N R Munjal, was arrested by Chandigarh Police on December 3 in connection with a forgery and cheating case, along with the non-payment of tax dues. He was sent to judicial custody in an alleged tax evasion case tuning to Rs 5.09 crore.
N.R Munjal is a leading name in the pharmaceutical and manufacturing industry. N.R Munjal is the vice chairman and managing director at Ind-Swift Laboratories Ltd and Vice Chairman of Ind-Swift Ltd. Ind-Swift has been in the market for over 30 years and has been delivering exceptional quality services to the customers. It ranks within the Top 50 Indian pharmaceutical companies.
The Ind-swift group consists of two major companies, which are- Ind-Swift Laboratories and Ind-Swift Ltd. Ind-Swift Laboratories (ISLL), manufactures and markets APIS and advanced intermediates. On the other hand, Ind-Swift is responsible for manufacturing and marketing finished dosage forms.