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Delhi High Court restrains Gulf Petrochem FZC promoters from disposing of assets

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Allowing the suit filed by OCM Singapore Njord Holdings Hardrada Pte Ltd, the Delhi High Court has granted an interim injunction restraining promoters of UAE-based Gulf Petrochem FZC from disposing of any of their movable or immovable assets, in connection with an alleged trade fraud of over 12 million USD.

“As consolidated above, the plaintiffs have made out a strong prima facie case in their favour and the defendants have not been able to make out any credible case of defence. Irreparable harm and injury would be caused to the plaintiffs, if the defendants were to dispose of their assets. Therefore, balance of convenience requires that the plaintiffs be granted interim injunction,” stated Justice Amit Bansal in an order passed on Friday.

The court also directed the defendant company promoters–Prerit Goel, Manan Goel to disclose all their bank account statements in India and abroad and particulars of movable and immovable assets within four weeks.

In the order, the court also specified the restraining of the property measuring 1 Bigha 12 Biswas situated in the revenue estate of Village Samalka, Tehsil Vasant Vihar, New Delhi.

As per the plaintiff Singapore-based shipping company, the United Arab Emirates-based Gulf Petrochem which had voyage chartered their Vessel “Torm Hardrada” on May 8, 2020.

The Vessel loaded 40,533.05 metric tonnes of Jet Aviation Fuel and a bill of lading was issued by the master of the Vessel, which was consigned to the order of Natixis, France, a French bank for delivery at Rotterdam.

On June 6, 2020, the defendant Petrochem company ordered the Vessel to proceed to Fujairah, UAE, and deliver the Cargo to Vitol Bahrain E.C which has to be delivered to the port of Rotterdam.Although the defendant company received payment from the buyers, they did not pay Natixis and misappropriated the proceeds of the sale. In the legal battle of Natixis, in order to mitigate their losses, the plaintiffs on November 16, 2020, furnished security of USD 14,908,056 to them towards theAprincipal claim amount of USD 12,423,380 around Rs 95.6 crore Indian money.

The Singapore company argued that the defendants have defrauded many more companies globally in a similar manner by inducing shipping companies to deliver cargo to other buyers without the production of the original bills of lading on the basis of Letter of Indemnities(LoI) and, thereafter, not honouring the said LoIs.

The court noted, as per the records, that the website of the defendant company has an office/place of business in New Delhi, a stand which they changed later.

The bench held that the defendants have failed to show that the territorial jurisdiction of the Court is highly debatable or prima facie not tenable.

Crime

Palghar Police Reunite Family After Decade-Long Separation

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Palghar: The police have successfully reunited a man with his family a decade after he went missing, following a special operation to reopen and solve long-pending cases, officials said on Sunday.

The man, identified as Praveen Pawar (39), had left his home in Palghar district in 2016 after a dispute with his parents. Since then, he remained untraceable, despite efforts by his family to locate him.

Pawar, who is originally from Ahilyanagar, was working at a hospital in Vikramgadh in Palghar district at the time he went missing. After leaving home, he cut off all contact with his family, leaving them uncertain about his whereabouts for nearly 10 years.

The breakthrough came under Operation Muskan-14, a special programme launched by Palghar Superintendent of Police Yatish Deshmukh to trace missing children and adults by revisiting old and unsolved cases. As part of the drive, police teams reopened Pawar’s case and began following fresh leads using modern investigative techniques.

Wada police station inspector Dattatray Kindre said Pawar was traced to Delhi on Saturday with the help of technical investigation, human intelligence, and social media tracking.

Police officials said formalities are currently being completed to ensure Pawar’s safe return and reunion with his parents. The case has been cited as a major success of Operation Muskan, highlighting how renewed investigation and technology can help solve long-forgotten missing person cases.

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Mumbai Police Arrest Navi Mumbai-Based Bar Owner In ATC Personnel Theft–Extortion Case

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Mumbai: In a significant development in the alleged theft and extortion case involving RCF police Anti-Terrorism Cell (ATC) personnel, the Mumbai police have arrested Navi Mumbai-based bar owner Ramesh Shetty alias Ramesh Anna for his alleged role in the offence. His arrest follows the earlier arrest and suspension of four ATC personnel attached to the RCF police station.

Previously, API Vijay Sutar, head constable Yogesh Khandge, and police constables Nemade and More were arrested on allegations that they stole cash and gold ornaments during raids conducted to identify Bangladeshi nationals allegedly residing illegally in Navi Mumbai. The Chembur police are conducting further investigation in the case.

The case came to light after a social activist lodged a complaint, prompting an internal inquiry into the conduct of the police personnel during official raids. Investigators found that valuables allegedly seized during the raids were not recorded through any panchnama or official documentation.

