Jeevesh Sabharwal — Not only real estate frauds - frauds in general

TRUTH BEHIND FAKE EMPIRE OF JEEVESH AND NARESH SABHARWAL – This father son duo have been defrauding people for over 35 years now, starting from selling stolen cars (https://www.casemine.com/judgement/in/58117e5e2713e[protected]b0)

to snatching money from people in daylight (https://timesofindia.indiatimes.com/city/delhi/justice-delayed-nri-says-he-is-b...⇄
to bribing official and lying about their relations to high post individuals all to scamming Individuals.

From fake degree from non-existing WESTERN UNIVERSITY, to driving NPA loan car

to living in house with Bank repossession arbitration going on (https://indiankanoon.org/doc/[protected]/)

M/S. Pnb Housing Finance Limited vs Sushila Sabharwal & Ors on 28 February, 2020
* IN THE HIGH COURT OF DELHI AT NEW DELHI
+ OMP (ENF.) (COMM.) 170/2019, EA (OS) 608/2019
M/S. PNB HOUSING FINANCE LIMITED ... Decree Holder
Through Ms. Priyanka Raj, Advocate.
versus
SUSHILA SABHARWAL & ORS. ... Judgement Debtors
Through None.
CORAM:
HON'BLE MS. JUSTICE JYOTI SINGH
ORDER
Warrants of attachment could not be issued due to want of process fee by the decree holder.
Issue fresh warrants of attachment against property bearing No. C-36, First Floor, Gulmohar Park, New Delhi-110049, returnable on 20.04.2020.
JYOTI SINGH, J FEBRUARY 28, 2020 yo/
Reporting Property C36, GULMOHAR PARK, PS:, DIST: NEW DELHI,
STATE: DELHI, 110049, INDIA is also under litigation for NP Loan. In respect to 14 crores taken from PNB the bank against their house another 8.5 CR loan taken from Bank of Maharashtra, Sabharwals are not only cheating home buyers but also banks. And not only this loan of 26+ crores taken by them was declared NPA i.e not paying amount by reputed bank named Indian overseas bank, and for the sake bank has taken over the pledged land and property and now the fir is filed against his fraud.
They are a true representation of FAKE, FAKE AND FAKE TILL YOU FEEL ITS REAL.

There are Multiple FIR’s have been filed against Jeevesh Sabharwal, Naresh Sabharwal and Ambika Sharma and defrauding people and showing fake documents in front of court and police. Charge sheet for other projects in Noida named IRIDIA, Greater Noida named ORRIZONTE, Amritsar and Jammu in which Jeevesh Sabharwal again done fraud of above 500 crores to the innocent customers.
Their companies like HORIZON BUIDCON, SHIVAM ESTATES have multiple cases against them from cheque bouncing to siphoning funds. Over 450 cases active against father son duo of cheque bouncing: LIST OF FEW CASES:
Criminal Complaint No. 4661/2018
Criminal Complaint No. 4662/2018
Criminal Complaint No. 4663/2018
Criminal Complaint No. 4664/2018
Criminal Complaint No. 4665/2018
Criminal Complaint No. 4666/2018
Criminal Complaint No. 17158/2017
Criminal Complaint No. 17157/2017
Criminal Complaint No. 10250/2019
Crl. MC 5565/2019
Criminal Complaint No. 4299/2017
Complaint Case No. 2836/2017
Criminal Complaint No. 5771/2017
Criminal Complaint No. 5590/2017
Criminal Complaint No. 5772/2017
Criminal Complaint No. 5774/2017
AND MANY MANY MORE

and multiple charge sheets of siphoning 23 CR from one project IRIDIA (Cr. 25467/2019 - State v. Jeevesh Sabharwal, FIR 190/2016 P.S. EOW, IRIDIA) in HORIZON BUILDCON and 54 CR in Project ORIZZONTE in company SHIVAM ESTATES (Cr, Case 24847/2019 - State Vs. Jeevesh Sabharwal Suninder Sandha (EOW-Homebuyers) FIR 175/2018 P.S. EOW ORRIZZONTE) from innocent customers in name of bogus constriction bills.

