TaxTMI 
TaxTMI 
2023 (4) TMI 594
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.... IPC, P.S. Dadri, District Gautam Budh Nagar. ii) Crl. Misc. Bail Application No. 39394 of 2020, Case Crime No. 361 of 2019, Under Sections 420, 467, 468, 471, 409, 201, 120-B IPC, P.S. Dadri, District Gautam Budh Nagar. iii) Crl. Misc. Bail Application No. 41587 of 2020, Case Crime No. 586 of 2019, Under Sections 420, 467, 468, 471, 409, 201, 120-B IPC, P.S. Dadri, District Gautam Budh Nagar. iv) Crl. Misc. Bail Application No. 41588 of 2020, Case Crime No. 353 of 2019, Under Sections 420, 467, 468, 471, 409, 201, 120-B IPC, P.S. Dadri, District Gautam Budh Nagar. v) Crl. Misc. Bail Application No. 46289 of 2020, Case Crime No. 410 of 2019, Under Sections 420, 467, 468, 471, 409, 201, 120-B IPC, P.S. Dadri, District Gautam Budh Nagar. vi) Crl. Misc. Bail Application No. 46295 of 2020, Case Crime No. 386 of 2019, Under Sections 420, 467, 468, 471, 409, 201, 120-B IPC, P.S. Dadri, District Gautam Budh Nagar. vii) Crl. Misc. Bail Application No. 5326 of 2021, Case Crime No. 369 of 2019, Under Sections 420, 467, 468, 471, 409, 201, 120-B IPC, P.S. Dadri, District Gautam Budh Nagar. viii) Crl. Misc. Bail Application No. 533....
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.... by various investors were thus lodged. 4. M/s Gravit Innovative Promoters Ltd. was a company registered with the Assistant Register of Companies, Uttar Pradesh and Uttrakhand having its Office at Plot No.1, Chiti Gautam Budh Nagar, Greater Noida- 203202, Uttar Pradesh, India and was allotted Corporate Identity Number : U70102UP2010PLC041399, 2010-2011. Initially Deepti Bhal was the Director of the company after which many persons were working which are as follows:- Serial No. Name Current Designation Date of appointment on current designation Date of Cessation 1. Deepti Bhal Director 20.07.2010 14.02.2017 2. Sanjay Bhati Managing Director 20.07.2010 18.11.2018 3. Sachin Bhati Director 20.07.2010 14.02.2017 4. Sunil Kumar Prajapati Director 14.02.2017 08.02.2018 5. Vijay Pal Additional Director 22.12.2018 15.02.2019 6. Rajesh Bhardwaj Director 14.02.2017 ............ 7. Vinod Kumar Director 05.07.2018 01.02.2019 8. Vinod Kumar Additional Director 15.02.2019 ............. 9. Karan Pal Singh Director 08.02.2018 ............. 10. ....
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....ther, it will be open to the Investigating Officer of the case registered as FIR No. 206 of 2019, to file a supplementary charge sheet which will be a composite charge sheet to deal with all the statements collated during investigation in other cases including the statement of the complainant and in the respective FIRs as being the statement under Section 161 Cr.P.C. Further, the trial court was directed to proceed as per law from the stage of filing of supplementary charge sheet. It was ordered that in case the court have already taken cognizance on the basis of charge sheets filed in respective cases, those cases in terms of the order shall transferred and merged with the trial of the case arsing out from FIR No. 206 of 2019. The said order is quoted herein-below:- "By way of these writ petitions, the petitioners have sought overlapping reliefs concerning Bike Bot Scheme. In Writ Petition (Crl.) No.197/2021, following reliefs have been claimed by the petitioner: a) Consolidate and club all the FIRs in regard to Bike Bot Scheme, wherein the Petitioner has been arrayed and will be arrayed as accused and appoint a Special Investigation Team for conducting the Inves....
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....of no coercive action to the Petitioner in all the FIRs already lodged and in all the future FIRs with regard to Bike Bot Scheme, wherein the Petitioner will be arrayed as Accused, and; F. Pending the adjudication of this Petition, stay all coercive action/arrest against the Petitioner in all the FIRs already lodged and in all the future FIRs with regard to Bike Bot Scheme, wherein the Petitioner will be arrayed as Accused; G. Pass any other Order this Hon'ble Court deems fit in the facts and circumstances in the present case. In Writ Petition (Crl.) No. 452/2021, following reliefs have been claimed by the petitioner: a) Consolidate and club all the FIRs in regard to Bike Bot Scheme, wherein the petitioner has been arrayed and will be arrayed as accused and appoint a Special Investigation Team for conducting the Investigations in the abovementioned FIRs, and/or, b) Grant bail to the Petitioner and direct his release from custody with respect to all known FIRs (as per Annexure P-10) as well as the unknown FIRs emanating out of the 'Bike Bot Scheme' registered or yet to be registered within the jurisdiction of Uttar Pradesh and....
