Proof of indebtness of Ex-Inlaws.

Following is part of Public Records contained in FAO 424 of 2001 in High court of New Delhi;

24.8.95    Jagan nath of Jagan hardware Sector 28, Chandigarh; Father and Gopal Brother of Rajni admit in writing in Balance Sheet of Gopal Sales Pvt Ltd, that they are heavily in debt. Their financial debts are about Rs. 15.00 Lacs. In the year 1995 Jagan Nath (Father) and Gopal (Brother) had started Business venture in the name of M/s. Gopal Sales (Pvt)  Ltd.  To start this venture they borrowed heavily from their relatives including 5.00 lacs from Brij Singal and about 10 lacs from Raj Singal (M/s.Jupiter Metal. Copy of this Document Dt. 24.8.95. is Ex D-10 on record of Trial Court duly admitted by her Father. Rajni used to remain tense on account of indebtedness of her Brother and father. She had been asking me for money to financially help her father and brother She had been repeatedly asking me to allow her to take away property from the locker to give it to her parents so that they can repay their debts. I had declined this request.

Following statements have been made by them in Connection with Loans taken by them for this business venture.

Jagan Nath Father of Rajni:

"It is correct that I alongwith my Son opened a Private Company named Gopal Sales (P) Ltd.  I cannot tell the details of the loan contributed by Raj Singal as well as Brij Singal without going through the accounts. The certified copy of Ex.D-10 bears my signatures.  It is the certified copy of Balance Sheet of Gopal Sales (P) Limited. It is correct that at the time of opening that company myself and my son were the only shareholders."

Gopal Brother of Rajni:

I can neither deny nor admit that I took Rs. 10.00 Lacs from Raj Singal as loan for investment in the company.  Similarly I cannot tell the exact amount of loan taken from Brij Singal.  It may or may not be Rs 5.00 Lacs".

       

8.9.95 and 15.9.95 Rajni in order to settle debts of her brother and father leaves matrimonial home. She operates my family locker on 8.9.95. & 15.9.95 and leaves my house on 15.9.1995 alongwith all Household goods in company of her brother/father and their creditor Brij Singhal. As per the description given by late Sh. B.L.Premi Asst. Branch Manager, during the time of her clandestine operation of locker on 15.9.1995 she was accompanied inside the Bank by Sh. Brij Singal, to whom her Father/brother owed Rs 5.00 Lacs.

Locker was afterwards found empty. Last two operations of the Locker are by her. Copy of record of Visits maintained by the Bank is annexed as R-2. A local Commissioner was appointed to prepare inventory of contents of Joint Locker. He reported that Locker is completely empty. Report of the Local commissioner is annexed as R6 Property then worth more than Rs. 30 Lacs exclusively belonging to my Parents were stolen by Rajni and her father and brother Evidence on the same is annexed as R-7 and R-8. She has made conflicting Statements regarding operation of the Locker which prove her guilt beyond a shadow of doubt.

Thereafter the Debts of Brij Singal were paid off from the part sale of my articles and property including my ancestral gold coins and gold and gold Jewelry lying in the locker. Extract of his evidence giving evasive reply regarding source of repayment is reproduced below.:

BRIL SINGHAL Creditor of Rajni’s Parents:       

"I have given loan of Rs. 5.00 lacs to M\s.Gopal  Sales  (P) Ltd,  volunteered which has been returned now.  It was returned in the year 1996-97, I do not know whether at the time of return of money who was the Director. I know Raj Singal who is my Nephew and Kiran Singal who is his wife. I do not know whether Raj Singal and Kiran Singal are the directors of the above-referred company.   The loan which was returned back was by way of Cheque.  I do not know who signed that Cheque.   It is wrong to suggest that the firm repaid the loan to me after selling the jewellery etc, of the petitioner by her father". He is brother of Jagan Nath father of Rajni and strangely does not know source of repayment of his debt which only confirms that this source was sale proceeds of gold stolen from my locker which was held jointly with Rajni.

The other Rs. 10.00 lacs were owed to Raj Singal whose debts could not be paid off and he took over the business/assets of Rajni’s father and brother after 15.9.95 and owned Gopal sales Pvt Ltd thereafter.

Jagan nath and Gopal thus saved themselves from insolvency by virtue of stealing my ancestral gold.

Kapil Dev Aggarwal 

Click here for;

What I Did not Knew nor could imagine.

Dates and Events.

In-laws Indebtedness.

Proof of Theft by Rajni her Brother and Father

False Allegations to Loot Money

What happened in Appeal.

How her father lied 

How her brother lied 

How Brij/Creditor lied to pocket his debt to Jagan Family