Mohali, Oct. 10 -- A pharmaceutical firm's operations manager escaped after a Delhi businessman and his associates allegedly kidnapped him at gunpoint over an outstanding payment of Rs.85 lakh, took him to a hideout in New Chandigarh and assaulted him while demanding the money from his employer.

Phase-1 police registered a case against Binod Kumar Nigam, who runs Nigam Global Medi Sciences in Delhi's Shastri Nagar, and his alleged accomplices Amit, Maya, Vicky and three to four unidentified persons following a complaint by Dilpreet Singh, the owner of Elfin Drugs Pvt Ltd in Industrial Area Phase 8B.

According to the complaint, Nigam had supplied raw materials to the company and was demanding around Rs.85 lakh in pending dues. He alleged...