Mohali: Ludhiana man booked for forging hypothecation documents
Mohali, Aug. 2 -- A Ludhiana resident has been booked for allegedly forging a bank no-objection certificate (NOC), getting the hypothecation removed from a car's registration certificate (RC) and selling the vehicle as loan-free, cheating a Zirakpur-based used-car dealer of Rs.5.7 lakh.
The accused has been identified as Deepak Chawla, a resident of Kripal Nagar, Ludhiana. The FIR was registered on Friday at Zirakpur police station following a complaint by Ajay Nain, a Panchkula resident who operates a used-car dealership associated with Cars24 in Zirakpur.
According to the complaint, Chawla approached the dealership on August 4, 2025, to sell a Maruti Swift bearing registration number PB-10-JX-8964. He allegedly claimed that the vehicl...
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