Emaar MGF ex-MD, wife booked for fraud : The Tribune India

Join Whatsapp Channel

Emaar MGF ex-MD, wife booked for fraud

Accused of cheating DTCP by using forged documents

Emaar MGF ex-MD, wife booked for fraud


Gurugram, February 12

Emaar India has filed a police complaint against its former joint venture partner Shravan Gupta for allegedly cheating the company of Rs 180 crore through an illegal land deal using forged documents.

The FIR also names Gupta’s wife Shilpa Gupta, Rakshit Jain, Bishnu Kumar Singh, Prem Ranjan Choudhary, Chandra Bhushan Rai, Rajeev Gupta, MGF Developments Limited and Kayo Developers Private Limited. According to information, the former MD of the joint venture firm Emaar-MGF had also cheated the Department of Town and Country Planning (DTCP) of Haryana by “unfair transfer of land parcels using forged documents”. No official statement has been released by Gupta or any MGF representative so far. Dubai-based Emaar Properties had stepped into the Indian real estate sector in 2005 and launched several projects in Gurugram and other cities . The two partners parted ways in 2016. — OC


Top News

Iran fires air defence batteries in provinces as sound of explosions heard near Isfahan

Israel attacks Iran's air base, sources say, drones reported over Isfahan

Iran fires air defence batteries at Isfahan air base and nuc...

Central Consumer Protection Authority asks FSSAI to probe claim of Nestle adding sugar to baby products

Central Consumer Protection Authority asks FSSAI to probe claim of Nestle adding sugar to baby products

The National Commission for Protection of Child Rights (NCPC...

Lok Sabha elections: Voting begins in 21 states for 102 seats in Phase 1

Lok Sabha elections 2024: Voting under way in 102 seats, leaders urge people to turn up in large numbers Lok Sabha elections 2024: Voting under way in 102 seats, leaders urge people to turn up in large numbers

Polling for assembly elections in the north-eastern states o...


Cities

View All