substantive offences against M/s. Dewan Housing Finance
Corporation Limited ("DHFL"), M/s. DOIT Urban Venture
(India) Private Limited ("DOIT ... pithily culled out as under:
(a) The investigation reveals that the DHFL, a
licensed housing fnance corporation recognized
by National Housing Bank, falling
Sudhanshu Dwivedi started investing the amounts of GPF and CPF in DHFL in violation of the procedure laid down by the Notification dated 02.03.2015 issued ... Secretary of the Trust Praveen Kumar Gupta invested ₹2,631.90 Crores in DHFL, after obtaining approval from Director Finance Sudhanshu Dwivedi, knowing fully well that
substantive offences against M/s. Dewan Housing Finance
Corporation Limited ("DHFL"), M/s. DOIT Urban Venture
(India) Private Limited ("DOIT ... pithily culled out as under:
(a) The investigation reveals that the DHFL, a
licensed housing fnance corporation recognized
by National Housing Bank, falling
available, GPF contributions amounting to Rs.2631.20 crores were invested in DHFL, out of which only Rs.1185.50 crores have been received ... 1491.5 crores of the Contributory Provident Fund was invested in the DHFL, out of which Rs.669.3 crores have been received
4122.70 Crores with Deewan Housing Finance Limited (for short 'DHFL') from GPF and CPF Funds of the employees of three power companies ... huge amounts from two funds of Uttar Pradesh Power Sectors employees in DHFL and their illegal, malafide and criminal acts had resulted into loss
Dhfl Pramerica Life Insurance Company ... vs State Of Rajasthan on 16 February, 2022
Author: Farjand Ali
Bench: Farjand Ali
HIGH COURT OF JUDICATURE FOR RAJASTHAN ... BENCH AT JAIPUR
S.B. Criminal Miscellaneous (Petition) No. 988/2022
Dhfl Pramerica Life Insurance Company Ltd., (Now Known As
Pramercia Life Insurance Ltd) Having
then Managing Director decided to invest the money of the Trust in DHFL knowingly the fact that it does not comes into the category ... record, the amount of Rs.2631.20 crores was invested in DHFL out of which the amount of Rs. 1185.50 crores was returned
that Mr. Rana Kapoor is wanted in
one CBI case pertaining to DHFL, where the
amount involved is Rs. 600 Crores approx. and one
Signature ... with regard to one RC
lodged by CBI in DHFL case, it was held in para
16 by the Hon'ble Bombay High Court
applicants had concealed the fact that the flat was
mortgaged with DHFL and only at the time of signing of the
agreement for sale ... Loan amount at the
time of purchase of the said flat from DHFL and as on
date the outstanding balance
further reveals that Chinar Reality Pvt. Ltd. initially obtained
project loan from DHFL of Rs.44 crores which was later enhanced to Rs. 63
crores ... highly
qualified professional and is serving as a President / Banker at DHFL and
luminaries and eminent personalty in the professional circle. Further
submitted that
