C&c Constructions Ltd. — fraud committed by c&c constructions ltd. - mohali junction isbt project

Address: Gurgaon, Haryana

Fraud committed by c&c constructions ltd. - mohali junction isbt project

A delhi-based company, c&c constructions ltd., had been given the contract of the mohali junction isbt project under the public-private partnership (Ppp) mode and the work had begun in april 2009 with an understanding that the project would be completed by 2011 as per the mou signed between gmada & c&c towers ltd.

The private company c&c towers ltd., which has completed less than one-third of the project in eight years, has already been served with a notice of termination of the agreement under the public-private partnership (Ppp) mode by gmada due to delay in its completion. The termination notice was sent to the company on three grounds — long delay in the project, failure to pay penalties of over rs. 50 crore imposed by gmada and failure to maintain bank guarantees under the norms. Though eight years have passed, the company is yet to complete the first tower. The first deadline for the project was october 2011. Later, it was extended at least five times. The company has already missed six deadlines. The company’s inability to complete the project in the fore-seeable future is now out in public.

The company c&c towers ltd. Has committed a fraud with hundreds of stake holders upto a tune of several crores in the said project by allotment of retail shops & office spaces. The committed date of possession to its stake holders was till october 2011, but till date the construction is incomplete.

The chairman mr. Gs johar and gm of the project col. Sehgal always gave vague assurances about the estimated date of completion and handing over the physical possession of the retail shops and office spaces to the stake holders, who had invested their hard earned money since 2010 and booked the retail shops and office spaces to run the business for livelihood with the sanguine hope that the possession will be handed over by 2011. However, to do the business for livelihood, the stake holders had to make alternative arrangements.

Now even after 7 years, the management and representatives of the company never gave a suitable reply to the investors queries & even used abusive language with them. The company has intentionally looted the hard earned money of the investors. Now all the investors have decided to approach the appropriate court of law for justice and get their hard earned money refunded along with interest from the company c&c constructions ltd.

The meeting of the allottees / stake holders of retail shops / office spaces was held in the commercial complex of mohali junction isbt mohali, phase 6, on 27th september, 2017 from 11.30 am onwards, at mohali junction isbt, mohali, for discussing further course of action against the company c&c towers ltd. For incomplete construction and non-delivery of possession of retail shops / office spaces by company c&c towers ltd. To its allottees / stake holders.
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I have also invested in C&C Mohali Junction. Plz let me know when is the next meeting at harpreet.[protected]@gmail.com.
When is tbe next meeting of c and c clients
Mohali Junction Clients's [Complaint's author] reply, Dec 5, 2017
Mr. Brar kindly share your Whatsapp No.
When is the next meeting please
Please make an association & WhatsApp group . Let us fight collectively .l am Dr Surjit Singh Currently residing in U S . When is next meeting ? I am planning to visit India in November
My WhatsApp no is [protected]
Let us make a watsup group to fight against C&C. Can all the Bangalore investors meet?
Mohali Junction Clients's [Complaint's author] reply, Jan 19, 2018
Kindly send your whatsapp no. and also mail the details at Email - mohalijunctionclients@gmail.com
I have also invested in C&C Mohali Junction. Plz let me know when is the next meeting at [protected]@gmail.com
Mohali Junction Clients's [Complaint's author] reply, Jan 19, 2018
Sir kindly send your whatapp no.

Kindly also mail your details to mohalijunctionclients@gmail.com
We had invested in C&C towers ltd. through Karvy Private Wealth. Karvy had charged their commission. We received post dated checks for 2 years but from sep 2017 onwards all the checks have bounced. We would like to lodge a complaint against C&C towers ltd., registered office at Plot 70, Sec 32, Gurgaon, Haryana 122001 and Karvy Private Wealth for the fraud they have committed.

Shall we wait for the dishonoring of the recent cheques to lodge a FIR? What action is being contemplated?

My email is [protected]@yahoo.com
whatsapp number is [protected]

Please include me in the whatsapp group.

Thank you
Anil Kumar Rastogi & Nutan Rastogi
Mohali Junction Clients's [Complaint's author] reply, Jan 19, 2018
Sir kindly send your whatapp no.

