Goyal MG Gases Private Limited (GMG) is a
fraud company. Its CMD Suresh Chandra Goyal is one of great cheaters in the
world. There are so many cases of fraud is pending against him and his company.
They used to go in agreement with other people and companies and always avoid
to perform their duties after getting money from those parties and start
blackmailing based on the clauses of agreement.
This bloody company entered in to an agreement with Ind Synergy
Limited (ISL) for establishment of Gas plant on BOO basis and took 78 Lacs as
security deposit. The plant was to be commissioned in the month of May 2009 as
per agreement and after commissioning of plant GMG was entitled to fixed
facility charge of Rs. 26 Lacs per month. They started to producing cheques in
bank from the May 2009. (60 pos adted cheques for Rs. 26 Lacs was provided by
ISL at the initial stage as per agreement).
But the fact was no any major equipments were sent by them at the
site till that date. ISL issued stop payment instruction to bank and informed
GMG to commission the plant and take fixed facility charge.
Major equipment i.e. Cold Box sent by them to ISL site on
25.1.2010. Which was found scrape in examination. ISL sent various
reminders that they facing loss in out side purchase of gases but GMG did
not started erection works. Being aggrieved ISL file a police complaint
against the company and all directors of the company. When police went to
Now wait and watch what result comes. Whether police could arrest
that type of frauds or not.
Raigarh
Other,#2UPDATE Employee
Wed, December 22, 2010
One of the accused of this case Suresh Chandra Goyal has filed anticipatory bail application in District Court Raigarh but the same was rejected by District Judge.
Again he filed application in the High Court for anticipatory bail but the same was rejected by Hon,ble Justice T.P.Sharma.
He has also cheated a person in Aurangabad. He had taken advance amounting to Rs. 13.5 Crores to sell plot of land. The cost of land was agreed to 18 Crores. Then he started pretending from selling the land. When the prices of land went up he sold the same property to another person for Rs. 50 Crores. The aggrieved had lodged complaint in Delhi before Economic Offence Wing, Delhi Police.
isl
raigarh,#3Author of original report
Fri, October 08, 2010
GMG is surely a fraud company. It has taken Rs. 78 Lacs without providing bank guarantee to ISL for 78 lacs which was principal term in that agreement.
1. Goyal MG. Gases Pvt. Ltd.
Through its Directors,
Registered Office at
53 Friends Colony (East),
Delhi
Corporate Office at
A-38, Mohan Co-operative Industrial estate,
1. Suresh Chand Goyal, Chairman,
B-45 Maharani Bagh,
2. Shri Sastry Venkata Sarvesam Tejomurty Director,
Resident of 2-2-23/22/19, Durgabai Deshmukh
Colony, Bagh Amberpet,
Andhra Pradesh.
3. Gulshan Kumar Balaya, Director,
960, Sector-4 Urban Estate, Gurgaon, 122001,
Haryana.
4.. Prakash Agrawal, Director,
5,
Kolkata, 700027,
5.. Raman J. Pandya, Director,
702, 7th Floor, Little Star,
Mumbai- 400054,
6 Ved Prakash Gupta, Director,
43, Gopal Park, Ram Nagar, Extension,
Delhi-110 051.