section 175 of the Bharatiya Nyaya Sanhita (BNS).
According to details, Pramod Shirodkar had taken a loan from the Shivkrupa Credit Society. Following his demise, the credit society had even recovered the ‘death claim’ (insurance amount) from his life insurance. This means the credit society administration was fully aware that the borrower was deceased. Despite this, the institution’s Chairman Gorakh Chavan, Vice Chairman Chandrakant Vanjari, Chief Executive Officer Rajendra Shete, Senior Manager Sudam Jadhav, and Recovery Officer Ashok Phadtare conspired together. By falsely portraying the borrower as alive, they illegally obtained recovery orders from the Official Sub-Registrar of Co-operative Societies and the Metropolitan Magistrate.
Exasperated by this harassment, the deceased borrower’s legal heir and complainant, Prahlad Shirodkar, approached the court. This shocking incident came to light following a criminal petition filed through his advocate.
”Despite knowing that my father had passed away and the institution had even claimed his insurance, the officials of the credit society showed him alive on paper solely to harass us and make illegal recoveries. This is a gross insult to the court and the government machinery. We have received justice and relief due to the Magistrate’s order.”
— Prahlad Shirodkar (Complainant)
Following the court’s order, the Vikhroli Police have initiated an investigation into the matter. Since it prima facie appears that the accused conspired to commit fraud, breach of trust, and contempt of court, the entire management, including the credit society’s Chairman Gorakh Chavan, is now caught in the web of the police probe. This scam has sent shockwaves through the co-operative sector.
