Fraud is one of the leading problems of our country. Thousands of cases registered all over India and thousands of cases are pending in courts of India. Recently in Mohali police also arrested one of the directors “Sanjay Gupta” of C&C Towers Limited a Delhi based Company in case of fraud for duping investors cores of rupees invested in State-of-Art AC ISBT project.

Mohali ISBT Criminal Fraud
Mohali ISBT Criminal Fraud

Facts of the case:-

In 2016 former Deputy Chief Minister Sukhbir Singh Badal inaugurated 350 core project named as “The State-of-Art AC ISBT”.

But the company left abandoned and maintenance operations of the project. Then investors lodged the complaint with the police and in 2018 F.I.R was registered against the chairman and directors of the company U/S 406,420 and 120-B of I.P.C.

In January 2019 another F.I.R was lodged against the company. One of the complainants Harpreet Singh resident of Chandigarh, approached the company in April 2013 for purchasing a property at ISBT.

The complainant alleged that he had paid the requisite fee and submitted all the required documents but the promoters failed to hand over the property.

In February report submitted by police in Punjab and Haryana High Court regarding action taken then Chahal claimed that police had conducted at various places raids to arrest  accused but failed every time.

The lookout circulars had been issued against the chairman Gurjeet Singh Johar, Directors Charanbir Singh Sethi and Sanjay Gupta.

Also Punjab State Consumer Disputes Redressal Commission issued non- bail able warrants and lookout notices against the chairman and chief general manger of the company constructing the ISBT in Phase VI.

Now after 9 months of lookout circulars issued against its top official’s one of the director of the company is arrested by the police. Now let’s see what will be the future steps of police for arresting other accused.

For more legal updates on consumer criminal complaints against the C&C Towers Limited Directors of Mohali ISBT Fraud stay tuned with LegalSeva. For more info dial -78883-56908.