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12.  One   of   the   specific   allegations   levelled   against the   accused   persons   is   that   they   prepared   nine   stock statements of the said Company indicating different levels of eligible current assets, as on 31.10.2000, by inflating the value   of   current   assets   for   drawing   excess   amount   of working capital, to which the company was not entitled.

13.  In the complaint, it has been explained that three stock   statements   mentioning   different   values   of   current assets   ranging   between   Rs.121.41   crores   (Annexure   C­6) and   Rs.222.08   crores   (Annexure   C­7),   as   on   31.10.2000, were   signed   by   the   two   accused­petitioners   and   another. One   of   the   unsigned   stock   statement   showing   the   lowest inventory position prepared by the company officials, was of the value of the current assets at Rs.70.72 crores (Annexure C­8) as on 31.10.2000. Stock statement showing the value of current assets at Rs.121.41 crores was submitted to the banks viz. State Bank of India, Overseas Branch, New Delhi, Canara   Bank   Industrial   Finance   Branch   New   Delhi,   State Bank of Patiala, K.G. Marg, New Delhi and Indian Overseas Bank Parliament Branch, new Delhi.