crores. The principal accused
namely, Monoranjan Roy and his family ran the Pincon Group of Companies and are the
prime architects of such corporate fraud ... there was
3
transfer of ownership of the company in favour of Pincon Group of Companies over which
the petitioner had no control
been
engaged to do legal work for a company Pincon Spirits
Limited, now in liquidation.
At the time of admission of the writ application ... receipt of a sum
of Rs.83,25,000/- from the Pincon Spirits Limited which
subsequently went into liquidation. He submitted that
this investigation
Official Liquidator that Greenage Food Products
Ltd., one of the components of Pincon Group is in liquidation and
the Official Liquidator has taken possession ... group and
repayment to the investors was being made, inter alia, through
Pincon Spirit Ltd., being one of the companies of the Group.
Learned Counsel
24110(W) of 2016.
Liberty is granted to make Pincon Spirit Ltd. as a
party respondent in course ... being the Managing Director and Director
of M/s. Pincon Group Ltd. dispenses with service of
notice upon the added respondents.
Learned counsel appearing
first information report some persons claimed themselves to be Director of Pincon Group of Companies, stating the same to be sister concern ... been stated that prior to the commission of alleged offence relating to Pincon Group, there has been no previous criminal history against the applicant
Directors of Companies, namely, Greeniz Food Products Limited and M/s Bengal Pincon Housing Limited. He further submits that the applicant was independent Director ... been stated that prior to the commission of alleged offence relating to Pincon Group including Universal Multistate Credit Cooperative Society Ltd., there has been
investors/complainants and they induced them to invest their money with the
Pincon Group of Companies. That apart, the present applicant is a Vice
Chairman ... Universal Multi-State Credit Cooperative Society Ltd which is
included in the Pincon Group of Companies. That apart, he is the director in
Greennage Food
CRLMB-16934/2019]
the Managing Director of Pincon Group of Companies. The total
amount collected from the State of Rajasthan was to the tune ... learned Additional Advocate General that petitioner was the
Managing Director of the Pincon Group, there was no authority of
collecting the deposit and petitioner stands
parties.
Directorate of Economic Offences, who is looking
after the Pincon Group of Companies, is requested to file
a detailed report regarding the assets ... question of the
Pincon Group of Companies. It is, however, made clear
that the assets of each company have to be filed
separately
parties.
Directorate of Economic Offences, who is looking
after the Pincon Group of Companies, is requested to file
a detailed report regarding the assets ... question of the
Pincon Group of Companies. It is, however, made clear
that the assets of each company have to be filed
separately
