Accused businessman was arrested by Kolkata Police from Delhi.
Mahendra Goenka, a businessman from Raipur, has been arrested in a case of fraud of around ₹1,000 crore in companies belonging to the family of Madhya Pradesh BJP MLA Sanjay Pathak.
Kolkata Police arrested him from Delhi and, after presenting him in court, has taken him on a 10-day remand.
This case is related to companies belonging to the family of BJP MLA Sanjay Pathak from Vijayraghavgarh in Katni.
It is alleged that Mahendra Goenka, a resident of Raipur, attempted to gain control over several companies of the Pathak family through forged documents and signatures. He committed fraud of around ₹1,000 crore.
Mahendra Goyanka was brought to Kolkata after arrest from Delhi.
Goyanka was associated with management in MLA’s company
According to police, Goyanka was previously working in a management position at the Pathak family’s company, Euro Pratik Steel India Private Limited.
It is alleged that during this time he committed financial irregularities and embezzled on a large scale by selling company goods.
Kolkata Police has registered an FIR in this case under IPC sections 420, 120-B, 467, 468 and 471 and taken action.
Cases also registered against businessman in Katni
Two cases of fraud are also registered against Mahendra Goenka and his associates in Katni, Madhya Pradesh. The anticipatory bail petitions of the associate directors have already been rejected by the Supreme Court. According to the police, some of these accused have been absconding for a long time.
NCLT had also made strict remarks
On May 9, 2025, the Mumbai bench of the National Company Law Tribunal (NCLT) made strict remarks in an order regarding allegations of financial embezzlement linked to Mahendra Goenka and his wife Meenu Goenka.
Apart from this, cases of financial irregularities related to Goenka’s other company, Nisarg Ispat, have also been under investigation.
