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99 Yatra
Mumbai man forged papers of 350-acre land in Kutch
20 June 2018
Rajkot: Bhadresh Mehta, the promoter of Mumbai-headquartered Bhadresh Trading Corporation, who was arrested for bank fraud by the anti-terrorist squad (ATS), had mortgaged nearly 350 acres of land in Kutch using forged papers way back in 2012.
He had mortgaged the land to obtain nearly Rs 750 crore from some public sector banks.

Mehta allegedly mortgaged 61 parcels of land (nearly 350 acres) of various villages in Bhuj taluka to obtain the loans. The land was allotted to his company in August 2012 with the condition to start the operation within one year but nothing has come up on the land. This was stated in a report of the sub-divisional magistrate submitted to Kutch collector after Right to Information (RTI) activist Datesh Bhavsar got these facts through various applications.

ATS had arrested Mehta (61), a resident of Infocity Tower on Narayan Dabholkar Road in Mumbai, for obtaining a loan from a public sector bank by mortgaging a land parcel in Dehgam by forging documents. At present, he is in the custody of CID (crime).

In 2012, Kutch deputy collector had allotted nearly 61 parcels of land in Nani Reldi, Mota Varnora, Zikdi and Paiya villages in Bhuj taluka to the firm for setting up an agro food processing park. The condition of the allotment was that the company had to obtain necessary permission and start the unit within one year. kutchhis globally , from Mumbai

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