Lok Sabha Question No. 4054 (UNSTARRED), answered on 2019-01-04
Subject: Fraudulent Companies
Ministry: CORPORATE AFFAIRS
Asked by: VIJAY KUMAR HANSDAK

## GOVERNMENT OF INDIA

MINISTRY OF CORPORATE AFFAIRS LOK SABHA UN-STARRED QUESTION NO. 4054 ANSWERED ON FRIDAY, THE 4 TH  JANUARY, 2019 [ PAUSHA 14 , 1940 (SAKA)]

## FRAUDULENT COMPANIES QUESTION

## 4054. SHRI VIJAY KUMAR HANSDAK:

Will the Minister of CORPORATE AFFAIRS be pleased to state:

कॉर्पोर े ट कार्य मंत्री

- (a) the number  of  companies  which  have  been  identified  for  their involvement  in  fraudulent  activities during  the  last three years, company/location-wise; and
- (b) the  number  of  directors  of  the  above  mentioned  companies  arrested and the action taken against them?

## ANSWER

## MINISTER OF STATE FOR LAW AND            (SHRI P.P.CHAUDHARY) JUSTICE AND CORPORATE AFFAIRS

विधि और न्याय  एिं कॉर्पोरेट कायय मंत्रालय में राज्य मंत्री

( श्री र्पी . र्पी . चौिरी )

- (a) and (b): The details of companies against which investigation has been ordered identified for their involvement in fraudulent activities during the last  three  years  is  at  Annexure-A.  Four  (04)  number  of  directors  of  the above mentioned companies were arrested.

******

## Annexure-A

|   Sl. No. | Name of Company                                       |    |                                                                                                        |
|-----------|-------------------------------------------------------|----|--------------------------------------------------------------------------------------------------------|
|         1 | Saradha Housing Pvt. Ltd.                             | 28 | Bhushan Steel Limited                                                                                  |
|         2 | Ambujaatripuri Infra (India) Ltd. +7                  | 29 | Singhal Enterprises Pvt. Ltd.                                                                          |
|         3 | Kingfisher Airlines Ltd.                              | 30 | Church of South India Trust Association                                                                |
|         4 | Grand VyapaarPvt. Ltd. +5                             | 31 | Winsome Diamonds& Jewellery Limited                                                                    |
|         5 | Msquare Prudent MultitradePvt. Ltd. +10               | 32 | First Leasing Company of India Ltd. (In Liqn)                                                          |
|         6 | Goldmine Food Products Ltd. +7                        | 33 | Alps BPO Services Limited (In Liqn)                                                                    |
|         7 | SamruddhaJeevan Foods Ltd.                            | 34 | Micro Technologies (India) Limited (in Liqn)                                                           |
|         8 | Sai Prasad Foods Ltd.                                 | 35 | Birla Power Solutions Ltd (in Liqn)                                                                    |
|         9 | Utkarsha Plotters and Multi Agro Solutions India Ltd. | 36 | IFCI Ltd                                                                                               |
|        10 | PGF Ltd. PACL Ltd.                                    | 37 | Coastal Projects Limited                                                                               |
|        11 | AMB Buildprop Private Limited +5                      | 38 | Goldmine Animal Husbandry Pvt. Ltd                                                                     |
|        12 | JeevanSuraksha Trading & Financials Ltd. +5           | 39 | National Spot Exchange Limited (+39)                                                                   |
|        13 | Shailraj Hotels Pvt. Ltd.                             | 40 | Ketan Parekh Group of Companies                                                                        |
|        14 | Rank Mercantile Private Ltd.                          | 41 | PrayagInfotech Hi-Rise Ltd.                                                                            |
|        15 | Parul Polymers Private Limited                        | 42 | Ultra Motors India Private Limited                                                                     |
|        16 | Helios & Matheson Information Technology Ltd.         | 43 | Okara Agro Industries Limited and other group of Companies                                             |
|        17 | Chakra Infrastructure Ltd. +7                         | 44 | Cartesian Computers Ltd.                                                                               |
|        18 | AarzooAgritech Private Limited +104                   | 45 | Parul Polymers Private Limited                                                                         |
|        19 | MPS Greenery Developers Ltd. +7                       | 46 | Ablaze Info Solutions Pvt. Ltd                                                                         |
|        20 | Sunair Hotels Limited                                 | 47 | URO Enclave India Ltd. (UROEIL)                                                                        |
|        21 | Jagat Agro Commodities Pvt. Ltd.                      | 48 | GetitInfoservicesPrivate Limited (In Liqn.)                                                            |
|        22 | PromotechInfratech Ltd.                               | 49 | Vigneshwara Developers Private Limited. +17                                                            |
|        23 | ABC CotspinPvt. Ltd.                                  | 50 | Safe and Secure online marketing Pvt. Ltd.                                                             |
|        24 | Century Communication Limited                         | 51 | Webwork Trade Links Private Limited and its 04 group companies                                         |
|        25 | Narangs International Hotels Pvt. Ltd.                | 52 | Greenraay International Ltd. And its 03 group Companies                                                |
|        26 | Bush Foods Overseas Pvt. Ltd.                         | 53 | Waris Finance International Ltd. (Presently known as Waris Industries Ltd.) and its 21 group companies |
|        27 | MaitriSuvarnasiddhiPvt. Ltd.                          | 54 | Wellfare Buildings and Estates Private Limited.                                                        |
|        55 | Assotech Ltd. (in Liqn).                              | 92 | Nava Diganta Capital Services Limited                                                                  |
|        56 | Kingfisher Training and Services Ltd.                 | 93 | Nava Diganta Agro Industries Limited                                                                   |
|        57 | Dreamline Manpower Solutions Private Ltd. + 17 cases  | 94 | Totem Infrastructure Limited                                                                           |
|        58 | Mangalam Homes (India) Pvt. Ltd.                      | 95 | Heera Gold Exim Limited                                                                                |

