The commission further directed Global Entropolis Asia Pvt Ltd (GEAPL) and Shriram Properties Pvt Ltd to register and deliver the fully furnished 2,011 sq ft flat to the complainant.
MUMBAI: DHFL promoters Kapil and Dheeraj Wadhawan allegedly utilised “public money” for their “extravagant hobbies”, purchasing 25 paintings and a sculpture worth over Rs 63 crore, claimed the Enforcement Directorate’s chargesheet in multi-crore bank loan scam case. Besides the paintings, the loan amount was used for the purchase of gemstones, properties as well as 20 per cent stake in a helicopter, the chargesheet said. The Wadhawan brothers are accused of defrauding a consortium of 17 banks led by Union Bank of India (UBI) to the tune of Rs 34,615 crore. The federal probe agency recently filed its chargesheet against 17…
NEW DELHI: Markets regulator Sebi on Thursday said it will auction 30 properties of Rose Valley group of companies on June 27 at a reserve price of Rs 409 crore in a bid to recover money raised by the firm from the public through illicit schemes. The properties to go under the hammer include land with building, flats, resort, hotels and amusement park, buildings, plots and land parcels located in West Bengal, Andaman and Nicobar Islands, Tripura, and Bihar, the Securities and Exchange Board of India (Sebi) said in a notice. The e-auction will be conducted between 11 am and…
LUCKNOW: A man accused of orchestrating a massive real estate fraud racket targeting Army and paramilitary personnel was arrested by a joint team of the UP STF and Lucknow police. The accused, Pramod Kumar Upadhyay, 46, allegedly duped over 100 people by selling them fake or disputed plots of land across Lucknow and surrounding areas. The arrest took place on June 15 near Jyotinagar, when the STF received intelligence that Upadhyay would be visiting his now-defunct office near Kanha Upvan in Mohanlalganj to retrieve documents. A team led by additional SP (STF) Lal Pratap Singh apprehended him before he could…