According to police sources, water was found in Siddhartha's lungs and his death was due to drowning.
The BJD leader in Lok Sabha Pinaki Mishra referred to Siddhartha’s suicide while taking part in the discussion.
Sitharaman said that businessmen should get honourable exit or resolution to the problem in letter and spirit of the Insolvency and Bankruptcy Code .
Sources from the police said that the sleuths have collected documents related to Siddhartha’s case and also contacted the former Director-General of I-T.
Earlier, it had bagged a two-year contract, valued at `50 crore for surface mining and transportation of six million tonne of coal at Lajkura mines in the State.
Business watchers and competitors alike saw Café Coffee Day (CCD) as a successful brand.
Congress leader Abhishek Singhvi accused Prime Minister Narendra Modi of betraying the people who voted for an independent and hassle-free economy, shortly after Siddhartha's body was found.
The CCD founder's Sical Logistics Ltd is engaged in coal extraction and transportation to various sites of Mahanadi Coalfields Ltd (MCL).
Chief Minister B S Yediyurappa, former ministers M B Patil, D K Shivakumar. MLA C T Ravi and others had the glimpse of Siddhartha, who died under mysterious circumstances.
Cafe Coffee Day Enterprises shares further plummet 20 per cent; hit lowest trading permissible limit
At the NSE, it dropped 20 per cent to hit its one year low as also its lower limit of Rs 122.75. In two days, the company's market valuation has tanked by Rs 1,463.32 crore.
The body was found about five kilometres from where VG Siddhartha had gotten down from the car that dropped him.
In a regulatory filing, the company Coffee Day Enterprises Ltd said the board had decided to “ensure continuity of all business operations consistent with past behavior.”
In his alleged letter to the board, Siddhartha has said he was under other kinds of pressure.
The son of a coffee grower Gangaiah Hegade, he ruled the coffee empire for over two decades.
I-T Department says Cafe Coffee Day owner Siddhartha accepted holding black money, disputes his signature on letter
V G Siddhartha, who went missing on his way to Mangaluru from Bengaluru in Karnataka, said there was a lot of harassment from the previous DG of the Income Tax Department.