Court arrest warrants on 4 realty firm directors
GURGAON: A city court has issued arrest warrants against four directors of a real estate company, after 21 cases of fraud were registered against them. Hem Singh Bharana, Sanjay Chawla, Rakesh Kumar Gupta and Sumit Bharana, directors of ERA-Adel Landmark Private Limited, have been accused of cheating people of Rs 1,000 crore on the pretext of giving them flats in various housing projects.
The town and country planner had approached the police, claiming the builders had flouted licence norms on these projects, which never took off. Investors also claimed that the builders had abandoned the projects midway.
“The court has issued warrants for the four accused to be arrested till August 4,” said Rajesh Kumar, ACP (crime), Gurgaon.