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.... pass such other order(s) as this Hon'ble Court may deem fit and proper in the facts and circumstances of the case. In Writ Petition (Crl.) No. 59/2022, following reliefs have been claimed by the petitioner: (A) Grant bail to the petitioner in all the cases as shown in para 6 above and all FIRs whether known or unknown which emanate out of Bike Bot Project/Scheme, containing similar nature of allegations against the petitioner, for which petitioner has already been released by Hon'ble High Court of Allahabad in 2 similar FIRs; (B) Grant protection for no-coercive order/direction, from any future/further police or judicial remand in respect of any FIR emanating out of Bike Bot Project containing same allegations against the petitioner who has already been released by the Hon'ble High Court of Allahabad in 2 similar FIRs; (C) To allow release of the petitioner in respect of all the FIRs, on the basis of same set of conditions as stipulated by the Hon'ble High Court of Allahabad in its Bail Order dated 18.10.2021 which should hold good for all the cases for release of the petitioner in the entire Bile Bot matter; (D) Consoli....
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....all the aforesaid cases mentioned in para 23, pertaining to " Bike Bot" Scheme floated by accused Sanjay Bhati, Director of GIPL, to the Court(s) at Gautam Budh Nagar (U.P.); and may also (C) Direct the respondents herein, that upon granting bail, the petitioner be released on the same one (1) set of sureties with his personal bond which shall holed good for all the cases; and may also (D) To allow release of the Petitioner in respect of all the FIRs, on the basis of same set of conditions as stipulated by the Hon'ble High Court of Allahabad in its Bail Order dated 28.05.2020 in Criminal Misc. Bail Application No. 8340 of 2020 which should hold good for all the cases for release of the petitioner in the entire Bike Bot matter; (E) pass such other order(s) as this Hon'ble Court may deem fit and proper in the facts and circumstances of the case. In Writ Petition (Crl.) No. 522/2021, the petitioner has claimed following reliefs: a) Transfer the investigation to CBI or any other similar investigating agency in regard to Bike Bot Scheme, wherein the Petitioner has been arrayed and will be arrayed as accused abovementioned FIRs, and/or....
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....spect of some FIRs has been completed and even charge sheet(s) have been filed by the Special Investigation Team (SIT), constituted by the State of Uttar Pradesh in respect of all these cases. In terms of this order, the chargesheet(s) filed in other cases shall stand merged with the charge sheet filed in the criminal case arising out of FIR No.206/2019 dated 12.02.2019. Further, it will be open to the Investigating Officer in the case registered as FIR No.206/2019, to file a supplementary charge sheet which will be a composite chargesheet to deal with all the statements collated during the investigation in the other cases, including the statement of complainant in the respective FIR as being statement under Section 161 of the Cr.P.C. The supplementary chargesheet to be filed on the basis of the entire record so collected during the investigation in the respective cases will be then made the basis to proceed for trial against the petitioner(s) and named accused therein. Furthermore, the trial shall proceed as per law from the stage of filing of the supplementary charge sheet. In case the Courts have already taken cognizance on the basis of chargesheet(s) filed in ....
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....iabad. 6. FIR No. 630/19 dated 29.6.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Ghaziabad. 7. FIR No. 867/19 dated 09.8.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Ghaziabad. 8. FIR No. 873/19 dated 11.8.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Ghaziabad. 9. FIR No. 874/19 dated 11.8.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Ghaziabad. 10. FIR No. 875/19 dated 11.8.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Ghaziabad. 11. FIR No. 883/19 dated 14.8.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Ghaziabad. 12. FIR No. 206/19 dated 12.2.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 13. FIR No. 340/19 dated 24.3.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Da....
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.... 30. FIR No. 378/19 dated 02.4.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 31. FIR No. 383/19 dated 03.4.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 32. FIR No. 385/19 dated 03.4.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 33. FIR No. 387/19 dated 04.4.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 34. FIR No. 389/19 dated 04.4.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 35. FIR No. 411/19 dated 16.4.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPMANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 36. FIR No. 422/19 dated 19.4.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 37. FIR No. 432/19 dated 24.4.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 3....
