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Showing posts from April, 2023

Court summons pvt company for cheating Delhi-based hotel ‘

New Delhi, Apr 7 (PTI) A Delhi court has summoned two companies and their representatives for allegedly cheating a private hotel here in the guise of providing a loan of Rs 200 crore. Metropolitan Magistrate Tarunpreet Kaur directed the accused – City Fincorp Services, Advance City Fincorp Consultancy Pvt. Ltd and their officials Ajay Virmani, Subhash Sharma, Ravi Kumar, Sapan Dhawan, Dinesh Sharma and Lalit Kumar – to appear before the court on September 1. The court was hearing a complaint filed by Joy Hotel Resort Pvt. Ltd, which claimed the accused misrepresented City Fincorp Services as a firm linked to CitiCorp Finance (India) Ltd, a reputed financial services company, as the names if the two resembled. The complaint alleged that the accused had cheated the complainant of Rs 12.5 lakh. The arguments on point of summoning have been heard and the record has been perused. “In view of the pre-summoning evidence led by the complainant company and the submissions made, the present comp...