FURHTER Complaints against
1. Mr. Jeevesh Sabharwal
2. Mr. Naresh Sabharwal,
3. Ambika Sharma,

2 FIR’s registered against them in JAMMU for their illegal projects
2 FIR’s 254/18 and 26/20 against them for defrauding their partners of money and filing fake document in court.
Directors of M/s. Horizon Buildcon Private Ltd. having Registered office: C-36, Gulmohar Park, New Delhi 110049. Complaint is filed to bring to your kind notice the illegal acts committed by above said accused persons in conspiracy with each other. | am the Director of a reputed real estate company filed a complaint against Accused Jeevesh Sabharwal, Naresh Sabharwal and Ambika Sharma are the directors of a company M/s Horizon Buildcon Pvt.Ltd. engaged in business of construction and marketing, retail of flats, residential, commercial complexes and general infrastructure development. Accused Rakesh Khatana and B.K.Mishra are the parsons who gave false title reports and false legal reports in respect tothe project land. In September/October 2012 the above Accused Naresh Sabharwal and Jeevesh Sabharwal, Directors of Horizon Buildcon Pvt, Ltd. came to me and told me that they have entered into a collaboration Agreement dated 28.08.2012 registered with sub registrar, Amritsar falling within the revenue estate of village. The accused persons represented to me that by virtue of said collaboration agreement they are fully entitled as absolute owners and hence undertaking ‘the development and
construction of a multistoried group housing residential apartments. It was also represented by the accused persons that their company Horizon Buildcon Private Limited is fully competent ana absolutely free to prepare the building plans, layouts interiors etc, to determine price of the flats and such- other acts as and when required, to allot and issue the allotment letter to prospective buyers and execute the agreement to sell and can act as rightful owner of the said land. In order to inauce me to erter into ‘Marketing Agreement’ for the proposed project Accused persons shown. Me a verificatian title report dated 01.10.2012 prepared by Accused. №5 Rakesh
Khatana CA per who there was no dispute or Gave notification or encumbrance of any kind whatsoever on the said land. Jeevesh Sabharwal floated a project by the name of ‘IRIDIA’ on the above said land in which the construction was to be done by their company i.e.Horizon buildcon Private Ltd, Accused No 4. In order to take further money from me Accused Persons made represented that the project is coming up at the land which is freehold property instead of leasehold property from NOIDA Authority, that the project was clear of all
encumbrances, had been obtained and further represented that the project would be delivered on time with top quality construction. Jeevesh Sabhrwal and Naresh Sabharwal also represented that major in November. 2015 again assured National Banks & financial institutions (like SBI and Punjab and Sind Bank) have approved their project. | and various home buyers were also shown many approvals from Zila Panchayat and other authorities on this project in order to take more money from us. They also showed a sanctioned letter which was
purported to be issued by Noida Development Authority. On 23/09/2014 Noida Authority pasted a Notice on the project site stating that the IRIDIA’s project construction is illegal. Upon reading the said Notice | was shocked to know that the Jeevesh Sabharwal were constructing the said project in violation of the Master plan and had not
obtained approvals from the Local authorities .It is clear that the Rakesh Khatana and B.K. Mishra who are working with Jeevesh sabharwal, Naresh Sabharwal and Ambika Sharma in conspiracy with other Persons prepared false reports in order to defraud and public at large. When confronted the same from Jeevesh Sabharwal, these litigations and fraud committed by Jeevesh Sabharwal.Jeevesh Sabharwal have cheated many home buyers. So be safe and beware of the builders like Jeevesh Sabharwal.
Another feather in their fraud crown is the loss of their flag ship FRAUD Company HORION BUILDCON through NCLT for which IRP has been appointed and even their appeal against that at NCLAT has been dismissed. Finally some justice and respite for customers.

In recent time Sabharwals have been trying to flood internet with their praises writing fake articles with all sorts of imaginary information about how great they are and how they manage a successful business, this is a pathetic attempt to hide their frauds from more potential innocent people. BEWARE of these FRAUDS.