2 ‘ORM. (Under Section 154 Cr.P.C.) District: Chennat PS: £08 Chennai Yea 2022 FIR No: RC0692022£0008 Date: 24/03/2022 2, Acts &Sections: ets Sections R/Wsedtion Fe rare (220, 206 Pe Act 1986 Berm BOD, 3. Suspected offences: ‘enk Froud {@) Occurrence of offence: Day: ‘Time Period: From Date: 2010 Topate: 2013 (8) information Received at FSt Cal, £08, Chennal pate: 24/03/2022 (6) Goneral Diary Reference: Entry Nout os Date: 203/022 “time: 4, Type of Infarmation: Others 5, Place of Occurrence: Hyderabad (2) Direction Bdiztance from PS: North West~ 640 Kare Beat Now. (b) Address: Plot Wo. Pate tere fon ae gga; Hye city Hyderabad Pin: * 00034 State: Telangens Distrlet: Hyderabad (€) 1m case, outside the fimit of this Police Station, than Name of PS: District: 6 Complainant / Informant: Complatnant 1 {@) Name: Mr, Aranyedey Saha (b) Father's/tusband's Name: Late Aria Bhuson Soha (@) Date/Year of Birth: (2) Nationality: INDIAN (©) Passport: f _Passnort No. Date OF issue C Place Of issue () Occupation: Deputy General Manager (0) Address: Flot Ne area city Sate |_oewiae [Fin [Finjab National Bank [eona Sestra Centre _[Ryderabed [Telangana [Ayderebad [500016 7. Details of known/suspected/unknowm accused with full particulars: \ yo HEAD OF BRANCH Cat: EOR : CHENNAI Ane9 20. Fea 22. Accused 1 Namet M/s Chincholi Sugars & Bla Industries Ltd,, represented by its Drectors(A-2 to A-4)(1) Address: ‘Sif Laxmd Narasimha Nilaya, H.No 15, Sth Maln,, 13th Cross, M.S.R. Nagar, Mathikere, Bangalore, Bengalury (Bangalore) Urban, Kamatake, 560054 Unit No F, Sy No 239/1, 240/A, 249, 250,, Chincholl Vilage, Chinchol, Kalaburagl (Gulbarga), Kemataka Accused 2, Name: Mr.Thota Subberayudu (2), Father/Husband name: Thota Subbaramalah , Pesignationt Cirector ‘Address: HN, 6, Palm County, Shalkpet, Dargah Read, Hyderabad, Hyderabed, Telangana, 500040 Accused 3 Name: ——_Mr-Thota Madhu (3), Father/Husband name: Thota Subbararalah , Designation: Director Address: Plot No 96, HIG, Road No 2., Madhav Nagar Colony, Bhel Township, Raruchandrapuram, Hyderabad, Telangana, 502032 aw Accused 4 Name: Mr.Baburao Sengappa Pati (4), Father/Husband name: Sangappa patil , Designation: Director Address: ‘No 1/3/158,, Chincholl Vilage, Chincholi, Kalaburegl (Gulbarga), Kamataka, S85307 Accused 5 Name: M/s Turbo Machinery Engineering Industries Ltd.,(5) Address: Plot No 308, 1DA,, Bachupally Miyapur-Bollaram Road, Hyderabad, Hyderabad, Telangana, 500072. Accused 6 Name: Unknown Public Servant(s) & Private Person(s) \, Address: woh HEAD OF BRANCH - Reasons for delay in reporting by the camplainant/informant: Cai: COR : CHENNAI Particulars of properties stolen: ([“Rentame 7 ‘Age of Property i Estimated Value (In INR) 1 ‘Total value of property stofan: ‘Inquest Report/U.D. Case No., ifany: First Information contents: A written Complaint bearing No.: ZS8347/143/2021-2022 dated 22.03.2022 was received from Shri. Aranyadev Saha, Deputy General Manager, Punjab National Bank, Zonal Sastra Centre, Hyderabad against M/s Chincholi Sugars & Bio Industries Ltd.,( A-1) represented by its Directors Shri. Thota Subbarayudu (A-2), Shri, Thota Madhu(A-3) & Shri, Baburao Sangappa Patil (A- 4), M/s Turbo Machinery Engineering Industries Ltd.,(A-5), unknown public servants and unknown private persons, The allegation in the complaint in brief is that M/s Chincholi Sugars & Bio Industries Ltd., represented by its Directors have availed credit facilities in the way of term loan from Consortium Banks lead by Punjab National Bank to the tune of Rs. 215 Crs (PNB: 100.00 Crs, e-OBC: Rs. 50.00 Crs, Union Bank of India(E- Andhra Bank):40.00 Crs and SBI: 25.00 Crs respectively) to augment setting up Of Greenfield Integrated Sugar Plant at Chincholl Village & Taluka, Gulbarga, Karnataka, Further, It is alleged from the forensic audit conducted by M/s T R