New Delhi: Oil and Natural Gas Corporation Limited (ONGC) has issued a public notice warning stakeholders against an unauthorized entity operating under the name “ONGC INDIA,” which is falsely claiming association with the Maharatna PSU.
In a statement, ONGC clarified that the entity has no relationship, affiliation or association with the Corporation, its subsidiaries or Group companies. The use of the name “ONGC INDIA” and related representations is unauthorised and appears to be aimed at misleading stakeholders for wrongful gain .
The oil major has cautioned government authorities, vendors, contractors, banks, financial institutions and the general public to immediately desist from engaging in any dealings with the said entity or with individuals or organisations claiming links with ONGC under this name. ONGC said any transactions undertaken with such entities would be entirely at the risk of the concerned parties, and the Corporation would not be liable for any loss or damage arising from such dealings.
ONGC has also urged individuals or organisations who may have encountered or engaged with the fraudulent entity to report the matter along with relevant documentary evidence, enabling the Corporation to initiate appropriate legal action. The PSU added that it reserves the right to take stringent civil and criminal proceedings against those involved in impersonation, misrepresentation, cheating and fraud.
Reiterating its commitment to transparency and integrity, ONGC said it remains focused on safeguarding the interests of its stakeholders and preventing misuse of its name and reputation.
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