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Depositors seek attachment of Dutta Finance Company property
HC calls for status report
10/15/2013 10:56:13 PM
ET Report

Jammu, Oct 15 : In a much publicized Public Interest Litigation regarding cheating of peoples to the tune of Rs 50 crores by Dutta Finance Pvt Ltd and ors, the depositors filed an application before the High Court seeking attachment of property of all the Directors of finance company in India, Nepal & USA.
Division Bench of State High Court comprising Justice Virender Singh and Justice Janak Raj Kotwal after hearing Sr. Adv SS Lehar assisted by Adv Meharban Singh appearing for the PIL, directed the counsel for the PIL to provide copy of the application to Senior Additional Advocate General and other advocates and directed Senior Additional Advocate General Gagan Basotra to file status report from the concerned vis-à-vis if any carried out in the criminal case registered against Gurbachan Singh Dutta and ors. At this stage Sr. Adv SS Lehar appearing for the petitioners submitted that he had pointed certain lapses conducted in the investigation and after taking note of the fact, Division Bench directed IO of the case to proceed further with the investigation in the light of submissions made by Sr. Advocate. According to the application seeking attachment of the property of Gurbuchan Singh and Harpal Singh including the immovable property, 40 Kanals of land at Kud with three number houses created in it, 15 Kanals of land Jhajjar Kotli, 25 Kanals of peddy land at RS Pura, 100 Kanals of Land at Vijaypur, 20 petrol tankers running Jammu-Srinagar-Leh, 30 Petrol Tanker at Nepal, 15 buses at Nepal, one house and three residential plot at Birganj Nepal and other business in the Jammu.
Property of Director Gurdeep Singh including the transport Nagar Narwal, 8 Kanals plot at National Highway Narwal chowk costing Rs 10 crores, Godwans at Transport nagar Narwal, Gas Tanker/Petrol Tanker under Kashmir/ Kranti Roadlines valued Rs 6 crores and two petrol pump at Houston USA costing about Rs 30 crores and seeking attachment of property. JNF
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