Gurgaon/Delhi, Sep 17, 2016: Vatika Group says complainants are deceptive. A fews days after a case of dishonest and fraud was registered in opposition to actual property developer Vatika Group’s Managing Director and 
three others, senior officers of the group have mentioned that they had been being implicated in a false case.
Vatika Group says complainants are deceptive.
The group’s Managing Director Gautam Bhalla, Directors Anil Bhalla and Gaurav Bhalla and the corporate’s gross sales and client service head Ankit Nagpal have been booked on the premise of a criticism by Delhi’s Santpura resident Suman Preet Kaur and her husband Surender Pal Singh on September 7.
The FIR was registered beneath Sections 406 (breach of trust) and 420 (cheating) of the Indian Penal Code on the Sector 29 police station in Gurgaon as Vatika Group says complainants are deceptive.
The 2 complainants mentioned of their FIR that that they had booked a flat in Vatika One Express Metropolis in July 2014 and had paid the cash amounting to round Rs 22 lakh in instalments. Nevertheless, in December 2015 once they visited the location, it was nonetheless a barren land, they mentioned when Vatika Group says complainants are deceptive.
Following this they needed refund of the cash, however one firm official, Nagpal, instructed them that the venture had been scrapped and that they need to switch the cash to a brand new mission after which the refund can be simpler, the complainants mentioned.
They transferred the reserving — to Vatika Seven Components — however they’d not acquired their a reimbursement, the couple stated as Vatika Group says complainants are deceptive.
Nevertheless, Vatika officers stated that the complainants had not talked in any respect concerning the “enterprise” by Kaur in March 2016 that she had received again as refund Rs 21.54 lakh which was transferred by them “voluntarily” to guide a flat at Vatika Seven Elements. “Building on the venture is as per schedule and deliveries are anticipated likewise,” the corporate mentioned in a press release.
An earlier report in IANS had quoted a police officer as saying that the complainant (Kaur) had invested the cash in “an assured return scheme” of Vatika group. That is incorrect as the cash had been invested in Vatika One Express City, a residential undertaking when Vatika Group says complainants are deceptive.