Mumbai Police ECW closes fraud case against real estate developer Rakesh Wadhawan
Mumbai Police ECW closes fraud case against real estate developer Rakesh Wadhawan
In a new twist to the case, the Economic Offence Wing of the Mumbai Police closed the fraud case levelled against real estate developer Rakesh Wadhawan of HDIL promoters.
The case involved allegations of illegal sale of office units in the Kaledonia commercial tower in Andheri East. Police found no cognisable offence, case termed a civil dispute
Allegations involved illegal sale of office units in Kaledonia.
Reportedly, the Economic Offences Wing (EOW) of the Mumbai Police had.. recently filed a ‘C Summary’ report, effectively closing the case against HDIL promoters Rakesh Wadhawan, Sarang Wadhawan, and others.
The case involved allegations of illegal sale of office units in the Kaledonia commercial tower in Andheri East. The closure report states that no cognisable offence was found, dismissing the allegations as a civil dispute under the Companies Act.
News Edit KV Raman
