BANK of Ritesh Properties and Industries Limited Ludhiana.

Honourable members of public.

BANK of Ritesh Industries Limited Ludhiana.

BANK of HAMPTON COURT BUSINESS PARK, Focal Point, Phase 8, Chandigarh Road, Mundian Khurd,  LUDHIANA.

BANK of HAMPTON PLAZA, Focal Point, Phase 8, Chandigarh Road, Mundian Khurd,  LUDHIANA.

BANK of Propertywala, property wala or PropertyWala.

The following is for your kind attention !

FRAUD of RITESH Properties and HAMPTON COURT Business Park  EXPOSED!!!

Residents of village Mundian Khurd can get their LANDS BACK from RITESH Properties.

Buyers of 'illegally sold land plots', can get their MONEY BACK from Ritesh Properties.

BANKRUPTCY:

Since the FRAUD has been exposed, RITESH property can go BANKRUPT  any time.

If Ritesh property owes you money, recover it as soon as possible.

If you have bought SHARES of Ritesh property then sell these soon. 

There may be a loss due to price drop.

If you have bought plot of land from Ritesh property in instalments, 

stop paying the instalments. The plot will stay with you.

If you are the tenant of Ritesh property, stop paying the rent. 

Ritesh property cannot evict you or take legal action.

Banks are requested not to give LOAN to Ritesh Property or 

Ritesh Industries Limited Ludhiana. If there is a LOAN already, 

withdraw it as soon as possible. Your money is at risk.

In the year 1994, by fraudulent means, Ritesh Industries Limited Ludhiana, gained the allotment of 40 acres of village Mundian Khurd's land from the Government of Punjab.

The land was allotted to Ritesh Industries on some terms and conditions, such as: 1) The land shall be used for industrial purpose only and further sale of plots shall not be permitted, 2) In case Ritesh Industries fails to abide by any of the conditions, the land along with structure raised on it, shall be resumed by the Government without assigning any reason in writing and paying any compensation for such resumption. Proof of this fact: Letter Dated 22/04/1994 from Directorate of Industries, Punjab, Chandigarh to M/s Ritesh Industries. Also 'Ritesh Industries Terms and Conditions' BOND dated 13/11/1996. But contrary to the terms, Ritesh Industries illegally sold plots of land and made fake registries.

In the year 1998, the fraud of allotment was exposed.

 Honourable High Court cancelled this allotment on 17/04/1998 and 8 months later (on 17/12/1998), dispossessed/rejected Ritesh Industries from the 40 acres. Proof of this fact: Civil Writ Petition No.6003 of 1995. D/d 17/04/1998. (Available online). This proof can be obtained from any computer.

Ritesh Industries appealed against this cancellation order of the Honourable 

High Court but the appeal was dismissed. Proof of this fact: 

L. P. A. Nos. 289, 283 to 285, 275, 286 and 347 of 1998. D/d 18/05/1999. 

(Available online). This proof can be obtained from any computer.

Ritesh Industries failed to regain the allotment of 40 acres.

The land became vacant.

In the year 2006, another company, (M/s Krishna Infrastructure project), a friend of the dispossessed/rejected owners of Ritesh Industries, applied to Directorate of Industries & Commerce, Punjab, Chandigarh, to build Mega Project, but this application was REJECTED. Proof of this fact: Letter dated 12/04/2006 from Directorate of Industries & Commerce, Punjab, Chandigarh, to M/s Ritesh Industries Limited. Reason for rejection of the application: Money SCAM of Ritesh Industries.

In the year 2007, the dispossessed/ rejected owners (who were expelled from the land) of Ritesh Industries came back with a new name on their forehead. Without the permission of any authority, they started their activities in about 30 acres. The name of the new company they invented: Ritesh Properties and Industries Limited Ludhiana. Despite the rejection of the application, they started building the Mega Project, i.e. HAMPTON COURT BUSINESS PARK, BEST PRICE MODERN WHOLESALE STORE, etc.

The invention of the name 'Ritesh Properties and Industries Limited Ludhiana' is a GIMMICK and it is NOT a 'name change' of Ritesh Industries. 'Ritesh Properties' is a new company formed in the year

2007, not inheritor of Ritesh Industries. Their 'Certificates of Incorporation' should be checked.

The allotment of Ritesh Industry has been cancelled and there is no 

allotment, jamabandi FARAD, registry or ownership title in the name of 

Ritesh Property. This means that neither of the two companies has any 

right on the land. Proof of this fact: 

Civil Writ Petition No.6003 of 1995. D/d 17/04/1998. (Available online). 

This proof can be obtained from any computer.

Ritesh Property Company is a bunch of lies.

On 18/07/2013, Honourable High Court directed Principal Secretary to 

Government of Punjab, Department of Industries, to release the land 

that cannot be utilized for a public purpose, to its original owners. 

Proof of this fact: 

CWP No.5388 of 1992 (O & M) Date of Decision: 18.07.2013 

(Available online). This proof can be obtained from any computer.

The land of village Mundian Khurd has not been used for public purpose and a devil company (Ritesh Properties) is doing its devilry in about 30 acres of land i.e. illegally selling plots, making fake registries, building BEST PRICE STORE, building HAMPTON COURT BUSINESS PARK, etc.

If your land is stuck in the Hampton Court Business Park then you can 

get your land back along with compensation, by reporting it to the 

Commissioner of Police, Ludhiana, in writing.

If you have bought a plot through fake registry of Ritesh property, 

then you can get back your money with interest/expenses/compensation 

by reporting it to the Commissioner of Police, Ludhiana, in writing.

The easiest way to test the genuine or fake registry: obtain the FARAD,

 if the letters of the farad are red, then the registry is fake. 

Remember, the red colour of the photo copy also looks black.

On 13/01/2016, in an investigation into the money and land SCAM, 

the SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI), 

sentenced the Ritesh property and its owners to three years of restraint. 

SEBI restrained the following from accessing the securities market and 

further prohibited them from buying, selling or otherwise dealing in 

securities, directly or indirectly, or being associated with the securities 

market in any manner, whatsoever, for the period as mentioned in the 

following table :-

1. Ritesh Properties and Industries Ltd. 3 years

2. Mr. Sanjeev Arora, Managing Director 3 years

3. Mr. Roop Kishore Fatehpuria, Director 3 years

4. Mr. Rajiv Arora, Director 3 years

The sentence will end up on 12/01/2019. Proof of this fact: 

Order in respect of Ritesh Properties and Industries Ltd. 

WTM/RKA/EFD/17 /2016. 

BEFORE THE SECURITIES AND EXCHANGE BOARD OF INDIA. 

(Available online). This proof can be obtained from any computer.

Sanjeev Arora was also fined ten lakh rupees. Proof of this fact: 

Sebi imposes Rs 10 lakh penalty on Ritesh Properties' MD. 

(Available online). This proof can be obtained from any computer.

For attention of:

Residents of village MUNDIAN KHURD, Tehsil and District LUDHIANA.

Residents of PARAMJIT NAGAR, village MUNDIAN KHURD, Tehsil and District LUDHIANA.

HAMPTON COURT BUSINESS PARK, Focal Point, Phase 8, Chandigarh Road, Mundian Khurd,  LUDHIANA.

BEST PRICE MODERN WHOLESALE STORE, Focal Point, Phase 8, Chandigarh Road, Mundian Khurd, LUDHIANA.

Ritesh Industries, Focal Point, Phase 8, Chandigarh Road, Mundian Khurd, LUDHIANA.

Ritesh Properties, Focal Point, Phase 8, Chandigarh Road, Mundian Khurd, LUDHIANA.