#Pagolix Cheating Government by misuse of NCLT

PALOGIX infrastructure private limited , kolkatta , by applying NCLT , the director Ramesh Sharan Rai and Atul Paliwal and Vishal Rai feels it’s all over and they are all now free from governments past liability and taxes .  By going thru NCLT the group has not being depositing taxes for past several years , they are evading taxes .  By NCLT  process they have  Waived Banks money by 19 cr,  Waived Others  by 18 cr , Waived Advances by 51 cr , Waived Income Tax claims  of 15.04 cr ,  Waived loans of bessimer of 20 cr,  Several unsecured creditors  amounting 30 cr ,   Waived ALL  demands sent to them by income tax Dept , service tax  department.  Huge sum of money written off  through NCLT .  All assessments by income tax Dept and their payment are still pending , but going Through NCLT all books were closed , bank accounts dormant and Income tax claims got suppressed.  TDS money amounting to several crores was not deposited because of NCLT .  Service tax and sales tax amounting to several crores suppressed / waived due to NCLT .  There are many more cases - few cases are criminal  in nature . Several more losses  will keep coming up as the investigation progresses by the CBI   .  ( in 2018 after nclt palogix is going ahead with new Business expansion at Bhattanagar , giridih, bhimasar  , Rudrapur . New loans infused from trans Damodar Coal Mines Pvt ltd and promoters .  PALOGIX and all associates have misused  Indian Railways “wagon investment  schemes “.  The group and associates mainly  Railpal logistic , Sayonara commerce , Madhu transport co , Aviral minerals Pvt ltd , Akarshan marketing , Startree marketing ,                        have misused the  “special freight schemes for domestic use / transport of iron ore “  and they are responsible for huge loss of approx 50000 .00 crores  rupees to  Indian Railways.  Railways will recover this loss by stopping the release  of ALL investment in wagon   investmentscheme , also recover thru money lying in security deposits , PBG and  license fees ,terminal fees, land purchased for making terminals  to be auctioned ,  recover loss from the fresh loans raised  from trans Damodar Coal mines Pvt limited  and all associates,  RBL bank ,TATA capital and also from the money lying in 26 group  companies ( list given to CRB Railway board / CVC / CBI / Enforcement Directorate  / .  Indian Railways lost approximately inr 50000.00 crores rupees in iron ore special  domestic freight schemes and investigation is being done and Chairman of Railway  board is investigating the case .  Investment in windmill schemes is also being investigated , in Foreign  currency trading , foreign travel records every month between 1992 to 2020 , Trading in iron ore and all   records regarding evasion of excise , service taxes and sales tax , TDS is being  investigated by enforcement directors .  The group and associates have been involved in  Foreign currency transaction/ money siphoned out / money stacked overseas/ money  laundering/investment in property / foreign travel / share trading  , commodity trading,  stock trading /evasion of taxes / evasion of bank loans and evasion of interest . These  cases are being investigated between period 2007-2012 - during this period  Ramesh Sharan  Rai was working in government service as Dy chief operation manager  ( P&P) in south Eastern Railways and partner Atul Paliwal was also working in  Indian Railways .  Superintendent of police , CBI , SPE kolkatta is also investigating  alongwith CPO / SER , cvo / SER , the  cvo / chairman railway board jointly along with  the special committee formed for this investigation purpose .  WE Know Our  government will not allow  scams ,  will not tolerate  evasion of TAXES .