A complaint had been filed on behalf of Inshaallah Investment

Thai investigators blamed the suicide on domestic issues, saying he had had a fight with his wife.Slym jumped out of a posh Bangkok hotel window in January 2014. The case related to his suicide is being probed by the CBI.. A complaint had been filed on behalf of Inshaallah Investment, a Tata Finance subsidiary, alleging that Pendse issued cheques for Rs 2 crore to brokers for payment of personal transactions of a former company director. The Matunga police have registered an accidental death report and a probe is on, she said.In February 2003, Pendse, who was with Tata Finance for long, was arrested by the Delhi Police for alleged involvement in misappropriation of Rs 2 crore.Mumbai: The dismissed managing director of Tata Finance, Dilip Pendse, allegedly committed suicide at his office in Dadar, Mumbai, by hanging himself from a ceiling fan on Wednesday.Earlier, Tata Motors chief executive Karl Slym and an ex-spokesperson of Tata Steel Charu Deshpande had committed suicide in 2014 and 2013, respectively.While Slym, a US citizen, was the MD and CEO of Tata Motors at the time of his death, Deshpande was no longer associated with Tata Steel when he ended his life.The body was sent for autopsy at Sion Hospital, said DCP Rashmi Karandikar, Mumbai police spokesperson.The 58-year-old Deshpande, a former journalist who had worked with The Daily, Indian Express, Economic Times and Business & Political Observer before moving to corporate communications at ICICI Bank and Tata Steel, was found hanging from the ceiling fan of his Vasai home on June 28, 2013. Pendse was dismissed from Tata Finance in 2001 after the company arm ran huge losses and the group filed criminal charges against him. He had worked with Tata Steel till April 2013.The body of Pendse (61), who was fired by the Tatas in 2001 after his name cropped up in some roofing screw distributors illegal transactions, was found at his private office on the first floor of Royal Grace Building in Dadar East on Wednesday afternoon.In October 2014, the markets watchdog Sebi had found Pendse guilty of illegal trades and banned him from accessing capital markets for two years.

Curious Asked on November 24, 2020 in Events.
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