|   59 | Suraj Motors Pvt. Ltd.                       | 96   | Heera Retail (Hyderabad) Limited     |         |
|------|----------------------------------------------|------|--------------------------------------|---------|
|   60 | Scriptacom BPO Systems (P) Ltd               | 97   | Heera Developers (Hyderabad) Limited | Private |
|   61 | Micro Leasing and Funding Ltd.               | 98   | Heera Ice Drop Limited               |         |
|   62 | DS Kulkarni Developers Ltd.                  | 99   | HeeraFoodex Private Limited          |         |
|   63 | Religare Enterprises Limited                 | 100  | Innovative Studios Private Limited   |         |
|   64 | Fortis Healthcare Limited                    | 101  | Indigra Exports Limited              |         |
|   65 | RadashirJewelry Company Private Limited      | 102  | Oscar Builders Private Limited       |         |
|   66 | Rotomac Global Private Limited               | 103  | Pluto Estates Private Limited        |         |
|   67 | United India Insurance company Ltd.          | 104  | Damask Estates Private Limited       |         |
|   68 | Heera Gold Exim Limited                      | 105  | Sai Prasad Properties Limited        |         |
|   69 | Kohinoor Diamonds Private Limited            | 106  | D. S. Kulkarni Developers Limited    |         |
|   70 | Tycoon Empire International Limited.         | 107  | GKB Hi-Tech Lenses Private Limited   |         |
|   71 | Tycoons Mall Retail Private Limited          | 108  | Unity Infra Projects Limited         |         |
|   72 | Assure Agrotech Limited                      | 109  | Zen Shaving Limited                  |         |
|   73 | Gold Quest International Limited.            | 110  | Birla Pacific Medspa Limited         |         |
|   74 | Sterling Tree Magnum (India) Limited         |      |                                      |         |
|   75 | Royal Agro& Diary Limited                    |      |                                      |         |
|   76 | VJL Dairies LLP                              |      |                                      |         |
|   77 | NathellaSampathJewellery Private Limited.    |      |                                      |         |
|   78 | MakhouseInfratech Private Limited            |      |                                      |         |
|   79 | Disc Asset Lead (India) Limited              |      |                                      |         |
|   80 | Kerala Chamber of Commerce                   |      |                                      |         |
|   81 | Gold Quest International Limited.            |      |                                      |         |
|   82 | Sterling Tree Magnum (India) Limited         |      |                                      |         |
|   83 | Royal Agro &Diary Limited                    |      |                                      |         |
|   84 | VJL Dairies LLP                              |      |                                      |         |
|   85 | AvatharJewellery (Thrissur) Private Limited  |      |                                      |         |
|   86 | Kunnathukalathil Chitty Fund Private Limited |      |                                      |         |
|   87 | Usha Mutual Benefit Society Limited          |      |                                      |         |
|   88 | Usha Martin Telematics Limited               |      |                                      |         |
|   89 | Woodland Retails Pvt. Ltd.                   |      |                                      |         |
|   90 | RTC Properties India Limited                 |      |                                      |         |
|   91 | AnantnathVincom Pvt. Ltd.                    |      |                                      |         |