TaxTMI 
TaxTMI 
2024 (4) TMI 114
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....hati, Rajesh Bhardwaj, Sunil Kumar Prajapati, Dipti Bahal, Sachin Bhati and Karan Pal Singh alleging that in the first week of October he entered into an agreement with a Bike Taxi Company by depositing Rs. 34 lakhs. The name of the company was Bike Bot powered by Gravit Innovative Promoter Limited, the owner of the said company is Sanjay Bhati and the other directors of the company are Rajesh Bhardwaj, Sunil Kumar Prajapati, Dipti Bahal, Sachin Bhati and Karan Pal Singh. The company was having its registered office at Plot No.1, Chiti, Gautam Budh Nagar, Greater Noida, U.P. and the other offices of the company are situated at Dadri and Grand Venis Mall, Noida. The informant has executed an agreement with Sanjay Bhati on a stamp paper of Rs. 1000/- with the postulation that the company will open franchise by giving him 51 bikes which would be operated like Ola Bike and Uber in Jaipur and as per the terms of the agreement the salary of 51 drivers will be given by the company and the company shall also provide rent of bike parking @ 200/- per bike. The informant came to know about the company from the Manager of Andhara Bank, Branch Jagat Pura, Jaipur who also informed him that he ha....
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....e Court for the same. v) The present case is the leading case and all the other cases pertaining to the Bike Bot Scheme have been ordered to be clubbed with the present case vide order dated 12.05.2022 passed by the Apex Court in Writ Petition (Criminal) No. 197 of 2021 (Satinder Singh Bhasin Vs. State of U.P. and another), para 9 and annexure 2 to the affidavit have been placed before the Court. vi) Co-accused Suneel Kumar Prajapati a named accused person has been granted bail vide order dated 27.01.2022 passed in Criminal Misc. Bail Application No. 26288 of 2021 (Sunil Kumar Prajapati @ Sunil Prajapati Vs. State of U.P.) connected with Criminal Misc. Bail Application No. 26884 of 2021 (Sunil Kumar Prajapati @ Sunil Prajapati Vs. State of U.P.), para 20 and annexure 8 of the affidavit have been placed before the Court. vii) The other co-accused in connected cases namely Adesh Bhati @ Ajeet Bhati, Sanjay Goel, V.K. Sharma, Satinder Bhasin who are in the matter relating to Bike Bot Scheme have been granted bail by this Court and other Benches of this Court, para 22 and annexure 9 of the affidavit have been placed before the Court. viii) Charge sheet in the matter has been su....
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....of the Bike Bot Scheme. Composite charge sheet dated 21.10.2022 has been filed against the applicant and co-accused persons in the present case under Sections 420, 467, 468, 471, 409, 201, 120-B IPC read with Section 76A of the Indian Companies Act and sub-Section 4A of Section 55B of RBI Act, 1924 and Sections 4, 5, 6 of Prize Chits and Money Circulations Scheme (Banning Act), 1978, annexure C.A.-3 to the counter affidavit has been placed to show the appointment of the applicant in Pental Technologies Private Limited, para 46 of the counter affidavit has been placed. v) Properties in the nature of house and a non conventional power plant, all belonging to the applicant and his company have been seized by the Enforcement Directorate, para 37 of the counter affidavit has been placed before the Court. vi) Witnesses Mohd. Shayan Arif, Vivek Singh, Vivek Prakash and Gaurav Tandon during interrogation revealed the participation of the applicant in transfer of money of PTPL and ITV, para 22(c) and annexure 7 of the counter affidavit has been placed before the Court. vii) GIPL and its sister companies and Independent TV (earlier known as Reliance Big TV Limited) opened 21 bank accou....
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.... Shah@ Ani Saha, seeking enlargement on bail during trial in connection with Case Crime No. 206 of 2019, under Section 420, 467, 468, 471, 409, 201, 120-B I.P.C., registered at Police Station Dadri, District Gautam Budh Nagar. 3. The prosecution case as per the F.I.R. lodged on 12.02.2019 by Sunil Kumar Meena s/o Devi Lal Meena resident of Flat NO.-GF1, Bhavya Praide Apartment, S.K.I.T. Engineering College near Jagatpura, Jaipur against Sanjay Bhati, Rajesh Bhardwaj, Sunil Kumar Prajapati, Dipti Bahal, Sachin Bhati and Karan Pal Singh is that in the first week of October he entered into an agreement with a Bike Taxi Company by depositing Rs. 34 lakhs. The name of the company was Bike Bot powered by Gravit Innovative Promoter Limited, the owner of the said company is Sanjay Bhati and the other directors of the company are Rajesh Bhardwaj, Sunil Kumar Prajapati, Dipti Bahal, Sachin Bhati and Karan Pal Singh. The company was having its registered office at Plot No.1, Chiti, Gautam Budh Nagar, Greater Noida, U.P. and the other offices of the company are situated at Dadri and Grand Vanis Mall, Noida. The informant has executed the agreement with Sanjay Bhati on a stamp paper of Rs. 10....
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....he management of the company and is neither a shareholder of the company. It is further argued that the applicant is an accused in one other case lodged in Delhi pertaining to Bike Bot matter. It is argued that the applicant has been booked under the U.P. Gangsters & Anti- Social Activities Act (Prevention), 1986 in a very stereo typed manner along with other co-accused persons. Learned counsel has argued that the Memorandum of Understanding was executed between M/s Gravit Innovative Promoter Limited and M/s Saha Infratech Pvt. Ltd. and M/s Abet Builtech Pvt. Ltd. which are the companies of the applicant and money was transferred for booking of nine flats by G.I.P.L. It is argued that the said nine flats have been attached by the Enforcement Directorate but the same would go to show that the transactions were not in any manner sham transactions in a clandestine way. It is argued that the said transactions were genuine and were transactions through bank. It is argued that co-accused Sanjay Goel, Adesh Bhati @ Ajeet Bhati, Sunil Kumar Prajapati @ Sunil Prajapati and Rekha Rani have been granted bail by co-ordinate Benches including this Bench of this Court vide orders dated 28.05.202....