Mumbai, Cricketer siblings Hardik and Krunal Pandya's stepbrother Vaibhav, who was arrested for allegedly cheating them of ₹4 crore in a business venture, on Friday told a Mumbai court the entire matter was a family one and just a misunderstanding.
Vaibhav Pandya made the submission through his lawyer during his remand hearing.
His police custody was extended till April 16.
He was held by Mumbai police's Economic Offences Wing on Monday on the charges of criminal breach of trust, criminal intimidation, criminal conspiracy, forgery and other relevant sections.
He was produced before additional chief metropolitan magistrate L S Padhen at the end of his initial police remand on Friday.
During the hearing, Vaibhav's lawyer Niranjan Mundargi told court "it was a family matter and the case has been filed due to misunderstanding" and added that efforts were on to resolve the matter.
Mundargi further submitted that his client was cooperating with the probe and had no objection to the remand extension sought by police.
The EOW had sought further remand for seven days claiming that the probe was not complete and material information had not been recovered from the accused as yet.
The magistrate, after hearing both sides, noted the probe agency has shown progress in the investigation and it needed more time to interrogate the accused as there were various financial aspects connected to the case.
According to police, Vaibhav, Hardik and Krunal set up a polymer business in partnership in Mumbai in 2021. While Hardik and Krunal invested 40 per cent of the capital each, Vaibhav invested 20 per cent and the profit-loss was fixed in the same 2:2:1 ratio.
As per police, it was decided that Vaibhav would handle daily operations of the business, but he allegedly set up another firm involved in the same business without informing Hardik and Krunal, in the process violating the partnership provisions.
Due to this development, profits of the original firm came down, which resulted in a loss of Rs 3 crore to Hardik and Krunal, while Vaibhav's own profit increased by 20-33 per cent.
The accused also allegedly diverted around ₹1 crore from the firm to his own account, police said, resulting in total loss of ₹4 crore to the cricketer siblings.
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You are 6-7 months away from appearing for the CAT 2026 exam. We know that this sounds a little overwhelming for many candidates, but if you are a candidate who has not yet started their CAT preparation, then this time is the peak where you can make a right go-for-it strategy for cracking such a competitive exam in nature for the management domain. Many candidates are new to this preparation journey, but the best part is there are several strategies, guides and top resources that are really helpful to you if you select the right platform to start with.
You will see around many candidates who might be scared of VARC/DILR/QA, as per their interests. Maybe if VARC is easy for someone but the others are altered, they get stuck for the other two sections or vice versa. This article comes with a strategy that helps you to choose the right resources to continue your CAT 2026 preparation even if you haven’t started yet.
When you are preparing for the competitive exams like the Common Admission Test, there are several resources that you should keep in mind, including the peer-learning environment in the form of the largest community, the best CAT online coaching in India and more. Have seen around many aspirants get attracted towards iQuanta’s CAT preparation community to start their journey with. Let’s discuss the strategy to start with the CAT preparation journey in a detailed manner.
How Can You Start Your CAT 2026 Preparation?
The Common Admission Test is highly competitive in nature because the top IIMs or B-schools in India accept candidates based on various parameters, and the selection probability is also very low. The initial preparation plan for the CAT exam requires the understanding of the CAT syllabus in depth across the VARC, DILR and QA. As per the past year's CAT exam paper, the VARC section comprises 24 questions, followed by 22 questions in DILR and 22 questions in QA.
There are several points mentioned here that are really helpful for you during CAT preparation:
- Understanding the CAT syllabus in-depth across the VARC, DILR and QA. With what are the weightage covered across sections and majorly focused domain.
- The QA section requires rigorous practice from the candidates across important sections, including Arithmetic, Algebra, Modern Maths, Geometry and Number System. Among all the topics, Arithmetic and Algebra both considered as super important for the candidates that they should not afford to left while preparing for the CAT 2026. Because as per the past year CAT exam analysis, major questions appeared from these sections only.
- Next comes the other important section, i.e., LRDI. This section comprises logical sets which can be tackled if practice sessions are taken into consideration properly. Candidates can plan the consistent preparation strategy across Logical Reasoning and Data Interpretation.
- VARC is further classified as Reading Comprehension and Verbal Ability. The main strategy for covering this section is by building daily reading habits and solving PYQs, which really matters the most.
Step-by-Step CAT 2026 6-7 Month Preparation Guide
6-7 months is all you have got for your CAT 2026 target 99%ile. With little time left, it is important to move in the right direction and start preparing now. Based on iQuanta CAT toppers' preparation strategies, which helped them attain their dream IIMs and top B-schools, here is a step-by-step CAT 2026 6-7 month preparation guide.
Step 1 - Identify your weak areas and take a trial mock test to see where you stand.
Step 2 - Live classes are really helpful for you to explore topics for consistent preparation across the section. iQuanta uses the dual-pedagogy approach to a streamlined preparation strategy for candidates.
Step 3 - Build conceptual clarity, work on your weak areas and develop problem-solving speed to boost your confidence.
Step 4 - Join an online CAT community, resolve your doubts online, take help of online mentorship, and analyse mock tests to reduce mistakes and improve performance. Among candidates, iQuanta’s largest CAT preparation community is popular and overall builds the peer-learning environment.
Step 5 - Remain consistent by following a proper preparation schedule, staying motivated and utilising different types of resources available through the top coaching.
How the Best CAT Coaching Impacts Your CAT 2026 Preparation?
The CAT exam is written by students as well as working professionals across the domains. But planning a proper strategy is quite different as per the candidate. The working professional might not be able to give sufficient time due to workload in comparison to students. This is the main reason the CAT online coaching is a strategic approach for aspirants to be consistent, even if they get stuck due to any reason, to ensure smooth preparation. Now what are the major point that candidates should verify while starting their CAT preparation with the top CAT coaching in India. The following pointers needed to be covered, including the 24/7 doubt-solving support, specialized modules which help to build strong basics across the sections, top faculty across the domain, and outstanding results.
iQuanta is highly popular among the candidates for CAT preparation due to their dual-pedagogy teaching methodology, maximum number of 99+%ilers which resulted in an amazing performance, and more.
They have specialized modules such as Engineer’s VARC, Non-Engineer’s QA and LRDI Essentials, which are highly helpful for the candidates if they find difficulties building a strong foundation across the section. With such important resources it is quite important for the candidates that they should explore top CAT faculty at iQuanta, including Amit Panchmatia sir (CAT QA 100%iler & LLRDI 99%iler), Shabana ma’am (CAT VARC 99.5%iler), Raj Kumar Jha sir (6 times CAT QA 100%iler) and more.
Wrapping Up!
Preparing for the CAT exam is a strategic process but can be simplified if you take the right resources into consideration. So, balance across the section is quite important for the candidates to consider during CAT 2026 preparation. This is the best time when candidates can strategise their preparation journey with consistency with the help of the best CAT online coaching in India.
