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CB Jammu books Managing Director of Beigh Construction Company Pvt. Ltd. and others for fraud by cheating and forgery to procure contract for tunnel work from IRCON

Jammu, June 16, 2021: Crime Branch Jammu registered a criminal case under relevant sections of law against (1) Imran Beigh S/O Ashraf Beigh R/O Bathandi (Managing Director, Beigh Construction Company Pvt. Ltd) (2) Mohit  Singh S/O Balvir Singh R/O Gopal Nagar Tehsil and District Mathura, H. No. 239/220 UP (Accountant Manager BCC) (3) Tarun Khanna (C.A) S/O Shiv Prakash R/O 91 Green Avenue Lane No. 4 Trikuta Naga, Jammur (4) Rahul Sharma (CA Auditor) S/O Sh J.P Sharma R/O A-90, Pandara Road, New Delhi and others for their involvement in hatching criminal conspiracy in forging balance sheets of (Joint venture) JV AIMBPL-BCC of the year 2013-14, 2014-15 and balance sheet of BCC for the year 2015-16 and after forgery submitted the balance sheets to IRCON Pvt. Ltd for participation in bids for procuring contract of T-74R and T-77D Tunnels and succeeded in procuring the contract of T-77D from IRCON to execute the works. The suspect also duped the complainant (Lalit Agarwal, Managing Director – Amritanshu Infrastructure and Management Pvt. Ltd.) of Rs more than 9 Crores by fraudulent means besides illegally keeping all machinery, equipment, plants, stores of JV(joint venture) worth corers in which the complainant is 51% share holder, therefore, causing wrongful gain to himself and corresponding loss to the complainant.

A written complaint was received in Crime Brach Jammu, wherein complainant – Lalit Agarwal, Managing Director – Amritanshu Infrastructure and Management Pvt. Ltd. (AIMPL) alleged that Imran Beigh, Managing Director Beigh Construction Company Pvt Ltd (BCC), Chirag Colony Bathandi Morh Jammu and others has committed Fraud, forgery and cheating with him. The complainant has inter-alia alleged that initially the owner of Amritanshu Infrastructure and Management Pvt.Ltd (AIMPL)  was K.L Dhar & during the ownership of K.L Dhar, PRW Contract Agreement dated on 18th of June, 2012 was executed between AIPML BBC and Company namely IVRCL Infrastructure &  Private Ltd for execution of piece contract works at Banihal, allotted to IVRCL by IRCON International limited and after becoming owner cum Managing Director of Amritanshu  Infrastructure & Management Pvt ltd (AIMPL), a Joint venture Agreement was  executed by AIMPL with Beigh Construction Company Pvt Ltd on 1st December 2013 for this work and other similar works. By virtue of this agreement, the complainant is majority owner with 51% of profit and loss and the accused is the minority owner of 49% of profit and loss, and both parties viz ALMPL and BCC were entitled to 15%interest per annum compounded quarterly on their capital outstanding or any other advance outstanding as per clause 5 and 7 of this JV Agreement. The complainant further alleged that he had made huge investment in the JV along with lot of machinery. The money invested by the complainant in the JV was through bank transactions. As per the complainant the accused did not adhere to the JV agreement and did not pay his share of 49% and instead has withdrawn and excess amount to the tune of Rs.1,04,93,716. 93 on account of payment of Bank Loan and machinery purchased by him in BCC account and rent of machinery of JV used by him for his other works. The complainant further alleged that due to non infusion of funds by the suspect, the JV could not run smoothly. It is also alleged that the complainant has personally approached M/S Bansal Iron & Steel Traders (BIST) for leasing of two machines called Boomers to JV for the purpose of execution of work of JV. The complainant has also entered into contract with BIST regarding maintenance and rent of Boomers and other machinery to be paid by the JV. A total rent of Rs.5, 84,800/- was to be paid to BIST in October 2014.  One of the Boomers was taken by the company the others one is being illegally held by suspect Imran Beigh for his personal works. The suspect has been illegally using plant and machinery for his own use and did not pay any rent for utilization of the plant and machinery to JV.

On receipt of the complaint, Crime Branch initiated a preliminary verification into the matter and during the course of enquiry requisite record as well as documentary/oral evidence was collected/obtained besides statement of witnesses were recorded which prima-facie has established the offence committed by the suspects. The omissions and commissions, on the part of the above suspects and others prima facie constitute offences punishable U/S 420, 465, 467, 468, 471 RPC 66 I.T Act. 2000. Accordingly, a criminal case is registered against them in P/S Crime Branch, Jammu for in-depth probe. The investigation of the case has been set in motion.

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