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Chennai Court Recalls Non-Bailable Warrant Against IdeaForge Executive

  • The Metropolitan Magistrates Court of Siadapet in Chennai recalled the non-bailable warrant issued against the CFO of IdeaForge Technology and accepted the copies of sureties furnished by other executives of the company.
  • In a previous hearing, the court had asked the company and its higher executives to execute a bond with sureties for a sum of Rs 25,000. The sureties were furnished, and the non-bailable warrant was recalled.
  • The case involves charges of criminal breach of trust, cheating, dishonestly inducing delivery of property, tampering with computer source documents, computer-related offenses, and damage to computer systems.
  • IdeaForge Technology is an Indian unmanned aerial vehicle manufacturing company ranked third in drone manufacturing by Drone Industry Insights.

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