Fund Diversion Allegations Surface Against Siddhartha Sharma: Court Grants Garima Garg Rights Over Zubeen’s Assets

The court issued a succession certificate for select bank accounts and investments linked to the late singer, while allegations against his manager surfaced in related proceedings

Guwahati: Allegations of fund diversion against Siddhartha Sharma, manager of late Assamese singer Zubeen Garg, have surfaced in related legal proceedings, even as a court in Guwahati granted Garima Garg a succession certificate for select financial assets left behind by the singer.

The order was passed by the Court of the District Judge, Kamrup (Metropolitan), on a petition filed under the Indian Succession Act, 1925. Garima Garg sought rights over debts and securities left behind by her husband following his death in Singapore on September 19, 2025.

According to submissions before the court, Sharma is accused of diverting funds meant for the singer and misappropriating payments received from Bihu committees. It was alleged that only around Rs 9 lakh remains in Zubeen Garg’s accounts, while Sharma’s accounts contain funds amounting to several crores. A further claim stated that Rs 32 lakh paid by Bihu committees last year had been diverted.

The court has not adjudicated upon these allegations. Sharma has meanwhile approached the Supreme Court seeking transfer of the trial outside Assam, and the plea remains pending before the apex court.

In the succession case, the court noted that Garima Garg is the legally married wife of the deceased and recorded that Zubeen Garg’s father, Mohini Mohan Borthakur, and sister, Palme Borthakur, had no objection to the issuance of a succession certificate in her favour.

The court subsequently granted her rights over two Standard Chartered Bank accounts, a mutual fund investment operated through the bank and an ICICI Bank account held in the name of Eye Creations.

However, it declined to issue a succession certificate for Zubeen Garg Music LLP and the joint venture Green Rhinos, observing that benefits arising from those entities would be governed by partnership agreements and applicable laws.

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