A partner in an agro-based totally company filed a grievance on Friday. Former cricketer Virendra Sehwag’s wife, Aarti Sehwag, has filed a criticism against her business companions, alleging that they took a loan of Rs four. Five crores by way of forging her signatures. She named eight of her enterprise companions, claiming that they took a glance from a Delhi-based totally creditor without her knowledge.
“The accused persons approached the lenders without any consent and information of the complainant … And availed loan of Rs four.5 crores from them,” the criticism submitted through Aarti to the police said.
She said that the accused encouraged the lenders by using her husband’s name and later solid her signatures on the tripartite settlement. Two postdated cheques have been issued to the creditors.
The company later failed to pay back the loan amount.
Due to the default, the creditors invoked the arbitration clause and filed a criticism within the courtroom. During the intending, it becomes surprising for the complainant to peer her signature and partite agreement, which she had by no means signed,” it brought. Based on Aarti’s complaint, the police have registered an FIR in opposition to the accused beneath Sections 420 (cheating and dishonestly), 468 (forgery), 471 (the use of as true a forged record), and 34 (not unusual intention) of the Indian Penal Code.
NEW DELHI: Public area Bharat Sanchar Nigam Ltd (BSNL) is inside the method identifying land parcels all around u. S. For monetization, which according to its internal estimate is worth Rs 20,000 crore in 2018-19.
The state-run telecom essential’s company workplace has circulated a list of land parcels proposed for monetization via the Department of Investment and Public Asset Management (DIPAM) within the first instance.
The time-certain monetization of land assets, mobile towers, and fiber networks will assist BSNL to earn a little money in those difficult instances of falling revenues and growing losses.
“The overall region of land parcels, which are spread throughout the united states and have in-built structures, homes, and factories, is 32. Seventy-seven lakh rectangular meters (sq.M) and the spareable land parcel is 31. Ninety-seven lakh sq.M” stated an earlier BSNL company workplace letter to its circles seeking their feedback.
“The truthful fee of the spareable parcel as of April 1, 2015, is Rs 17,397 crore, and the expected gift fair fee of those lands is Rs 20,296 crore. The enhancement in valuation is based totally on the cost inflation index for FY 2014-15 as 240 and FY 2018-19 as 280.
“The valuation of these land parcels is proposed to be done at the side of the systems lying inside the parcel after the in-precept approval for sale or lengthy-term rent by way of the government. The cost of homes has not been covered inside the Fair Value of land parcels”, it added.
BSNL telecom factories at Mumbai, Kolkata, West Bengal, Ghaziabad, Jabalpur, and wi-fi stations and other places of work and team of workers colonies were covered within the listing of land parcels to be monetized.
Some of these parcels are mutated simultaneously as some are not, and the repute of a number of those parcels are freehold, and a few are on leasehold.
Struggling with negative cash flows from services and an excessive monetary crunch due to a huge body of workers of 1.76 lakh, BSNL is seeking out non-core asset monetization under the extensive coverage of the authorities wherein DIPAM is the nodal branch.
BSNL is predicted to put up losses of over Rs 14,000 crore for the financial year 2018-19, whilst its revenue is slated to be around Rs 19,308 crore as in step with a written reply to the Lok Sabha with the aid of Telecom and IT minister Ravi
Salary expenditure is set to be a large 75 according to the company’s overall costs at Rs 14,488 crore. Its provisional loss in 2015-sixteen turned into Rs 4,859 crore, Rs four,793 crore 2016-17, and Rs 7,993 crore in 2017-18.
BSNL’s loss is anticipated to balloon to Rs 14,202 crore in 2018-19.
“Low tariffs because of fierce competition in the mobile segment, excessive group of workers price and absence of 4G offerings (besides in few locations) within the records-centric telecom marketplace are the primary motives for losses of
BSNL,” Prasad said.
In line with quarter tendencies, BSNL also had a dip in its revenue after Reliance Jio inside the marketplace in 2016.
The enterprise’s revenue is pegged at around Rs 19,308 crore for 2018-19, compared with Rs 25,071 crore in 2017-18 and Rs 31,533 crores in 2016-17.