The Karnataka Excessive Court docket on Tuesday (August 25) issued discover on a petition filed by Cult.match co-founder Rishabh Telang, looking for to quash an FIR registered in opposition to him by Bellanduru Police on allegations together with dishonest, forgery, prison breach of belief and falsification of accounts.
Justice M. Nagaprasanna directed notices to the State and complainant Deepak Poduval, who’s Telang’s brother-in-law and former enterprise affiliate. The matter has been listed for September 3, 2026.
The FIR was registered on August 6 following Poduval’s criticism regarding the takeover of Cult Health Non-public Restricted and its subsequent hanging off.
Telang and Poduval have been founder subscribers of Cult Health. In accordance with Telang’s case, the occasions forming the idea of the criticism passed off between 2016 and 2019, when Cult Match Healthcare took over the enterprise of Cult Health, which was subsequently struck off in 2019.
Senior Counsel Sandesh Chouta, showing for Telang, argued that the criticism was filed almost 10 years after the alleged occasions, regardless of Poduval having information of the transactions.
“…R2 says that Cult Match Healthcare took over Cult Health Pvt. Ltd. in 2016, ultimately Cult Health was struck off on 18.05.2019. In accordance with R2, these occasions occurred with out his information…after 10 years he recordsdata a criticism,” Chouta submitted.
He additional instructed the Court docket that Poduval had held 20% fairness and had consented to the transactions, together with the switch of logos, and had subsequently obtained roughly ₹1 crore.
“He had no objection to logos going to new firm. He receives a sum of 1 crore. In 2017, he indicators task deeds which was accompanied with consideration, and there are arbitration clauses in case of dispute,” the counsel submitted.
The Court docket famous on the outset that solely a discover below Part 35 of the Bharatiya Nagarik Suraksha Sanhita (BNSS) had been issued to Telang and that there was no apprehension of his arrest at current.
The Court docket, nonetheless, didn’t keep the investigation and issued emergent discover to the State and Poduval.
The case considerations allegations that paperwork regarding the switch of Cult Health’ enterprise and its subsequent closure have been solid. Poduval has alleged that his signatures have been fabricated on firm paperwork.
The proceedings come shortly after Cult.match filed draft papers for its proposed preliminary public providing (IPO).
Case Title: Rishabh Telang v. State of Karnataka & Anr.
Case No: CRL.P 12738/2026
