India, Aug. 10 -- Deepak Poduval, co-founder of Cult Fitness Pvt Ltd, has filed an FIR against his former co-founder and brother-in-law Rishabh Telang, alleging forgery, cheating and criminal conspiracy in connection with a 2016 transaction involving the company's assets and intellectual property.

The FIR was registered at Bengaluru's Bellandur Police Station on August 6. Poduval has alleged that Telang forged his signatures on documents used to wind up Cult Fitness, the original company behind the Cult brand, according to a Moneycontrol report.

The dispute comes weeks after IPO-bound Cult.fit filed its draft red herring prospectus (DRHP), bringing a long-running dispute between its original co-founders into public focus.

Telang has de...