Ponty Chadha\'s son Manpreet gets bail in real estate fraud case

Ponty Chadha's son Manpreet gets bail in real estate fraud case

Press Trust of India  |  New Delhi 

Slain liquor baron Chadha's son Singh was granted on Monday in an

granted relief to Manpreet, apprehended at when he was leaving for Phuket on Wednesday night, on a personal bond of Rs 50,000 and two sureties of the same amount.

The court, however, put various conditions on the accused, including that he won't be able to leave the country without its prior permission.

It also asked the Economic Offences Wing (EOW) of why no investigation was done between January 2018 and June 2019 into the claims of other investors.

A magisterial court had denied him on June 13, saying thousands of investors were affected and only a few had approached the court.

is the director of Uppal-Hi-tech Developers Private Limited.

Twenty-nine victims have approached police so far against the company alleging that it neither allotted the promised plots nor refunded their invested amount, police had said.

A Look Out Circular (LOC) was issued against Chadha in the case, they said.

A case has also been registered against him and other promoters of in connection with another matter, they said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, June 17 2019. 13:10 IST