Chadha and Co LLP for the period covering 01.04.2010 to 31.03.2014 has revealed that M/s Chincholi Sugars & Bio Industries Ltd., represented by its Directors has misused 20f 22“gfe Term Loan facilities sanctioned by the consortium banks and paid Rs. 20.85 + rs to six firms, namely M/s Pristine Vintrade Pvt Ltd., M/s Simplex Mercantile Pvt Ltd., M/s Stoney Commercial Pvt Ltd., M/s Purple Traders Pvt Ltd., M/s Shives Vintrade Pvt Ltd & Sivics Vintrade and M/s Euphoria Commerce Pvt Ltd were having common address on their invoices as 13C, Bechu Chartterjee Street, Kolkotta-700009 and with no credibility for the work done/supplies made by them. Further, it is also alleged the Directors (A-2 to A-4) of A-1 Company has made payment of Rs. 22.45 Crs to four supplier firms namely, M/s Spring Vincon Pvt Ltd., M/s Priya Blue Industries Pvt Ltd., M/s Shubh Arya Steel Pvt Ltd., and M/s D2R Bio Informatics Limited towards supply of plant & machinery by using un- trusted and value hiked invoices. Further, it was pointed out in the Forensic Audit report that Rs. 10.02 Crores was paid to M/s Turbo Machinery Engineering Industries Itd.,(A-5) for which proper records and documents were not in place It is alleged that, the accused company after availing the credit facilities from the consortium banks, has modified and increased the scope of project before completing the same.. However, the project could not be completed since the promoters of the company instead of bringing their own contribution as margin money, they have round tripped the funds and projected the same to be their own contribution. In the complaint it is alleged that the accused borrowers along with unknown public servants and unknown private persons hatched criminal conspiracy among themselves to cheat consortium banks led by PNB and in furtherance of the said conspiracy, the accused borrowers, fraudulently diverted the loan funds by submitting untrusted/value hiked invoices of other companies and siphoned off the loan funds without completing the project and thus committed the offences of Cheating, Criminal breach of trust, Criminal Misappropriation, Criminal Conspiracy in furtherance of their common object to defraud the Consortium Banks led by PNB, thereby caused wrongful loss to the Consortium Banks to the tune of Rs.218.70 Crores and wrongful gain to themselves. Hence, the aforesaid acts of M/s Chincholi Sugars & Bio Industries Ltd.,( A-1) represented by its Directors and M/s Turbo Machinery Engineering Industries Ltd., (A-5), unknown public servants and unknown private persons prima-facioe disclose commission of cognizable offences publishable U/s 120(B) r/w 420, 406 IPC and Sec 13(2) r/w 13(1)(d) of PC Act 1988. Hence this FIR. The complaint dated 22.03.2022 of PNB, is enclosed herewith and the same may be read as part and parcel of this FIR. 33, Action taken : Since the above information reveals cammission of offence(s) u/s as mantioned at Reem No.2: (3) Registered the case and took up the Investigation: ves or (2) Directed ame of 10: Alex KC Rank: INSPECTOR (EOB Chennaf} Not 16521 wr . to take the investigation HEAD OF BRANCH on Ca. CO# : CHENNAL (2) Refused investigation due to: _— (9) Reape ne Districts int of jurisdiction. | Attached documents: Document nameComplaint against M/s Chincholi Sugars & Bio Industries Ltd., from PNB FIR read over to the complainant/informant, admitted to be corractly racordad and a capy given to the com} Jinformant, free oF cost. ee ws signature of 24, Sisnature/ Thumb Impression of Officer * the complainant/informant Inecharge Police Station Name: Sonal Chandra ‘SUPDT. OF POLICE Rani (08 Chernai) HEAD OF BRANCH 45, Date and time of dispatch to the Court . 8): EO: CHENNS Tht Principat epeciab Tadge 7 8! casts, fy terabad - ly set Sn aA Y Beene saves 2403] wre ak 20100 hrs, Risen 40f 22