Bombay High Court Compels Motilal Oswal Financial Services Ltd. to Apologize
• Late Chargesheet ? Court Slams State Delay
• Motilal Oswal Financial Services Ltd. Fails to Obstruct Police Probe
Unmesh Gujarathi
Sprouts News Exclusive
Contact: +91 9322755098
Motilal Oswal Financial Services Ltd. (MOFSL) faces serious judicial scrutiny in a false sexual shaming & sexual defamation case involving a senior woman employee. The Bombay High Court repeatedly criticized MOFSL’s Courtroom antics, misuse of legal process, and attempts to suppress police investigation. Despite multiple Court whips, MOFSL continued Court manipulation, leading to strong judicial observations and remarks.
MOFSL Forced to Apologize to Bombay High Court
The Bombay High Court compelled Motilal Oswal Financial Services Ltd. (MOFSL) to submit a written apology after the woman complainant alerted the Registrar, wherein MOFSL had allegedly tampered with Court documents, & that too without the Court’s prior permission or knowledge — An act the Court viewed with gravity.
For over four months, the Court repeatedly demanded a chargesheet from the police in the sexual defamation & sexual shaming FIR filed against MOFSL. The Court never ever gave a stay-order against MOFSL or any permanent relief either. MOFSL may have an ad-interim relief, yes. However permanent relief is different from ad-interim relief. By no way does a protection from arrest mean that the cops should not investigate or should not submit a chargesheet. Nor does it mean that the crime has not happened.
It simply means that the investigation & chargesheet have to continue, without an arrest at the intial stage. An arrest can always be shown at a later stage, when the Court has more clarity. Chargesheet itself means that the cops have made a formal statement to the Court that yes – Crime has happened & the State would indeed like to proceed with prosecuting the sexual criminals. The general public would not understand the interpretations of the prayers filed by MOFSL.
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MOFSL Tried to Block Police Probe; Bombay High Court Refused
In a writ petition seeking quashing of IPC 509 FIR, MOFSL urged the Bombay High Court to halt the police investigation against them. The Court rejected this plea unequivocally, stating that investigations will continue irrespective of any on-going petitions. The High Court also observed that Motilal Oswal Financial Services Ltd. legal team consistently prevented the eight males booked in the FIR from appearing before the bench – For obvious reasons. The Court was clear that the crime has indeed happened.
Moreover, MOFSL chose deliberately not to even serve a copy of the writ petition to the woman complainant, intending to exclude her from legal proceedings. The Court objected heavily and ordered MOFSL to amend the petition, include her as a party, and invite her challenges in the hearings, beacuse she may want to.
MOFSL Did Not Serve Certified FIR Copy To Public Prosecutor; Judges Intervene
In a troubling move, MOFSL did not share the certified FIR copy with the Public Prosecutor, while pursuing the FIR quashing. Nor had MOFSL informed the prosecution when they tried to seek the FIR quashing. The Bombay High Court admonished MOFSL. The Judges refused to tolerate such opacity and denied MOFSL it’s repeated attempts to get the FIR quashed, behind the woman’s back & behind the prosecution’s back.
Despite 3 Dadar IOs tried by Zone 5 DCP Pranaya Ashok, the Bombay High Court remained supremely dissatisfied with the police probe – Even after 15 months. The Court categorically told MOFSL to withdraw its writ petition & not seek the FIR quashing. MOFSL would not listen to the Court.
The Court then escalated the case to the Director General of Police (DGP), Maharashtra. Even after three years & DGP MH escalation, the chargesheet allegedly contains 38 glaring errors even today, which the Sprouts News Investigation Team (SIT) finds deeply concerning.
MOFSL Harassment Allegations Validated by City Civil Court
In a separate remark, the City Civil Court noted that MOFSL did not issue a pre-suit notice to the woman, before suing her for defamation — An unusual and aggressive move against a survivor of sexual shaming. Something that nobody else does. But only MOFSL does that. The woman informed the Court that she would like to withdraw the commitments she had made to the Court. The Court did acknowledge that she was being forced to withdraw her Court commitments, only due to the counter-blast harassment orchestrated by MOFSL, all behind the Court’s back.
