Omkar Realtors And Developers: A division bench of Chief Justice D K Upadhayaya and Justice Arif Doctor noted that a circular has been issued by the SRA on August 1 imposing a condition on builders and developers to deposit two years advance transit rent even in ongoing projects.
The court was hearing two PILs of 2019 by Vijendra Rai, a lawyer, highlighting non-payment of transit rent to eligible persons/slum-dwellers. Rai mainly referred to 17 projects of Omkar Realtors and Developers Pvt Ltd.
Yes Bank loan fraud: ED files charge sheet against Mumbai-based Omkar Realtors and Developers
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New Delhi: The Enforcement Directorate (ED) has filed a charge sheet in connection with its money laundering probe against Mumbai-based realty group Omkar Realtors and Developers linked to alleged illegal diversion of Yes Bank loan funds worth over Rs 400 crore.
In a statement, the central probe agency said the prosecution complaint (charge sheet) has been filed under various sections of the Prevention of Money Laundering Act (PMLA) before a special court in Mumbai.
The charge sheet names chairman of Omkar Realtors and Developers Kamal Kishore Gupta, its managing director Babulal Varma, actor-producer Sachin Joshi (also the promoter of Viiking Group) and their companies.
ED files chargesheet against Omkar Realtors chairman, MD in Yes Bank fraud case
Updated:
Updated:
April 01, 2021 21:43 IST
The agency says investigation revealed that ₹410 crore loans were diverted and not used for intended purposes
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The agency says investigation revealed that ₹410 crore loans were diverted and not used for intended purposes
The Enforcement Directorate on Thursday filed a prosecution complaint (chargesheet) against chairman of Omkar Realtors and Developers Kamal Kishore Gupta, managing director Babulal Varma, actor and producer Sachin Joshi and others in the alleged Yes Bank loan fraud case of ₹410 crore.
The chargesheet was filed before a special Prevention of Money Laundering Act court after an FIR was registered on March 7, 2020 at Aurangabad under Sections 420 (cheating and dishonestly inducing delivery of property), 406 (punishment for criminal breach of trust) and 34 (acts done by
Actor Sachin Joshi who purchased Vijay Mallya s Goa villa arrested in Omkar Realty case
Sachin Joshi has acted in movies like Mumbai Mirror and Sunny Leone-starrer Jackpot. In 2017, Joshi purchased Vijay Mallya s Goa bungalow Kingfisher Villa for over Rs 73 crore
BusinessToday.In | February 15, 2021 | Updated 13:24 IST
Sachin Joshi is stated to be an actor and a promoter of the JMJ business group
The Enforcement Directorate has arrested businessman/actor Sachin Joshi in connection with a money laundering case against Mumbai-based realty group Omkar Realtors and Developers.
Joshi has acted in movies like Mumbai Mirror and Sunny Leone-starrer Jackpot. In 2017, Joshi purchased Vijay Mallya s Goa bungalow Kingfisher Villa for over Rs 73 crore.