CHANDIGARH: The court of extra district and periods pass judgement on Rajeev Goyal disregarded the anticipatory bail plea of Manju Garg, director of AP Enterprises, and her son Shiv Garg, in a case where they were accused of dishonest Rs 6.5 crore from a Chandigarh-based businessman.
Garg had filed the appliance for bail on the flooring that she used to be now not actively involved in the trade of the company and he or she had now not in any means handled the transactions of complainant’s company. However, the complainant, Deepak Garg, a resident of Sector 40, Chandigarh, and director of Sylvan Greens Pvt Ltd, Solan, has alleged deep-rooted conspiracy against him and other similarly positioned firms/individuals, hatched by way of Narinder Garg, petitioner Manju Garg and their son Shiv Garg, a couple of years in the past. According to him, the 3 created other trade concerns and slowly diverted the funds of AP Enterprises to their other concerns and further took properties from the debtors of AP Enterprises into their particular person identify or other concerns and thereby additional diverting/siphoning of funds of AP Enterprises so as to claim it as insolvent and to cheat the quite a lot of creditors of AP Enterprises.
The complainant additionally said that he got here throughout some paperwork, that confirmed that the petitioner used to be now not a snoozing director, but used to be actively involved in the affairs of AP Enterprises and used to be additionally getting wage from AP Enterprises. The paperwork additionally display some of the belongings made by way of her from diverting the funds of AP Enterprises so as to cheat its creditors.
The grievance used to be filed by way of Deepak Garg, resident of Sector 40, Chandigarh, director of Sylvan Greens Pvt Ltd, Solan.
According to Deepak Garg, his company manufactures Kraft papers and the 3 approached his company for provide of Kraft papers in 2013. Although, first of all they made timely bills, progressively they started dilly-dallying and in July 2018, Deepak Garg’s company stopped the supply, as the 3 accused owed Rs 6,34,04,136 to him. He additionally alleged that although he used to be issued 25 cheques against his dues, the entire financial institution accounts of the accused used to be frozen.
Garg had filed the appliance for bail on the flooring that she used to be now not actively involved in the trade of the company and he or she had now not in any means handled the transactions of complainant’s company. However, the complainant, Deepak Garg, a resident of Sector 40, Chandigarh, and director of Sylvan Greens Pvt Ltd, Solan, has alleged deep-rooted conspiracy against him and other similarly positioned firms/individuals, hatched by way of Narinder Garg, petitioner Manju Garg and their son Shiv Garg, a couple of years in the past. According to him, the 3 created other trade concerns and slowly diverted the funds of AP Enterprises to their other concerns and further took properties from the debtors of AP Enterprises into their particular person identify or other concerns and thereby additional diverting/siphoning of funds of AP Enterprises so as to claim it as insolvent and to cheat the quite a lot of creditors of AP Enterprises.
The complainant additionally said that he got here throughout some paperwork, that confirmed that the petitioner used to be now not a snoozing director, but used to be actively involved in the affairs of AP Enterprises and used to be additionally getting wage from AP Enterprises. The paperwork additionally display some of the belongings made by way of her from diverting the funds of AP Enterprises so as to cheat its creditors.
The grievance used to be filed by way of Deepak Garg, resident of Sector 40, Chandigarh, director of Sylvan Greens Pvt Ltd, Solan.
According to Deepak Garg, his company manufactures Kraft papers and the 3 approached his company for provide of Kraft papers in 2013. Although, first of all they made timely bills, progressively they started dilly-dallying and in July 2018, Deepak Garg’s company stopped the supply, as the 3 accused owed Rs 6,34,04,136 to him. He additionally alleged that although he used to be issued 25 cheques against his dues, the entire financial institution accounts of the accused used to be frozen.
Court dismisses bail in Rs 6.5cr cheating case
![Court dismisses bail in Rs 6.5cr cheating case]()
Reviewed by Kailash
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February 08, 2019
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