Two Judges from the City Civil Court even wrote to the District Legal Services Authority (DLSA) at Mazgaon, recommending that the woman receive State provided free legal aid. MOFSL lawyers demanded that Judges should take an undertaking from her that she won’t apply for the legal aid. But the Judges were in no mood to listen to MOFSL. She did visit DLSA Mazgaon. However the legal aid is not applicable for civil defamation lawsuits. Hence she will have to fight this legal battle herself.
Police Handling, Procedural Lapses, and Zonal DCP Involvement
3 years ago Zone 5 DCP Pranaya Ashok gave the woman additional access to Shivaji Park police station too as extra support, because Dadar cops did not appear satisfactory even to the woman & even to the DCP himself. She did meet the cops at Shivaji Park, yet the FIR was pressed at Dadar later. Dadar Senior PI Mahesh Mugutrao was aware of these police station additions made by the DCP.
She went to the police again, this time Zone 5 DCP Manoj Patil. Her renewed police visits were after a gap of 9 months because she just could not take the counter-blast & out of Court harassment anymore, after battling it out in 3 Courts where MOFSL continued the tormenting.
Strangely Dadar IO Maanvir Pardeshi sent the woman a summon under section 160 CRPC to record her police statement. This was weirdly 15 months after she had already recorded her Magistrate statement at Sewri under section 164 CRPC. When legally it is supposed to be the exact opposite of this procedure. Dadar IO Maanvir Pardeshi wanted to record her police statement after the Bombay High Court sent the matter to DGP MH.
The Bombay High Court explained to Dadar IO Maanvir Pardeshi that in case of no genuine witnesses possible or available, the woman’s statement is to be relied upon & it is sufficient.
MOFSL Lawyers Can’t Be Legal Representatives If They Are Witnesses
The woman alleges that MOFSL lawyers Kanchi Vyas and Rohan Hadwale — Both involved in illegal recordings at St. Regis Hotel, acted as legal representatives of MOFSL in Courts as well as in front of the fake committee, while simultaneously being witnesses in police statements.
This violates basic legal principles, particularly in sexual crimes against women cases, where a woman’s self respect/modesty/procedural dignity are supposed to be protected by law. A witnesses cannot be a legal representative. After an FIR is booked in a sexual crime against a woman, even cops cannot record her – Without Court permission. But MOFSL unlawfully did.
Retired DCP Shirish Inaamdaar was the company’s original choice to be their Presiding Officer on the fake committee. When he refused to do a sham investigation, MOFSL brought in Retired ACP Sunil Deshmukh overnight. All these changes were done just 1 day prior to the woman’s fake hearing. MOFSL had not imagined these changes & this refusal even in their wildest dreams.
In the meanwhile MOFSL had already filed papers in both Courts using Retired DCP Shirish Inaamdaar’s name. Eventually he never even met her/never spoke to her/did not conduct the job of a Presiding Officer/never investigated her/never terminated her/never gave her a guilty verdict etc. Yet his name was intentionally & falsely used by MOFSL in Bombay High Court & City Civil Court case papers, despite his refusal.
Fake ICC Committee, Legal Manipulation, and Court Deceit
MOFSL conducted the fake Independent committee hearing a week after filing the defamation and writ petitions in both Courts — Without even waiting for due process. According to the woman, her case notes and a dozen formal objections raised in Courts & police stations, were later used by MOFSL to upgrade their weak POSH and Whistleblower policies within just four months of her termination.
MOFSL suspended the woman on-the-spot. But it takes them 14 days to form a fake committee. It takes them 5 weeks to hear her out. But within 5 days of a fake committee hearing, she was terminated as pre-planned. MOFSL was in the Bombay High Court within just 1 day of her pre-planned termination.
