"The purchase order, invoices, ferry receipts, acknowledgement notes all had been forged to obtain the loans. The officials of the buying firms also corroborated the same as they had never entered into such agreement. Thus the alleged firm hatched a well planned conspiracy to cheat the complainant firm and forged the documents for the same. In view of apprehension that the directors of the alleged firm may try to run away, the immigration authorities all across the country were put on alert and a look out circular (LOC) was issued. On 21th February, one the directors of the firm, Shibaji Panja, was apprehended by Kolkota authorities at the airport," it said.