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..../19 dated 09.8.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 55. FIR No. 697/19 dated 11.7.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 56. FIR No. 1224/19 dated 29.10.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 57. FIR No. 1262/19 dated 14.11.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 58. FIR No. 1266/19 dated 15.11.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 59. FIR No. 1276/19 dated 17.11.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 60. FIR No. 1335/19 dated 02.12.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 61. FIR No. 1336/19 dated 02.12.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, Meerut. 62. FIR No.....
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....d 28.11.2020 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, GBN District, Meerut. 78. FIR No. 816/20 dated 29.11.2020 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, GBN District, Meerut. 79. FIR No. 817/20 dated 29.11.2020 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, GBN District, Meerut. 80. FIR No. 883/20 dated 14.12.2020 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, GBN District, Meerut. 81. FIR No. 884/20 dated 14.12.2020 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, GBN District, Meerut. 82. FIR No. 887/20 dated 14.12.2020 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, GBN District, Meerut. 83. FIR No. 888/20 dated 15.12.2020 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, GBN District, Meerut. 84. FIR No. 889/20 dated 15.12.2020 registered u/s 420/467/468/471/409/201/....
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....eerut. IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, GBN District, Meerut. 99. FIR No. 174/21 dated 29.3.2021 registered u/s 420/467/468/471/409/201/120B 100. FIR No. 175/21 dated 29.3.2021 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, GBN District, Meerut. 101. FIR No. 176/21 dated 29.3.2021 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, GBN District, Meerut. 102. FIR No. 246/21 dated 27.4.2021 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Dadri, GBN District, Meerut. 103. FIR No. 575/19 dated 15.7.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Sardhana , Meerut. 104. FIR No. 492/21 dated 21.10.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Civil Line , Meerut. 105. FIR No. 739/19 dated 31.7.2019 registered u/s 420/467/468/471/409/201/120B IPC/76A-2013 COMPANY ACT & 58B(4A) RBI ACT at Modi Nagar, GZB District Meerut. 106. FIR No. 884/20 dated 22.12.2020 registered u/....
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.... 201769/2022 @ FIR No. 607/2019 4. 201022/2022 @ FIR No. 33/2020 5. 201776/2022 @ FIR No. 353/2019 6. 201777/2022 @ FIR No. 873/2019 7. 201703/2022 @ FIR No. 512/2019 8. 201773/2022 @ FIR No. 368/2019 9. 201770/2022 @ FIR No. 35/2022 10. 201771/2022 @ FIR No. 586/2019 11. 201772/2022 @ FIR No. 595/2019 12. 200982/2022 @ FIR No. 387/2019 13. 201710/2022 @ FIR No. 809/2019 14. 201755/2022 @ FIR No. 609/2019 15. 201726/2022 @ FIR No. 592/2019 16. 201721/2022 @ FIR No. 386/2019 17. 201713/2022 @ FIR No. 369/2019 18. 201751/2022 @ FIR No. 440/2019 19. 201731/2022 @ FIR No. 866/2019 20. 201736/2022 @ FIR No. 432/2019 21. 201742/2022 @ FIR No. 598/2019 22. 201716/2022 @ FIR No. 361/2019 23. 201774/2022 @ FIR No. 697/2019 24. 201745/2022 @ FIR No. 411/2019 25. 201724/2022 @ FIR No. 389/2019 26. 201729/2022 @ FIR No. 383/2019 27. 201706/2022 @ FIR No. 362/2019 28. 201748/2022 @ FIR No. 1266/2019 29. 201718/2022 @ FIR No. 510/2019 30. 1118/2022 @ FIR No....
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....etition, the learned counsel appearing for the parties have broadly agreed that they would confine the relief of clubbing of multiple FIRs in respect of Commercial Project-Grand Venice, situated at Greater Noida, with the principal FIR bearing No.353/2015 dated 09.06.2015 registered at Kasna Police Station in Greater Noida, Uttar Pradesh. For the nature of order that we propose to pass, it is unnecessary to dilate on the allegations contained in different FIRs for the criminal action initiated against the petitioner and other accused named in the concerned FIRs. Suffice it to note that the principal FIR filed in first point of time was registered by the Kasna Police Station in Greater Noida being FIR No.353/2015 dated 09.06.2015. More or less, similar allegations are made in the subsequently filed FIRs by different buyers of the units in the concerned commercial building. As many as 41 FIRs[4] have been filed across the State of Uttar Pradesh and 5 FIRs[5] in the Govt. of NCT of Delhi. We hasten to add that Govt. of NCT of Delhi has no objection to club these FIRs along with the principal FIR i.e., FIR No.353/2015, referred to above. Accordingly, followin....
