The committee gave the last chance to the Pearl Allottees to submit the document.
Perl Group’s investigation into the Rs 45,000 crore scam has intensified. Now in this case, the Justice Lodha Committee appointed by the Supreme Court submitted its documents to all the allottees of Pearl City Mohali and Pearls City/Pearls Township Village Bokhara and Gillpatti, Bathinda
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They will have to submit their documents by 10 February. The allottees will have to send their documents like cell agreement, cell deed, payment proof and bank statement etc. for verification. A firm has been appointed to investigate the matter, people will be able to send these documents to 505-A, 5th floor, rectangle-1, District Center, Saket, New Delhi till 5 pm.
The case reached Supreme Court in 2016
This case has been going on in the Supreme Court since the year 2016. In this case, the allotis of Pearl City filed an application in October 2024 to protect our rights. After this, the Supreme Court again ordered the audit.
Now the audit report has been submitted to the court. Jaspal Singh, general secretary of Pearl City Mohali Resident Welfare Association, said that the case of the plot owner has been going on in the Supreme Court since 2016. Now the record of 788 allotis has been submitted to the Supreme Court.
Nirmal Singh Bhangu died five months ago
Nirmal Singh Bhangu, the owner of Pearl Group and mastermind of the scam, was arrested by the Central Bureau of Investigation in January 2016. Since then he was lodged in Tihar Jail in Delhi. He died on 5 August 2024 five months ago. He was ill for a long time.
At that time his daughter Barinder Kaur Bhangu had said that every investor of PACL Limited and PGF Limited is assured that I will leave no chance to protect your rights and until you all get payment, I always always your interests Will protect
Open your company in 1980
In the 70s, Bhangu moved to Kolkata in search of a job. There he worked in the famous investment company Pearls for a few years. After this, he started working in Haryana’s company Golden Forest India Limited, which cheated crores of rupees from investors. He became unemployed after this company was closed.
In order to work in this company, he formed a company in 1980 named Perls Golden Forest (PGF). On the lines of Golden Forest India Limited, this company also made people invested in trees like teak and promised to return good profits after some time. By 1996, the company raised crores of rupees. The company was closed due to income tax and other investigations.
Made its empire abroad
He then launched a new company Pearls Agrotech Corporation Limited (PACL) from Barnala, Punjab. It was a chain system schemes. More than 5 crore people invested money in the company’s claims and promises of the company’s big profits.