In criminal appeal No 2025 of 2025 arising out of SLP Crl No 3154 of 2024
In criminal appeal No 2025 of 2025 arising out of SLP(Crl) No 3154 of 2024 In Pradeep Nirankarnath Sharma V/S Enforcement Directorate, Hon’ble Supreme Court has rejected the bail application of Shri Pradeep Sharma w is charged for corrupt practices in allotment of land in Kutch District of Gujarat. In the meantime, The court of principal district and sessions judge KM Sojitra convicted him in a case registered by Anti Corruption Bureau (ACB) pertaining to the allotment of a piece of land to Welspun Group at a price that allegedly caused a loss of ₹1.2 crore to the government exchequer. This news is reported by The Hindu on 21st Jan 2025 which is available in the internet. Hon’ble Supreme court in the above referred Judgement and the Sessions court judgement have, in my opinion, indicted/implicated following in land deal: a) Saw Pipes Ltd for paying price of land which is much lower than the market price b) Value Packaging which is subsidiary of Welspun for giving partnership of 30% in the firm to the wife of Mr Pradeep Sharma without any investment and paying nearly Rs 30 lakhs to Mrs Sharma c) Welspun Corp for paying price of land which is much lower the market price and also paying mobile bill of Rs 2.24 for the period from 2004 to 2009 d) Director of Welspun who handed over mobile sim card belonging to him to Mr Pradeep Sharma. Based on the decision of Hon’ble Supreme Court and Sessions court: 1) is it possible to take criminal action against Saw Pipes, Value Packaging, Welspun Corp Ltd and the Director of Welspun for cheating the Gujarat Govt. 2) Can Gujarat Govt recover the differential amount from Saw Pipes and Welspun Corp at Current market price alongwith interest and penalty.
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