New Delhi: Delhi Police have registered a case of serious economic offences against few persons accused of have dishonestly and fraudulently, in conspiracy with each other and some other unknown persons have cheated multiple banks and financial institutions, including Aditya Birla Housing Finance Limited (ABHFL), Syndicate Bank, Canara Bank, Axis Bank, Indian Bank, and Standard Chartered Bank of crores of rupees by inducing these banks and financial institutions to sanction and disburse loan amounts against fictitious transaction of sale of property (No. 132, Third Floor, Chitra Vihar, New Delhi 110092).
The complainant in this matter, Tarun Sharma, is the
authorised representative of ABHFL, having its registered office at Indian
Rayon Compound, Verawal Gujarat- 362266 and its branch office in Delhi at 2nd
Floor. UCO Bank Building, 5, Parliament Street.
As per the FIR registered by the Parliament Street Police Station, New Delhi on 3 May 2019, a fictitious transaction of sale of freehold built -up residential property, built on third floor with roof rights of property bearing no. 132. Chitra Vihar, New Delhi, was created by Manoj Monga, Anshu Monga and Sandeep Goswami along with other unknown persons who pretended that Manoj Monga was genuinely purchasing this Property at a sale consideration of Rs. 10 million from Sandeep Goswami and for purchase of this Property, financial assistance was required by Manoj Monga, Anshu Monga and County Apparels from ABHFL.
Taking the “fictitious transaction” for sale of the Property
and the intention of Manoj Monga and Anshu Monga to mortgage it as true, ABHFL
disbursed a loan to the tune of Rs. 15 million in The following manner:
- Rs. 9.9 million, vide cheque No. 281447 dated 31
May2018 drawn on ICICI Bank Limited (Account number 071401505310), in favour of
Sandeep Goswami/Seller directly on behalf of Manoj Monga, Anshu Monga and
- The remaining balance amount was disbursed vide
cheque No. 281446 dated 31 May 2018 drawn on Union Bank of India (4937020100072)
in favour of the Manoj Monga as per the terms and conditions of the sanction
letter and loan agreement dated 29 May 2018.
Thereafter, a Sale Deed for this property was executed on 4 June 2018 by Sandeep Goswami (Seller) in favour of Monga for a total sale consideration of Rs. 10 million and it was also registered with Sub-registrar. District Preet Vihar, Delhi vide registration No. 3,319 in Book No.1, Volume No. 1,308 on page 84 to 92 on 05 June 2018.
Thereafter Manoj Monga and Anshu Monga created equitable
mortgage on this Property, as security for the said Loan, in favour of ABHFL by
deposit of original sale deed. Initially some payments were made by Manoj Monga
and Anshu Monga towards repayment of the loan to show that the transaction was
a genuine transaction but later on they stopped making payments to ABHFL
Through collection activity and upon inquiry it was brought
to the ABHFL’s knowledge that the said Property was also mortgaged with
multiple banks and financial institutions by Manoj Monga, Anshu Monga and Sandeep
Goswami along with other unknown persons by creating a fictitious transaction
of sale of the said Property on the basis of which they availed loan facility
from multiple Banks and Financial Institutions including Syndicate Bank, Canara
Bank, Axis Bank, Indian Bank, Standard Chartered Bank thereby cheating these
banks and financial institutions to the extent of millions of rupees.
It is alleged that part loan amount that was disbursed into
the account of Sandeep Goswami on behalf of Manoj Monga, Anshu Monga and County
Apparels as sale consideration was shared with Manoj Monga, Anshu Monga and Sandeep
After preliminary enquiry into the complaint, the Parliament Street Police Station in Delhi has registered an FIR in this case under Section 420/468/120-B of Indian Penal Code against the accused.