Crime
Bombay HC Grants Interim Relief To Ultra Lifespace, Directors In ₹38.12-Crore FIR Case
The Bombay High Court has granted interim relief to Ultra Lifespace Pvt Ltd and its three directors Mayank Shah, Jignesh Shah, and Tushar Shah in connection with an FIR alleging cheating of Rs38.12 crore. A bench of Justices Revati Mohite-Dere and Sandesh Patil, on November 19, directed that the investigation continue till the next hearing on December 10, but no chargesheet should be filed in the meantime.
The directors have sought quashing of the FIR, first registered at Bandra police station and later transferred to the Economic Offences Wing (EOW). Their lawyers, Aabad Ponda and Sujay Kantawala, argued that the matter stems from a commercial dispute and not a criminal offence.
The case originates from a complaint by Vijay Thakkar, 54, a builder from Vile Parle (West), who in 2014 booked three flats in a Bandra Reclamation project developed by Satra Buildcon Pvt Ltd (SBPL). Two flats were priced at Rs11 crore and the third at Rs11.75 crore. Thakkar paid Rs7.33 crore, after which a registered agreement was executed.
Under the agreement, construction was to be completed by December 2017, with the occupancy certificate (OC) within a year. In case of delay, the buyer was entitled to a refund with 18% interest, which Thakkar sought when the project failed to meet the deadline. SBPL later assured possession by December 2019 after redevelopment, but the project was subsequently handed over to Ultra Lifespace.
Ultra Lifespace obtained the OC in 2020 and began giving possession to other buyers. Thakkar alleges he was denied possession of all three flats and approached MahaRERA, which directed Ultra Lifespace to hand over possession and refund pending dues with interest. Thakkar claims Rs30.76 crore is owed and, along with Rs7.35 crore paid for development and maintenance, brings his total claimed loss to Rs38.12 crore.
Thakkar eventually lodged a complaint with the EOW alleging cheating and criminal breach of trust.
Ultra Lifespace directors argue that Thakkar misused police machinery to settle a civil dispute and suppressed crucial facts. They maintain that the original sale was completed under Praful N Satra, former director of SBPL. They claim Thakkar paid only Rs5.23 crore of the total Rs33 crore, leaving Rs27.77 crore unpaid.
The petition also alleges fabricated ante-dated letters from March 2018, permitting deferred payment after the OC. An FIR regarding this alleged forgery had already been lodged, which Thakkar allegedly concealed.
The Mayank Shah group took over SBPL in August 2019, later renaming it Ultra Lifespace. After the takeover, they secured the OC on March 2, 2020, and sent repeated reminders to Thakkar for outstanding dues. Both parties have challenged the MahaRERA order before the appellate tribunal and the High Court, where the matter remains pending.
The plea concludes that no ingredients of cheating are made out, noting: “Surprisingly, no allegation is made against Praful Satra.”
Crime
Messi proposed visit row: Kerala BJP demands CBI probe into alleged financial irregularities

Thiruvananthapuram, Aug 14: The Bharatiya Janata Party (BJP) on Friday demanded a Central Bureau of Investigation (CBI) probe into the alleged Messi event fraud linked to Reporter TV and its owners, even as the former Finance Minister and CPI-M leader K.N. Balagopal refused to answer questions on alleged GST dues connected with the visit of football superstar Lionel Messi to Kerala in 2025, which failed to take place.
State BJP General Secretary S. Suresh demanded that the V.D. Satheesan government hand over the investigation to the CBI, saying that the controversy had international dimensions involving Argentina, Embassies, apart from alleged financial irregularities.
He alleged that the state government’s name had been misused in the proposed Messi event and called for a comprehensive probe into the financial transactions involved.
He also demanded a criminal case into the alleged GST evasion and said those found responsible should face legal action, including arrest wherever warranted.
Suresh also alleged that serious charges had surfaced against the previous LDF government and sought a probe into allegations of political protection being extended to those involved.
He warned the Satheesan government against entering into any political understanding with former Chief Minister Pinarayi Vijayan to suppress or delay the investigation.
The BJP leader also claimed that the alleged intermediary (sponsor) in the Messi event faced around 19 cases, including cheating cases, and demanded that the entire financial and international dimensions of the controversy be examined by Central agencies.
Meanwhile, Balagopal, who served as the Kerala Finance Minister from 2021 to 2026 and now sits in the Opposition front row alongside Vijayan, faced questions on the alleged non-payment of GST linked to the principal sponsor of the Messi event.
Known for his sharp responses on public finance during his ministerial tenure, Balagopal offered little on Friday.
He said he did not have any papers on the matter and suggested that officials might know more.
The response was particularly notable given Balagopal’s repeated criticism of the Centre over Kerala’s finances and devolution of funds while he was the Finance Minister.
Crime
Assam Police seize drugs valued at Rs 39.4 crore; two held

