EOW books Plutus holdings and its former employee of cheating Provogue clothing of Rs 90 crores

📅 Published: November 19, 2025 | 📂 Category: Uncategorized

Former Provogue promoters accuse Plutus Holdings and its employees of a ₹90 crore fraud during liquidation. Allegations include a conspiracy to undervalue assets, specifically a Hong Kong subsidiary, and failure to recover substantial export dues. The Economic Offences Wing is investigating the case, with an FIR registered against four individuals.


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