ACCUSED DINESH KUMAR GUPTA, MANAGING DIRECTOR (EX-MANAGEMENT) OF UJALA PUMPS PVT. LTD. ARRESTED FROM IGI AIRPORT, WHILE HE WAS TRYING TO FLEE OUT OF COUNTRY TO DUBAI, HE WAS ARRESTED BY THE EOW IN A CASE OF CHEATING WITH A BUSINESS MAN OF DELHI FOR RS.5.50 CRORES.
(MOREPIC1)New Delhi (Face2News)
A team of Economic Offences Wing, Delhi Police, led by Inspector A. K. Singh, under supervision of Sh. Nageen Kaushik, ACP, arrested accused Dinesh Kumar Gupta, Managing Director (Ex-Management) of Ujala Pumps Pvt. Ltd. has been arrested by the EOW in a case of cheating with a business man of Delhi for Rs.5.50 crores in case FIR No. 42/2018 dated 10/03/2018, u/s 406/420/120-B IPC, PS – EOW. He was arrested from IGI Airport, while he was trying to flee out of country to Dubai. He was declared a Proclaimed Person in this case.
The present case was registered on the complaint of Arun Gupra, owner of a firm named as J. K. Gupta & Sons (India). Brief facts of the case are that in the year 2012, the accused approached the complainant and took a loan of Rs. 65-70 Lacs from him. Further in the month of December, 2012 the accused persons took another loan of Rs. 3,35,50,000/- from the complainant on the term and condition that if he failed to repay the loan, he would sell his property No. E-372, RICCO Industrial Area, Bhiwadi, Rajasthan to the complainant.(SUBHEAD)
Again, in the year -2015, the alleged who also had business relations with the complainant, stopped paying bills of aprx. Rs. 2 crores, raised by complainant’s firm namely M/s J. K. Gupta & Sons (India) for the sale/supply of ball bearing to the alleged company M/s Ujala Pumps Pvt. Ltd. Thereafter, the complainant approached to the accused for repayment of his unsecure loan and outstanding bills i.e. 5.35 crores. In the year 2016, the accused persons approached the complainant and told that they are ready to sell their property No. E-372, RICCO Industrial Area, Bhiwadi, Rajasthan to complainant at market value i.e. 7 crores to clear all outstanding dues.
In this regard an Agreement to Sell dated 07.10.2016 was executed between both the parties mentioning details of outstanding dues and the fact that the property is free from all the encumbrances. Later the complainant came to know that the said property was already mortgaged with Union Bank of India.
Jitendra K. Meena, IPS, DCP, EOW, said, after registration of the case the investigation was taken up. During the course of investigation notices u/s 41(A) Cr.P.C. were issued to accused but he did not turn up. Several raids were conducted to apprehend the accused Dinesh Kumar Gupta but he was absconding and deliberately evading his arrest. Therefore, he was declared Proclaimed Person by the Hn’ble Court of Ms. Chhavi Kapoor, Ld. CMM/West vide order dated 06/12/2021.
A team consisting Insp. A. K. Singh, SI Sanjay Kumar and ASR Ravindra Saroha was formed under the supervision of ACP Nageen Kaushik ACP/Section V/EOW and overall supervision of Sh Jitendra Kumar Meena, DCP/EOW for arresting the accused.
Accused Dinesh Kumar Gupta was managing Director of M/s Ujala Pumps Pvt. Ltd, Bhiwadi, Rajasthan. He is a Commerce Graduate from Delhi University.