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....ncy of these matters will not come in the way of the High Court to consider the writ petition(s) filed before the High Court for the same relief of converting the land from lease hold to free hold, if the same reach for hearing before 21.07.2022. List this matter and Diary No(s). 2103/2021 on 21.07.2022." [4] Details of 41 FIRs are as under: 1. FIR No.273/2019 dated 28.03.2019 registered at P.S. Kasna 2. FIR No.543/19 dated 28.06.2019 registered at P.S. Kasna 3. FIR No.629/2019 dated 14.07.2019 registered at P.S. Kasna 4. FIR No.249/2019 dated 25.03.2019 registered at P.S. Kasna 5. FIR No.275/2019 dated 28.03.2019 registered at P.S. Kasna 6. FIR No.815/2018 dated 27.09.2018 registered at P.S. Kasna 7. FIR No.248/2019 dated 25.03.2019 registered at P.S. Kasna 8. FIR No.252/2019 dated 25.03.2019 registered at P.S. Kasna 9. FIR No.274/2019 dated 28.03.2019 registered at P.S. Kasna 10. FIR No.262/2019 dated 27.03.2019 registered at P.S. Kasna 11. FIR No.244/2019 dated 24.03.2019 registered at P.S. Kasna 12. FIR No.276/2019 dated 29.03.2019 registered at P.S. Kas....
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....ment Street 5. FIR No.135/2019 dated 22.07.2019 registered at EOW, Delhi [6] Amish Devgan Vs. Union of India and others : (2021) 1 SCC 1 9. An application was filed in Writ Petition (Criminal) No. 114 of 2002 (Pushpendra Singh Vs. State of Uttar Pradesh) which stood disposed of vide order dated 28.07.2022 in view of the order passed in Misc. Application No. 1300 of 2002 in Writ Petition (Criminal) No. 518 of 2021 (Adesh Bhati @ Ajeet Kumar Vs. State of U.P. and others), the order dated 28.07.2022 passed in application in writ petition of the applicant is quoted herein-below:- "In view of the order passed in M.A. No. 1300 of 2002 in W.P. (Crl.) No. 518 of 2021 titled as "Adesh Bhati @ Ajeet Kumar Vs. The State of Uttar Pradesh, this miscellaneous application is disposed of in the same terms. Pending applications, if any, stand disposed of." The order dated 28.07.2022 passed in Misc. Application No. 1300 of 2022 in Writ Petition (Criminal) No. 518 of 2021 is quoted herein-below:- "Heard learned counsel for the parties. It is not in dispute that the applicant has already been granted bail by the High Court vide order dated 20....
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....ch the applicant has no concern. Properties said to have been purchased by the applicant were also not purchased out of the proceeds of the invested amount of the investors of the Bike Boat Scheme. At this juncture learned counsel appearing for the applicant referred to the bail orders passed in respect of the co-accused and further argued that Sanjay Goyal, who was the Director in the company concerned, has been released on bail in some cases. Applicant has also no access to the record. Essential ingredients to constitute an offence are lacking in the present matter. Criminal intention to attract the offences levelled against the applicant in the present matter are also lacking. Applicant cannot be prosecuted in the present matter on the basis that some amount has been credited in his account by the company concerned. Thus, it is further argued that confessional statement said to have been made before the investigating agency will also not be sufficient to connect the applicant with the present matter, as it cannot be read in evidence. Referring to the entire documents annexed with the application, counter affidavit and also the role assigned to the applicant in the present matter....
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....e M.O.U. and the articles of the company. Learned AGA further argued that more than Rs. 3,500 crores have been invested by the small investors in the scheme launched by M/s. G.I.P.L. All the ingredients of the offences levelled against the applicant in the FIR lodged in the matters are available. Investigating Officer concerned has concluded the specific role of the applicant. Enforcement Directorate has also started proceedings in the matter. It is next contended that applicant cannot be enlarged on bail on the ground of bail order passed in respect of the co-accused, as same has not been passed after considering the entire facts, merits of the case have also not been touched with. At this juncture learned counsel for the State also argued that plea of issuance of blank cheques were set up at a belated stage to show that the applicant himself is a sufferer. Applicant has not made clear the actual date of presentation of the cheques before the bank concerned and date of dishonour. This fact also shows that this plea was set up only to create defence. It is also argued that amount has also been credited from Novel Bank in the account of the applicant. Applicant has also not filed an....
