Ashok Nagar, 24, Parganas(N)
Kolkata-743222 (W B)
3. M/s Pincon Spirits Ltd.
W ellesley House, 7 Redcross Place,
3rd Floor, Kolkata ... filed an Application under Section 9 of the IBC against M/s Pincon
Spirits Ltd. Corporate Debtor (Respondent No. 3). It was registered
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
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transfer of ownership of the company in favour of Pincon Group of Companies over which
the petitioner had no control
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
ownership or the Company in favour of one
Manoranjan Roy of Pincon Infrastructure Limited. ASK
Financial Limited was, therefore, merged with Pincon.
Subsequently Pincon indulged ... from the general public as a cheat fund
which was done by Pincon. Subsequently the petitioners were
acquitted.
It is submitted by the petitioners that
connected with
the other companies falling within the Pincon Group of Companies. He is
ready and willing to deposit a sum of Rs. 19 lakh ... floated various illegal money circulation schemes through
different companies belonging to Pincon Group of Companies and
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misappropriated monies running to hundreds of crores. Petitioner
applicants and co-accused person, who were the
Chairman and Agents of Pincon Group of Company collected huge amount from
innocent persons assuring them
amount from
complainant and get it deposited in the account of Pincon
Infrastructures Private Limited; whereas, allegations indicate that
applicant did not deposit the amount
applicant and co-accused person, who were
the Chairman and Agents of Pincon Group of Company collected huge amount
from innocent persons assuring them
applicant and co-accused person, who were
the Chairman and Agents of Pincon Group of Company, collected huge amount
from innocent persons assuring them
accused persons, who
were the Director, Manager, Employees and Agents of Pincon Group of
Company had collected huge amounts from innocent persons assuring them
that
