The Delhi Police on Wednesday late night arrested the son of late liquor baron Ponty Chadha, Manpreet Singh Chadha, from the Indira Gandhi International (IGI) airport in national Capital. The arrest was made after Economic Offense Wing (EOW) filed a First Information Report (FIR) on the charges of cheating and criminal breach of trust. The case was lodged against Chadha and officials of his company Uppal-Chadha Hi-tech Developers Private Limited, amounting to Rs 100 crores.
According to Suvashis Choudhary, Additional Commissioner of Police, EOW, Chadha was detained at the Delhi airport when he was leaving for Phuket on Wednesday night. “Police had alerted the airport’s security staff and immigration officers and a Look Out Circular (LOC) was issued,” said Additional CP.
According to the FIR, filed in January last year, Chadha and associates did not deliver a promised hi-tech township in Ghaziabad. The case has been registered under sections 420 (cheating), 406 (criminal breach of trust) and 120B (criminal conspiracy) of the Indian Penal Code (IPC).
The projects which were known as Rosewood Enclave, Sunny Wood Enclave, Lime Wood Enclave and Chestwood Enclave and a township with houses, villas, a golf course, helipads, an international school and college as well as shopping malls were promised at National Highway-24, Ghaziabad. The FIR stated that the company had never delivered the project and the buyers have been “suffering at the hands of the accused for last 11 years”
Earlier in 2017, a similar complaint was also filed in Mohali by Krishan Kumar in which he stated that wave group lured him in their residential Group Housing Project’ under the name and style of “Wave Gardens” in Sectors 85 and 99, SAS Nagar, Mohali. Krishan booked a flat in their said project but as per promise by wave group to deliver the possession within 30 months from the date of execution of the agreement, no flat was delivered. The project was already delayed by more than 2 years. However, then the complainants had asked for compensation from Manpreet Singh Chadha and his allies.