Cult Fitness co-founder alleges forgery and unpaid stake by Rishabh Telang
Deepak Poduval, the former co-founder and brother-in-law of Cult founder Rishabh Telang, has accused him of faking his signatures to dissolve the initial Cult Fitness entity, according to a Moneycontrol report. Poduval claims that his 50% ownership was wiped from official records using these fraudulent documents, leaving him without any payment. He stated that he uncovered the issue after checking filings on the Ministry of Corporate Affairs website.