Essar Group of
companies, fraudulently suppressed the facts of association of
the two Loop Companies with M/s Essar Group of Companies while
applying ... Loop Telecom Ltd., and associated persons including Essar
Group persons/Companies, cheated the Department of
Telecommunication, Government of India by concealing the actual
stake holders
notice dated 01.08.2006, the complainant himself has mentioned that the Company has cheated and misrepresented him, but the company is not arrayed as an accused ... paragraph-5), it is stated that "That you and your company have cheated and misrepresented for which I have no option but to take
offending company"), wholly owned subsidiary company of "Earth Infrastructures Ltd. The directors and share holders of the offending company fraudulently cheated the complainant ... companies; their husbands are directors of the defrauding company; large sums of money was transferred from defrauding company to shell companies of which applicants
herein is arraigned as third accused. The petitioner
himself was cheated by a mask company, by name 3M Netherland
and another person, namely Duke Group ... first
accused, the petitioner paid both the companies through RTGS on
various dates. Thereafter, both the companies cheated the petitioner
and failed to supply masks
therefore, the company and it's officers who were responsible for conducting business of the company both were equally liable for cheating ... officers of various companies including the company itself. In such types of crimes as the present one, if the company and it's officers
customers of this company had lodged details of the
company on the SEBI portal stating that the company made them to
invest huge amount ... responsible to the Company for the conduct of the business of the
Company as well as the Company shall be deemed to be guilty
said Company. After amount has been
deposited by the complainant and other investors, the Company
is said to have cheated her and other people. After ... connected with accused No.1. The said
Company has cheated more number of investors, who have
deposited huge amount. At the instance of the accused
said Company. After amount has been
deposited by the complainant and other investors, the Company
is said to have cheated her and other people. After ... connected with accused No.1. The said
Company has cheated more number of investors, who have
deposited huge amount. At the instance of the accused
same for payment to the company and as such, have
cheated the company to the tune of about Rs.9,01,64,249/-.
6. Prior ... Account Executive of the Company, in connivance
with the different transport companies has forged and fabricated the
invoices of transport companies and has thereby caused
with the petitioner company only for five months upto 19.3.2002. Further, it is contended that the petitioner - company is an old company and they never appointed ... contended that right from beginning the intention of the petitioner company was to cheat the non-petitioner and thus, without disclosing the correct Financial position