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....Nagar be released on bail on furnishing a personal bond and two heavy sureties in each cases in the like amount to the satisfaction of the court concerned subject to the following conditions : (i). The applicant will not tamper with the evidence during the trial. (ii). The applicant will not pressurize/ intimidate the prosecution witnesses. (iii) The applicant will appear before the trial court on the date fixed, unless personal presence is exempted. (iv) The applicant shall not commit an offence similar to the offence of which he is accused, or suspected, of the commission of which he is suspected. (v). The applicant shall not directly or indirectly make any inducement, threat or promise to any person acquainted with the facts of the case so as to dissuade him from disclosing such facts to the Court or to any police officer or tamper with the evidence. (vi). The applicant shall deposit his passport with the trial court within two weeks from the date of his release from prison and if he has no passport, he shall swear to it on affidavit within the same period and shall not leave the country without prior permission of the court ....
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.... huge amount which has also been siphoned off by the Managing Director of the company. vii) The applicant was granted anticipatory bail in Case Crime No. 570 of 2019, P.S. Kotwali, District Bulandshahar vide order dated 26.09.2019 passed in Criminal Misc. Bail Application No. 39417 of 2019 (Pushpendra Singh Vs. State of U.P.) by this Court in another case being Case Crime No. 340 of 2019, under Sections 420, 467, 468, 409, 471, 201, 120-B IPC. The applicant has been granted bail by a co-ordinate Bench of this Court vide order dated 28.05.2020 passed in Crl. Misc. Bail Application No. 8340 of 2020 (Pushpendra Singh Vs. State of U.P.). viii) Since the applicant has been granted bail in the main case being Case Crime No. 206 of 2019, P.S. Dadri, District Gautam Budh Nagar, under Sections 420, 467, 468, 409, 471, 201, 120-B IPC vide order dated 19.03.2020 and by order of the Apex Court, the said case has been made the main case and it has been ordered that charge sheets in other matters shall be submitted in the main case only as supplementary charge sheets and if they have been submitted they shall be transferred in the said case, the applicant deserves to be release....
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....ued and where FIRs have been filed i.e. Gujarat, Uttarakhand, Haryana, Andhra Pradesh, Telangana, Chhattisgarh and Himachal Pradesh through their standing counsels i.e. respondents in Diary No.27418/2022. We also consider appropriate to issue notice to the Enforcement Directorate and the CBI to explore the possibility of an Central Agency investigating the whole scam. We direct all the accused to file affidavit within four weeks of their movable and immovable assets. List on 21.03.2023. A copy of the order to accompany the notice." iii) It is argued that although all the matters relate Bike Bot Scheme but need to be analysed independently. iv) Learned counsel for the State has placed before the Court para 13 and 14 of his counter affidavit dated 07.12.2020 and has argued that the applicant was associated with the company from much before his appointment as an Additional Director. The investors had credited huge amounts directly in the account of the applicant and as such he was a beneficiary of the said amount which has been deposited by the investors. Para 13 and 14 of the counter affidavit reads as follows:- "13. That....
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....Nagar. It is submitted that recently investigation of 11 more cases related to the same offences have been handed over to the Economic Offence Wing by the competent authority." vi) It is argued while placing para 12 of the said counter affidavit that the company and its sister companies and Independent TV (earlier known as Reliance Big TV Ltd.) opened total 21 bank accounts in different banks and had received Rs. 29,76,52,09,644.62 from approximately 2,46,462.00 investors. Para 12 of the same reads as follows:- "12. That it is submitted that GIPL, its sister companies and Independent TV (earlier known as Reliance Big TV Ltd.) opened total 21 bank accounts in different banks and Rs. 29,76,52,09,644.62/- (Two Thousand Nine Hundreds Seventy Six Crores Fifty Two Lacs Nine Thousand Six Hundred Forty Four only) were received from approximate 2,46,462.00 investors. The aforesaid funds were transferred from the account of GIPL to 59 companies including Reliance Big TV Ltd. For kind Perusal of this Hon'ble Court copy of the charge showing the details of investors and their statements and copy of master data showing the amount transferred from GIPL to various companies is b....