The Calcutta high court on Friday quashed a criminal case against NRI industrialist Lord Swraj Paul and his son Angad Paul in relation to shares of Caparo Maruti Limited.
Justice P N Sinha quashed the FIR filed by Machino Finance, a company held by Lord Paul's relative M D Jindal, at Alipore police station in Kolkata.
Machino Finance had alleged in the FIR, filed in April 2005, that shares held by it and Machino Plastic in Caparo Maruti Limited, which manufactures steel sheets for Maruti Udyog Limited since 1994,