Her suspension email says 14 days. MOFSL City Civil Court defamation lawsuit & termination order say 21 days. A defamation lawsuit of 114 pages & a writ petition of 244 pages were ready for both Courts, just 1 day within the her termination.
MOFSL Retaliation: Sued Female Victim for ₹50 Lakhs
Just six days after she gave her police statement, MOFSL filed a ₹50 lakh defamation lawsuit against her in the City Civil Court, additionally demanding 18% interest. All this even before her fake hearing. Despite immense pressure, the woman refused to pay/apologize/back out/get scared. And chose instead to fight across three Courts.
The Sprouts News Investigation Team (SIT) has verified that Motilal Oswal Financial Services Ltd. CHRO/Executive Director/Board Member Sudhir Dhar and lawyer Rohan Hadwale, both booked in the FIR, were controlling every aspect of the fake committee.
Be it choosing the fake committee/talking to the fake committee on Zoom video calls/booking 5 star hotels/setting up illegal recordings at St Regis Hotel/emailing her all sorts of self made Terms & Conditions/representing MOFSL during the fake committee hearing/terminating her from the job/giving false media statements against her/filing Court papers against her & more.
Disturbing Claims Against MOFSL Legal Team
MOFSL lawyer Rohan Hadwale reportedly told Dadar police that the woman “places her hands on men’s laps”. This was reported by the media even 3 years ago. Audio recordings transcripts of these claims have been submitted to the cops & Courts.
MOFSL lawyer Kanchi Vyas wrote to the City Civil Court that the woman had sexual talks with her male colleagues, as per the MOFSL defamation lawsuit. Motilal Oswal lawyer Kanchi Vyas sat next to the woman during the illegal St Regis Hotel recordings. Because MOFSL lawyer Kanchi Vyas had already filed the City Civil Court papers even before the fake hearing happened. And was well aware that within a week, she will face the Judge.
Motilal Oswal Financial Services Ltd. lawyer Rahul Karnik did not even bother to pick up the woman’s reply on record – Notarized affidavit filed by her at the City Civil Court 4 months prior. Certainly not until the Bombay High Court sent the matter to the DGP MH. MOFSL does not even care about her reply honestly.
Motilal Oswal Financial Services allowed that the Bombay High Court writ petition papers be prepared by the same lawyer Rohan Hadwale, who was himself booked in the FIR. The exact same lawyer also prepared the termination order. In fact the contents of the writ petition & the termination order are a copy-paste job. Which means the fake committee did not even write the termination order. They simply signed the termination order written by the booked lawyer. It’s always a copy-paste trend at Motilal Oswal Financial Services Ltd. Whether Court papers/whether termination order/whether internal HR false sexual misconduct complaints/whether the police statements recorded by the men booked in the FIR & more.
Also Read: ICICI Bank Hits Accessibility Crisis: Delhi High Court Has Issued Notice.
Related Article: MOFSL Scandal: IPS Transferred, Fake ICC & Corporate Cover‑Up.
Related Article: MOFSL Scandal: POSH Bypassed, Fake ICC & the Hidden Conspiracy.
Related Article: POSH Scandal: The Shocking Motilal Oswal Financial Services Ltd. Probe Uncovered.
Workplace Culture and Character Assassination
MOFSL assigns a “welcome buddy” to new employees, asking them to spend an entire month together. MOFSL will then trash your close office equation with the buddy after you’ve spent a month with them – Just to character assassinate you. MOFSL trashed the woman’s character in the Bombay High Court saying … How can a girl get so friendly & comfortable with a male colleague within 1 month of joining ?
The Sprouts News Investigation Team (SIT) emphasizes that all Court submissions and police documents from the past three years must be treated with seriousness. These represent, in effect, the woman’s dying declaration made on record & in the public domain.
Final Note
Despite on-going judicial scrutiny and police probes, Motilal Oswal Financial Services Ltd. continues to face damning allegations of legal manipulation, character assassination, and violation of POSH laws. The Sprouts News Investigation Team (SIT) will continue monitoring the developments in this case with transparency, accuracy, and accountability.
