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Two separate FIRs have been filed for alleged fraud against Gurugram based reputed real estate developer Vatika Limited and its managing directors.
An FIR has been registered at the Sector 10-A police station for Rs 133 crore rupees fraud, while one more has been registered at the Kherki Daula police station for Rs 36 lakh rupees cheating. Both FIRs were filed on the advice of the police’s economic offences wing (EOW).
In the case of Rs 133 crore fraud, a Noida-based builder company, Assotech, claimed that in 2012, the Vatika builder agreed to set up a group housing society on the Noida firm’s over 10 acres in Gurugram’s Sector 88 area.
The agreement was all about Rs 144 crore, of which the Noida company gave the builder Rs 133 crore, but Vatika did not follow through. According to the complaint, M/s Assotech Limited of Noida filed a petition in a Noida court.
The court ordered the filing of a FIR, which was completed on September 6, 2017 at the Sector 24 police station in Noida. Because the land was in Gurugram’s Sector 88, the file was sent to the Gurugram police, and the investigation was assigned to the EOW in October 2022.
M/s Vatika Limited and its directors Anil Bhalla, Gautam Bhalla, Brij Kishore Sing, Vijender Kumar, and CFO Manish Agarwal are accused of cheating in Rajeev Srivastava’s complaint.
“In 2012, the directors of reputed Vatika Limited approached the complainant company and claimed to be the absolute owners of the 10.043-acre plot of land, as well as having full rights to develop a group housing society.” An agreement was reached for Rs 144 crore, and by April 2013, after paying approximately Rs 30 crore, the agreement was signed on April 22, 2013, and work began.
In May 2013, the Haryana Vidyut Prasaran Nigam Limited (HVPNL) halted the complainant’s construction activities on the land and began work on the installation of a 400KV D/C HVPNL high-tension transmission line from 400 kV substation Daulatabad to 400 kV S/S Sector-72 Gurugram, passing through the construction site/group housing in question.
As a result, the company was forced to halt work at the site. The company informed the accused, who admitted their wrongdoing and assured the complainant that the HVPNL’s line would be rerouted within 180 days.
They demanded money again, and the complainant company paid a total of Rs 133 crore to Vatika Limited. Later, it was discovered that the plan to remove the high-tension line from here had been announced in the gazette in 2008, but the accused never informed the complainant about it and later threatened the complainant.
Source- Times of India