Property grab case: Punjab and Haryana HC says no limit to human greed, dismisses liquor baron’s bail plea

However, Justice Anupinder Singh Grewal observed, “The petitioner may be a billionaire but the investment made by him in the property does not appear bona fide and is certainly not for nation building or generating employment. It is for personal aggrandizement, as there is no limit to human greed…He is alleged to be the mastermind and instrumental in preparation of fake and forged documents for transfer of the property whereby he had allegedly received a sum of over a crore,” Justice Grewal remarked.

The petitioner’s counsel had argued that the property was purchased by co-accused Khalendera Singh Kadyan, and thereafter, he along with one Sanjiv Mahajan had contacted property dealer Ashok Arora who approached the petitioner to invest in the property. After this, a valid GPA was executed by Rahul Mehta in favour of Kadyan and the petitioner to the extent of 67 per cent and 33 per cent respectively.

UT counsel Ashu Mohan Punchhi argued that the petitioner had connived with the co-accused in the case and an agreement to sell was entered between Rahul Mehta and co-accused Kadyan. Thereafter, the petitioner had entered into an agreement with Kadyan and had invested for purchase of 33 per cent share. Also, the petitioner was the mastermind and had manipulated the records of the estate office in connivance with the other accused. The petitioner himself has received an amount of Rs 1.28 crore,

Hence, Justice Grewal dismissed Singla’s bail plea.