Monty Chadha Son of Liquor & Real Estate baron Ponty Chadha Arrested from Delhi Airport.


Manpreet Singh Chadha aka Monty Chadha was fleeing for Phuket in Thailand when he was arrested by the officials of the Economic Offences Wing of Delhi Police. Additional Commissioner of the EOW, Suvashish Chaudhary stated that Monty Chadha was trying to escape to Thailand.

Ponty Chadha, the liquor and real estate baron was killed in a shootout six years ago with his brother over a land dispute.  Monty Chadha was arrested from the Delhi airport last night in connection with real estate cheating case. Manpreet Singh Chadha aka Monty Chadha is accused of cheating scores of people by making fake promises of giving flats at cheap prices.

Monty Chadha is the director of Uppal-Chadha Hi-tech Developers Private Limited. (Click to see details of the Company & Directors.

Before his arrest, the airport's security staff and immigration officers were alerted and Look Out Circular (LOC) was issued against Mr Chadha.

Delhi Police already has cases registered against Monty Chadha including other promoters of Wave Group. The officer said, that it was stated in the complaint that the group duped buyers of over Rs 100 crore and made wrongful gains in the name of promising a Hi-Tech township project in Ghaziabad near Delhi.

Mr Chadha will be produced before a local court today.

Comments

  1. Pradeep Rj30 January 2020 at 05:53

    Real Estate describes the built environment without which the businesses and society cannot function. The residential and commercial sub-divisions of the Real estate sector is covered under the Real Estate (Regulation & Development) Act, 2016. The aim of RERA Act is to protect the rights and interests of the consumers and to promote uniformity and standardization of business practices and transactions in the Real Estate sector. It also attempts to balance the interest of buyers and promoters by imposing certain duties on both of them and seeks to establish symmetry of information between buyer and promoter.
    Commute to vakkilsearch for register a Rera Complaint Online

    ReplyDelete

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