Allcargo Logistics ’s wholly owned subsidiary, ALX Shipping Agencies India, has filed complaint against its own CEO and a business associate for alleged financial irregularities.

According to a regulatory filing, the complaint filed with the Economic Offences Wing (EOW), Mumbai seeks criminal proceedings against Sandeep Bakshi, CEO of ALX Shipping Agencies, and Vishal Mehta, owner and promoter of Rushabh Sealink and Logistics, a customer of Aladin Express DMCC for which ALX works as an exclusive agent.

However, Vishal Mehta has also filed separate complaints against multiple entities, including ALX.

Company flags unauthorised deals worth Rs 10 crore

ALX said it had received a legal notice from Vishal Mehta demanding large monetary claims. Following this, a preliminary internal investi

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