 Several items were later reported missing, following which an FIR was registered under relevant sections of the Bharatiya Nyaya Sanhita (BNS) Act. The accused police personnel were subsequently arrested and placed under suspension, a senior police officer said.

According to the police sources, the complainant, Asma Poly, a suspected Bangladeshi national, has been residing in Kopri village, Sector 26, Koparkhairane, Navi Mumbai, for the past 12 years and works at a bar in Turbhe. 

In her complaint, Asma stated that on January 2, 2026, at around 8.30 am, a woman in plain clothes along with three to four men visited her residence and demanded her identity proof. When she opened the door, the group entered her house. An agent who allegedly assists police in identifying Bangladeshi nationals was also present.

Based on their questioning, Asma said she realised they were police officials, who later disclosed their identities. She was allegedly asked to sit inside a police vehicle and was taken to the RCF police station. Asma claimed she was unaware that her house was being searched during this period.

Later, API Sutar allegedly asked her to contact her sister, Rebecca, in Bangladesh and seek her birth certificate. During a phone conversation, Rebecca allegedly informed Asma that police personnel had searched her house and that several items were missing. Asma has claimed in her police complaint that approximately 15 tolas of gold and cash amounting to Rs20–25 lakh were kept in the house and were missing after the raid.

Asma alleged that when she questioned the officers about the missing valuables, she received evasive replies. As her suspicions grew, she reportedly raised an alarm at the police station. Police sources said that fearing the matter could escalate, the accused officers allegedly called the bar owner Ramesh Anna, where Asma worked to the police station.

According to the complaint, between January 5 and 6, head constable Khandge allegedly facilitated phone conversations between Asma and bar owner Ramesh Anna, during which it was conveyed that Rs6 lakh in cash and a gold necklace had been handed over. When Asma enquired about the remaining money and gold, she was allegedly given evasive responses.

The complaint further states that on January 23, API Sutar again called Asma to the police station and told her that her remaining valuables would be returned through the bar owner. On January 24, Asma was allegedly informed that another Rs5 lakh in cash along with the remaining gold ornaments had been handed over to Ramesh Anna. She has also alleged that head constable Khandge threatened her not to disclose the incident to anyone.

Police are also examining a separate allegation involving the same police personnel in Kalyan. In that case, a woman identified as Sharmeen Khatoon Attar has alleged that on December 25, the accused officers visited her residence and allegedly extorted Rs5 lakh by threatening her with police action. Officials said this allegation is under verification and no conclusion has yet been drawn.

Based on Asma’s complaint, Mumbai police have registered a case against four police personnel and one unidentified person under relevant sections of the BNS Act. Police officials said further investigation is underway to establish the exact role of each accused, recover the missing cash and jewellery, and ascertain whether more individuals were similarly targeted during such raids.

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Crime

Mumbai Crime: Undertrial Prisoner Assaults Policeman Inside Arthur Road Jail, Case Registered

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Mumbai: A shocking incident has come to light from Mumbai’s Arthur Road Jail, where an undertrial prisoner allegedly assaulted a police constable on duty.

The accused, Lokendra Uday Singh Rawat (35), is reported to have headbutted Police Constable Hani Baburao Wagh (30), causing injuries to his nose, and also abused and pushed other on-duty police personnel. A case has been registered in this connection at the N. M. Joshi Marg police station.

According to the FIR, the complainant, Police Constable Wagh, is attached to Armed Police Division–2, Tardeo. On January 27, he reported for his 24-hour day-duty shift at Arthur Road Jail at around 8 am and was assigned security duty at the main entrance of the prison.

At around 9 pm, Armed Police Constables Suresh Sandu Mali and Sachin Chavan brought undertrial Lokendra Rawat back to the jail after producing him before the Dindoshi Court. Rawat allegedly appeared agitated and, after entering the jail premises, sat near the gate and began verbally abusing the police personnel on duty.

Constable Wagh asked Rawat to calm down and refrain from using abusive language. However, Rawat allegedly became more aggressive and continued shouting abuses. When Wagh approached him again to pacify the situation, Rawat suddenly headbutted him on the nose with force.

As a result, Constable Wagh sustained injuries and started bleeding. Fellow constables Sachin Chavan and Suresh Mali immediately intervened, restrained the accused, and informed the on-duty prison authorities about the incident. Rawat was subsequently sent for medical examination to Sir J.J. Hospital.

After receiving medical treatment, the injured constable lodged a formal complaint on January 28 at the N. M. Joshi Marg police station. Based on the complaint, police have registered a case against the undertrial under relevant sections of the Bharatiya Nyaya Sanhita (BNS). Further investigation is ongoing.

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