Anubhav Group of Companies

       I. Gist of the Case: -

       A Criminal case was registered against the Chairman and Directors of Anubhav Group of companies in Chennai City Police, CCB Cr .No 1431/1998 U/s.120 (b), 409, 420 r/w.34 IPC on 13.10.1998. Subsequently, this case was transferred to EOW-II Chennai on 22.01.2000 for further investigation.  The Honourable High Court of Madras in its order dated: 02.11.1999 appointed Provisional Liquidator and Administrator Tr.Ravindran to take over the management. Again on the orders of the Honourable High Court of Madras the company was brought under the ambit of liquidation on 26.03.2000, 09.06.2000 and 21.06.2000 and Administrator continued thereafter.


      II. Accused Details: -

S.No.

Cr.No.

No. of accused

1.     

1431/1998, U/s.120 (b), 409, 420 r/w.34 IPC

24

2.     

46/2002, U/s.5 of TNPID Act

10

3.     

47/2002, U/s.5 of TNPID Act

03

4.     

48/2002, U/s.5 of TNPID Act

28

TOTAL

65

 

 

S.No.

Cr. No.

Accused details

Arrested

Surr.

A/B

Died

Abs.

Dis.

RCN

TOTAL

1.     

1431

07

06

03

04

-

03

01

24

2.     

46

06

04

-

-

-

-

-

10

3.     

47

01

01

-

-

01

-

-

03

4.     

48

10

-

11

-

07

-

-

28

TOTAL

24

11

14

04

08

03

01

65

 

       III. High Lights:-

 

1.    Cr.No.1431/98, U/s.120 (b), 409, 420 r/w.34 IPC, Cr.No.46/02, 47/02 & 48/02, U/s.5 of TNPID Act.          

2.   Total amount involved: Rs.109,68,70,513/-

3.   Amount refunded by the company: Rs.107,95,77,133/-

4.   Total No. of Claims settled  - 32,365 depositors

5.   Total No. of depositors: 33,761

6.   Company claimants before the Administrator / OL: 33475 depositors.

7.   By order dated 21.11.2006, this Hon’ble Court had directed the Administrator to give 50% of the amount invested/deposited out of the total amount to the Investors / Depositors as 1st Instalment.

8.   By order dated 29.04.2008, the Hon’ble Court was pleased to direct the Administrator to disburse another 50% of the amount as 2nd Instalment .

 

        IV. Efforts taken by EOW-II:-

 

       v   All the cases have been charged after the completion of investigation.

       v   The Chairman of the company C. Natesan was detained under Judicial custody for the continues period of 8 years. He was released on bail on 22.03.2007.

       v   One accused Balagurusamy was declared as Proclaimed Offender and Red Corner Notice   has   been issued through Interpol.

V. Latest Development: -

As on 30.06.2015, 1396 depositors are pending for settlement.  Value of claims to be settled is Rs.1,72,93,380/- (Rupees One crore seventy two lakhs ninety three thousand and three hundred and eighty only) . The Hon’ble High Court has to pass orders for sale and the remaining 1396 depositors will be settled (100% Settlements).

 

  VI. Present Stage of the case.

 

    The repayment of interest amount to the depositors of Anubhav Plantation Ltd., is in process before the Official Liquidator. Hence the depositors are asked to approach Official Liquidator for their interest amount.

    If anybody not received the principle amount those who have made deposit with Anubhav Plantation can also approach the Official Liquidator for any clarification amount.

    

 

Any further information on repayment the depositors may please contact: -

 

Tr. Achutha Ramaiya,

Official Liquidator,
Corporate Bhavan,

No.29, Rajaji Road, 2nd Floor,

(Opp. Beach Railway Station)

Chennai-1

PH: 044-25271149,

044-25271152.

Tr. P.R. Jesurajan

Deputy Superintendent of Police,
EOW -II,

SIDCO, Old Corporate Building,

Thiru.vi.ka Industrial Estate,

Guindy, Chennai – 32.
Phone No: 9444938389