Asrani’s family has been running Safal Group since 1994. In 2000, Jai Mata Di Home Constructions, a Safal Group company, sold 10% stake to Jadhwan.
MUMBAI: The Economic Offences Wing of the city police has arrested a PWD contractor-turned-builder who allegedly forged documents and stole the trademark of a company in which he was a partner earlier. Gobind Jadhwani (56), a resident of Chembur, has been remanded in custody till September 23.
According to a complaint filed by Varun Asrani, managing director of Safal Group, which is into real estate, Jadhwani transferred the company’s trademark into his personal name and threatened to sell it to third party if his retirement compensation package is not modified. Police sources said they are probing whether any official from the registrar of trademarks helped Jadhwani.
Asrani’s family has been running Safal Group since 1994. In 2000, Jai Mata Di Home Constructions, a Safal Group company, sold 10% stake to Jadhwani.
In 2015 Jadhwani retired voluntarily. He allegedly gave in writing that he received the full and final settlement.
Recently Asrani found that Jadhwani was using Safal Group’s trademark. He learnt from the Registrar of Trademarks (RoT) that Jadhwani renewed the trademark in July this year.
“During inquiries with the RoT it transpired that in 2006, when Jadhwani was one of the directors of Jai Mata Di Co, he allegedly submitted the company’s letter heads, balance sheets, brochures and other documents and registered Safal Group’s trademark in his own personal name,” investigating officer MV Lad told the court. Safal Group has sought Rs 30 crore for loss of reputation.