All their associates companies mainly M/s Trans Damodar Coal Mines Pvt. Ltd. , M/s Calcutta Industrial Supply Corporation, Kolkata , Aviral minerals , Sayonara Thru NCLT all income tax notice and pending demands were waived . Huge Loss to the government treasury .
All GST and excise departments notice snd pending demands been waived thru NCLT .
Palogix availed all subsidies and benifits under Wagon Investment Scheme and special freight schemes. This caused huge loss to Indian railways.
The NCLT process was incorrectly done , as and all the creditors were not invited for the COC .
All books and records were fraudulently maintained and several facts were concealed .
These affairs of company was mismanaged and financial records fraudulently maintained have caused huge losses to government treasury and have displaced several small families.
Read all the links below to learn of more on PALOGIX ( kolkatta ) ( NOIDA) ( GURUGRAM ) -
1. https://bengalsamvad.wordpress.com/2021/05/29/pagolix-case-of-rakshak-becoming-bhakshak/
2. https://indiankanoon.org/doc/33579402/
3. https://bengalsamvad.wordpress.com/2020/07/07/palogis-shows-kolkata-has-become-corruption-capital/
4. https://bengalsamvad.wordpress.com/2021/03/14/scam-pagolix-initiated-during-tmcs-railway-minister/amp/
5. https://bengalsamvad.wordpress.com/2020/08/02/pagolix-cheating-government-by-misuse-of-nclt/amp/
6. http://bengalsamvad.blogspot.com/2021/03/scam-pagolix-initiated-under-umbrella.html
7. http://bengalsamvad.blogspot.com/2020/08/cheating-government-by-misuse-of-nclt.html?m=1
8. http://bengalsamvad.blogspot.com/2020/07/pagolix-scam-has-route-in-gwalior-too.html?m=1
9. http://bengalsamvad.blogspot.com/2020/07/palogis-shows-kolkata-has-become.html?m=1
10. http://bengalsamvad.blogspot.com/2021/05/pagolix-classic-case-of-rakshak-is.html
11. https://bengalsamvad.wordpress.com/2021/05/29/pagolix-case-of-rakshak-becoming-bhakshak/
12. https://indiankanoon.org/doc/142732664/
13. https://www.casemine.com/judgement/in/5ac5e4af4a93261aa7948f24
14. https://economictimes.indiatimes.com/news/india/delhi-court-dismisses-west-bengal-cop-ashok-mishras-bail-plea-in-coal-scam/articleshow/83036906.cms
15. https://www.indiamart.com/palogixinfrastructure/
16. https://bengalsamvad.wordpress.com/2020/07/07/palogis-shows-kolkata-has-become-corruption-capital/
17. http://cgstkolkata.gov.in/RTIUpload/Kolkata%20North/Shri%20Jiten%20Chatterjee.pdf
It appears all NCLT cases will be opened as this government will not tolerate any scam and money laundering
ReplyDeleteRailway employee Ramesh Sharan Rai and Atul Paliwal in short span made huge investments in so many companies Jai balajee industries , Madhu transport co , Aviral minerals , Soyonara commerce ,Vista steel , Westpal Exports ,Startree marketing,Seevoice rubber , Gcl Logisctic Terminal , Godavari Commodities Ltd ,
ReplyDeleteTrans Damodar Coal Mining (p) Ltd ,
Calcutta Industrial Supply Corporation Ltd,
Consumer Research and Information Services Pvt Ltd , many more names are there .
The promoter of Palogix being in Indian railways has done very good for himself .
He also has been awarded with NCLT.
It is yet to be established how much loss is suffered by Indian railways , by GST , by income tax , by banks, and by private investors due to NCLT awarded to Palogix since crores of debts /loans /interest /demands / notices from income tax department etc had been waived off .
It is yet to be established how much loss been suffered by government treasury .
How much loss suffered by several families displaced due to wrong business management and fraudulent book keeping and NCLT .
Impact study of NCLT on small businesses must be done and IIT must get this subject to make a case study , it is important for country and for society .
We hope this study is immediately done by the CBI , Enforcement Directorate , CVC, Railways jointly .