Case filed against directors and promoters of Amrapali Princely Estate for fraud
New Delhi: The Economic and Offences Wing (EOW) of Delhi Police has registered a case of cheating against the directors and promoters of Amrapali Princely Estate. Additional Commissioner of Police (EOW) Suvashis Choudhary told Millennium Post that they have registered a case and started their probe.
Police said that one Shekhar Bahadur has alleged that Amrapali Princely Estate private limited through its directors induced him to purchase flat under subvention scheme. It was assured that the company would pay 18 months EMI of home loan and after 18 months, the company would buy back the property with a minimum 10 per cent assured return. "Under this inducement, he booked two penthouses in August 2015 by taking a home loan from two banks," police said.
Police added that at that time,18 PDCs were handed over to the complainant as EMI of 18 months, which started bouncing since September 2016. Both the loan accounts of the complainant have become NPA now. He also came to know that the accused persons also sold his penthouse to one Ghan Shyam Rai by preparing false and forged documents. Additional CP said that that Ghan Shyam Rai has also given a complaint in which he alleged that Amrapali Princely Estate private limited, Shekhar Bahadur and bank officials have cheated him in connivance with each other. Police said that on the basis of pre-registration enquiry and contents of both complaints prima facia an offence punishable under sections 420,406, 120 B of IPC is made out.