Guwahati, Aug 14: Drugs worth an estimated Rs 39.4 crore were seized in Guwahati after police intercepted a truck near the Inter-State Bus Terminal (ISBT), leading to the arrest of two persons, Assam Chief Minister Himanta Biswa Sarma said.
Taking to his official X account on Thursday, Sarma praised the Guwahati Police for the operation and said the seizure would help protect the younger generation from the growing threat of drug abuse.
“Mirror mirror on the wall, tell me how much drugs in all? Rs 39.4 crore!” the Chief Minister said in his X post, while highlighting the quantity of narcotics recovered during the operation.
According to the Chief Minister, the police intercepted a truck near the ISBT and recovered 10 soap cases containing heroin along with 1,40,000 YABA tablets.
YABA tablets, which commonly contain methamphetamine, are a synthetic drug associated with serious health and addiction risks.
The seizure represents a significant disruption to an alleged narcotics trafficking network operating through Assam.
Two accused persons were apprehended in connection with the seizure.
Police are expected to investigate the source of the consignment, its intended destination and the wider network involved in transporting the drugs.
The operation comes amid intensified efforts by Assam Police to curb the trafficking and distribution of narcotics in the state.
Assam has emerged as an important transit route for drugs because of its geographical location and proximity to international borders and neighbouring states.
Sarma, in his X post, credited the Guwahati Police for the “excellent” operation and described the seizure as an effort aimed at “saving the future of our youth”.
The recovery of such a large quantity of YABA tablets and heroin is likely to trigger further investigation into the movement of narcotics through Guwahati, which serves as a major transportation hub connecting Assam with other parts of the Northeast.
The police action also underscores the increasing focus on intercepting drug consignments before they reach their intended markets and preventing narcotics from reaching young people.
Further details about the identities of the arrested persons and the exact value and weight of the seized substances are awaited.
Crime
NIA arrests accused in VHP leader Vikas Prabhakar murder case

New Delhi, Aug 14: The National Investigation Agency (NIA) on Friday arrested another accused in connection with the targeted killing of Vishwa Hindu Parishad (VHP) leader Vikas Prabhakar in Punjab’s Nangal town.
The accused, identified as Manveer Ram alias Ashu, was intercepted by immigration authorities at Sri Guru Ram Dass Jee International Airport in Amritsar on Thursday based on a Look Out Circular (LOC) issued by the NIA. He was subsequently taken into custody by the agency and is expected to be produced before the Special NIA Court for further legal proceedings.
The case, registered as RC-06/2024/NIA/DLI, pertains to the murder of Vikas Prabhakar, a local VHP leader who was shot dead in April 2024. The NIA assumed charge of the investigation on May 9, 2024, and has since filed a chargesheet along with two supplementary chargesheets.
According to the agency, investigations have revealed that the conspiracy to assassinate Prabhakar was orchestrated by Germany-based operatives of the banned terror outfit Babbar Khalsa International (BKI). The key conspirators have been identified as Harjit Singh alias Laddi and Kulbeer Singh alias Sidhu.
The NIA said Manveer Ram played an important role in the conspiracy by arranging firearms intended for use in the killing. Operating from the United Arab Emirates (UAE), he acted as a key intermediary between the foreign-based handlers and individuals involved in procuring weapons and coordinating activities in India.
Investigators have found that his role extended to facilitating communication between the overseas conspirators and their associates in India, thereby helping to execute the planned attack.
The agency is continuing its probe into the broader conspiracy and is examining the involvement of other individuals linked to the case.
Earlier in 2024, a 22-year-old arms supplier, Dharminder Kumar, was arrested by a joint team of the Delhi Police Special Cell and the NIA in connection with the murder. A resident of Ludhiana, Kumar was allegedly involved in arranging weapons for the accused.
During questioning, Kumar reportedly disclosed that after being released from jail in April 2024, he came into contact through social media with an individual based in a Middle Eastern country who instructed him to procure firearms.
Vikas Prabhakar, the president of the VHP’s Nangal unit, was shot dead by unidentified assailants at his confectionery shop in Punjab’s Nangal town on April 13, 2024.
-
Crime4 years agoClass 10 student jumps to death in Jaipur
-
Maharashtra2 years agoMumbai Local Train Update: Central Railway’s New Timetable Comes Into Effect; Check Full List Of Revised Timings & Stations
-
Maharashtra2 years agoMumbai To Go Toll-Free Tonight! Maharashtra Govt Announces Complete Toll Waiver For Light Motor Vehicles At All 5 Entry Points Of City
-
Maharashtra2 years agoFalse photo of Imtiaz Jaleel’s rally, exposing the fooling conspiracy
-
National News2 years agoMinistry of Railways rolls out Special Drive 4.0 with focus on digitisation, cleanliness, inclusiveness and grievance redressal
-
Maharashtra2 years agoMaharashtra Elections 2024: Mumbai Metro & BEST Services Extended Till Midnight On Voting Day
-
National News2 years agoJ&K: 4 Jawans Killed, 28 Injured After Bus Carrying BSF Personnel For Poll Duty Falls Into Gorge In Budgam; Terrifying Visuals Surface
-
Crime2 years agoBaba Siddique Murder: Mumbai Police Unable To Get Lawrence Bishnoi Custody Due To Home Ministry Order, Says Report
