The Economic Offences Wing (EOW) of the Mumbai police has registered a case of cheating against four persons, including a former director and an ex-employee of Provogue India Ltd, for cheating the company of ₹90 crore, officials said on Wednesday.

Provogue India Ltd, based in Mumbai, manufactures and sells a wide range of products, including men's and women's apparel, accessories and luggage.

The accused persons were identified as former director of the company Rakesh Rawat, its former employee Sameer Khandelwal, resolution professional Amit Gupta, new purchaser Arpit Khandelwal, Plutus Investments and Holding Ltd and others, an official said.

The accused conspired with each other and allegedly undervalued the actual worth of the company's assets and deliberately delayed the auction pro

See Full Page