Vikash Sharma

The designated Court under OPID Act, Cuttack has confirmed the attachment of property of more than Rs 2 crore of M/s Surya Nirman Resources Pvt Ltd in connection with a land fraud case.

In 2017, the Economic Offences Wing (EOW) had registered a case against M/s Surya Nirman Resources (P) Ltd. and its Managing Director, Chinmay Mallick and Directors Rojalin Mallick and Biswajit Pattnaik, who allegedly collected public deposits of more than Rs 2 Crore under the promise of providing litigation free plots/land at Chandaka or otherwise to pay back the invested amount with high returns through its different money back policy/schemes.

The company had promised to provide litigation-free plots/land at Chandaka to the investors and also to pay high returns on the invested amount through its different schemes and money back policies like ‘Jeevan’ and ‘Jeevan (Gems)’.

During investigation, the details of moveable/immoveable properties standing in the name of the company and its Directors were collected from IGR, Cuttack, and landed properties of Acre17.468 Decimal at Krushna Nagar, Chandaka,Kantabada under Khordha District and Kujanga an Padampur under Jagatsinghpur district were traced to be in the name of the company and its Directors.

As per EOW, Ad-interim proposal for attachment of the above landed properties worth Rs.2,07,85,349 was submitted by EOW on March 7, 2018 under the provision of Section 3 of OPID Act to the Finance Department and accordingly, the above-landed properties were attached in April 2018.

“Designated Court under OPID Act, Cuttack made the ad-interim order of attachment absolute (confirmed) and directed competent authority i.e. ADM-cum-Competent Authority under OPID Act, Cuttack, to sale the immovable properties through Public Auction for equitable distribution of the proceeds among the investors/depositors,” EOW said in a release.