Kindly also mail your details to mohalijunctionclients@gmail.com
I had invested in C&C towers ltd. through Karvy Private Wealth. I have received post dated checks for 2 years but from Sep2017 onwards all the checks have bounced. Please include me in the group. [protected]@yahoo.com
Mohali Junction Clients's [Complaint's author] reply, Apr 2, 2018
kindly send ur whatsapp no. - mohalijunctionclients@gmail.com
Mohali Junction Clients's [Complaint's author] reply, Sep 12, 2018
Mohali Junction developer booked for cheating, conspiracy
https://www.hindustantimes.com/punjab/mohali-junction-developer-booked-for-cheating-conspiracy/story-NeeOiExVE7jGB9QrfnU30H.html
Plz suggest, Can we file complaint under RERA Act. against them.
Mohali Junction Clients's [Complaint's author] reply, Apr 2, 2018
We cannot file the complaint against C&C Towers under RERA Act. because they have not got the project registered under RERA, till date
Is there any updates on the Interest cheques getting cleared ? Also any legal actions ben initiated ?
Please include me (Suman Kumar Chakraborty) in the group, as I am also an investor in C&C towers - 'Buyback Scheme-Bigbazaar' scheme. I invested 10 lakh via Karvy Realty and Karvt Private Wealth. Karvy is a most corrupt group, they have siphoned off crores of rupees by colluding with different cheat promoter. All my post-dated cheques have bounced from Sep2017 onwards. [protected]@yahoo.co.in
Yes we've also invested in it. Since 4years are giving fake commitment. So please suggest what should we do ?
Sir
We have also invested into this company and have received Cheques, Interest cheque got bounced. They have deducted the TDS but same has not been deposited by the company. Company is just giving Lollipop.
Karvy People just do meeting but nothing concrete has come out.

A sood
Mohali Junction Clients's [Complaint's author] reply, Oct 6, 2018
The FIR has been lodged at Police Station, Phase 1, Mohali, against the C&C Towers Management Mr. Gurjeet Singh Johar (Chairman), Mr. Charanbir Singh Sethi (Managing Director), Mr. Amrit Pal Singh Chadha (Director), Mr. Sanjay Gupta (Director), Mr. Rajbir Singh (Director), Mr. Charan Vir Singh Sehgal (Chief General Manager - Commercial). The above said persons have been booked under IPC 420, 406 and 120B, the offences are Cognizable and Non-Bailable offences
Me too had invested with C&C Mohali Junction through Karvy Private wealth.
Recently, I deposited the post dated cheques and they were returned with comment " ACCOUNT CLOSED".
Hence others are suggested not to deposit the cheque.
May be all o[censored]s should complain to Register of companies / Company Law board or such authorities.
Mohali Junction Clients's [Complaint's author] reply, Oct 6, 2018
The FIR has been lodged at Police Station, Phase 1, Mohali, against the C&C Towers Management Mr. Gurjeet Singh Johar (Chairman), Mr. Charanbir Singh Sethi (Managing Director), Mr. Amrit Pal Singh Chadha (Director), Mr. Sanjay Gupta (Director), Mr. Rajbir Singh (Director), Mr. Charan Vir Singh Sehgal (Chief General Manager - Commercial). The above said persons have been booked under IPC 420, 406 and 120B, the offences are Cognizable and Non-Bailable offences
We are three investors who have invested in the C&C Mohali Junction ( Buyback scheme - Cinepolis ) through Karvy and our interest return has stopped since October 2017.

We think, we can file a cheating case u/s 420 of IPC for cheque bouncing case through the local police station.
Please inform us the next meeting place through Email: [protected]@gmail.com
Mohali Junction Clients's [Complaint's author] reply, Oct 6, 2018
The FIR has been lodged at Police Station, Phase 1, Mohali, against the C&C Towers Management Mr. Gurjeet Singh Johar (Chairman), Mr. Charanbir Singh Sethi (Managing Director), Mr. Amrit Pal Singh Chadha (Director), Mr. Sanjay Gupta (Director), Mr. Rajbir Singh (Director), Mr. Charan Vir Singh Sehgal (Chief General Manager - Commercial). The above said persons have been booked under IPC 420, 406 and 120B, the offences are Cognizable and Non-Bailable offences
cnc construction in insolvency... cnc towers expected soon, , lets make an association and apporoach national company law tribunal... please add [protected]@gmail.com
We are three investors who have invested in C&C- for allotment of space in the commercial complex as part of Bus Terminal-cum-Commercial Complex, Sector-57 Mohali. We were allotted a unit in Tower-C at 11th floor with super area of 436 sq.ft in JAN.2011. Originally I was the sole applicant, however, we became 3 allottees on Sep.5, 2012. 35% payment stood made. In ref. to Company's letter dated 6.6.2018, we had requested/opted for refund of the amount, which was never made to us. I am based at Patiala. Kindly advise the remedy now available to me. My email is [protected]@yahoo.co.in. Thanks.
They started this business intentionally with the partnership with Karvy Private Wealth to cheat the investors. How long they are planning to drag this cheating with many senior citizens who invested their hard-earned savings? Do you think before our death any solution will reach us? We have already communicated to the office of the Prime Minister to protect us from such greedy people of our country.
Hope some positive result will emerge from his office in this case.

[protected]@hotmail.com

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    C&c Constructions Ltd.
    Gurgaon
    Haryana
    India
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