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In A Case Involving Housing Fraud In Navi Mumbai, The Bombay High Court Grants Bail To The Builder
Builder Gopal Amarlal Thakur of the Monarch Universal Group, who was detained by the Directorate of Enforcement (ED) in relation to a housing fraud case in Navi Mumbai, has been granted bail by the Bombay High Court.
Because of Thakur’s “long incarceration with remote possibility of the trial being completed within a reasonable period of time,” Justice Manish Pitale granted Thakur bail. After being taken into custody on July 1, 2021, Thakur was detained for three years, one month, and seven days before being released on bail on August 8.
Rajiv Chavan, Thakur’s lawyer, stated that his client is accused of predicate offenses and has been granted bail in each of those instances. It would take a long time for the trial to end in the ED case because charges have not yet been filed and the record indicates that the prosecution plans to question 67 witnesses.
If Thakur is found guilty, the maximum sentence that might be given is seven years in jail. Thus, according to Chavan, he has served almost half of the maximum sentence in jail.
Sandesh Patil, the Special Public Prosecutor, objected to the bail request, arguing that it would not be appropriate to overlook the predicament of those who have reserved apartments in the projects that the applicant and the other defendants are associated with.
Patil said that after a settlement, the FIR for one of the predicate crimes was dismissed; nonetheless, Thakur and the other defendants disregarded the terms of their assent. Thus, the offense is committed again. Accordingly, Patil continued, the applicant’s behavior should be taken into account.
The court pointed out that a defendant may only get a maximum term of seven years under the Prevention of Money Laundering Act. Judge Pitale granted Thakur bail after he provided a personal bond of Rs 50,000, stating, “These facts clearly demonstrate that Thakur having undergone incarceration for a period of three years, one month and seven days is entitled to be released purely on the ground of long incarceration with remote possibility of the trial being completed within a reasonable period of time.”
The Enforcement Department (ED) claims that Thakur skimmed off and transferred large sums of money obtained from investors to its several sibling organizations. Significant Proceeds of Crime (PoC) were parked with many Navi Mumbai builders, including Baba Homes Builders and Developers, Lakhani Builders Private Limited, Monarch Solitaire LLP, and others, through a convoluted web of money trails. A probe found that the directors of Monarch Group had marketed the identical apartments to many purchasers. Without the consumers’ knowledge, they mortgaged the apartments that had previously been sold to get loans from the NBFC.
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Legacy of Learning: Education Pioneer Padma Shri Dr. D. Y. Patil Passes Away at 90
From establishing premier universities to serving as Governor, the visionary founder leaves behind an indelible mark on Indian education.
The Demise
Dr. Dnyandeo Yashwantrao (D. Y.) Patil, a pioneering force in India’s higher education landscape and former Governor, passed away in Kolhapur at the age of 90.
Affectionately honored as “Shikshanmaharshi” (Grand Teacher), Dr. Patil transformed access to professional education over a career spanning several decades. Through the D Y Patil Group, he established over 150 institutions including top medical colleges, engineering institutes, and deemed universities across Navi Mumbai, Pune, Kolhapur, and Mumbai.
His immense contributions to education and healthcare earned him the prestigious Padma Shri in 1991. Beyond academia, Dr. Patil was an influential figure in public administration, serving as a Maharashtra MLA and later as Governor of Tripura, Bihar, and West Bengal. His vision also brought world-class sports infrastructure to Navi Mumbai with the iconic D Y Patil Stadium.
Tributes have poured in from political leaders, academics, and citizens nationwide, honoring a leader whose legacy endures through the millions of students educated across his institutions.
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Commuters Left Stranded as NMMT Bus Breakdowns Surge During Peak Hours
Frequent mechanical failures and poor fleet maintenance trigger severe delays across Navi Mumbai, leaving daily passengers frustrated.
Breakdown
Daily travel has turned into a chaotic trial for thousands of residents as a wave of municipal bus breakdowns continues to disrupt peak-hour commutes across the region.
Passengers relying on the Navi Mumbai Municipal Transport (NMMT) network which ferries over 2.5 lakh commuters daily across Navi Mumbai, Thane, Mumbai, and Kalyan-Dombivli face persistent delays, missed connections, and dangerously overcrowded buses.
The frequency of breakdowns has sparked sharp concerns regarding passenger safety. Civic activists and groups like the Airoli Citizens’ Forum have formally escalated the crisis to senior NMMC officials, citing unaddressed maintenance lapses like faulty braking systems, worn tires, and sudden engine failures mid-route. Transit officials attributed the breakdown surge to technical snags worsened by rain and severe negligence by the private maintenance contractor.
In response to public outcry, authorities have blacklisted the failing contractor and handed maintenance back to original vehicle manufacturers, promising fleet reliability will improve in the coming days.
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Citizens Lose ₹68 Crore Across 178 Reported Cases
Spike in investment schemes and fake “digital arrests” leaves residents reeling as police push for faster reporting.
Cyber Crime Surge
A sharp surge in digital scams has siphoned off a staggering Rs 68 crore across 178 reported cases, highlighting the aggressive tactics used by cybercriminals.
Fraudsters are relying on high-yield online investment traps, fake job promises, and high-pressure “digital arrest” schemes where impostors pose as law enforcement officers over video calls to extort money. Senior citizens have been hit especially hard, often losing life savings in minutes.
A primary challenge for police is the speed at which funds are funneled through networks of secondary accounts and converted into cryptocurrency, leaving law enforcement able to recover only a fraction of the stolen money. Police urge the public to remember that no government agency conducts online arrests or demands money over video calls.
If targeted, report the crime immediately to the national helpline 1930 or at cybercrime.gov.in. Calling within the “golden hour” remains the single best chance to freeze funds before they disappear.
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