FIR Registered as Police Probe Alleged Sale of Disputed Land to Charitable Trust
Police have registered a First Information Report (FIR) against two individuals in connection with an alleged ₹5.67 crore land fraud, after a charitable trust claimed it was sold 14 plots of land that were allegedly already mortgaged to a bank and had reportedly been sold to another buyer decades earlier.
The investigation focuses on the ownership history of the land, mortgage records, financial transactions, and legal documents associated with the property deal.
The case underscores the critical importance of comprehensive property due diligence and auditing services in india before major real estate acquisitions.
Trust Purchased Land for Educational Institution
According to the complaint, Career Convent Educational and Charitable Trust was searching for land to establish a school and college when Bhola Nath Shukla and Vinay Kumar Shukla, who allegedly represented themselves as directors of Tripurari Shelters Pvt. Ltd., offered to sell 14 plots located in Mahona, Bakshi Ka Talab.
The trust alleges it purchased the land for ₹5.67 crore, and the properties were registered in its name after the required legal formalities were completed.
Believing the land to be free from legal encumbrances, the trust began preparations for construction.
Alleged Fraud Surfaced During Construction
According to the complaint, the issue came to light on May 1, when construction work commenced.
A bank official reportedly visited the site and informed representatives of the trust that the land had already been mortgaged to secure a bank loan. The official allegedly warned that the bank could initiate possession proceedings if the outstanding loan remained unpaid.
Previous Sale Allegedly Discovered
The complainant further alleges that a subsequent verification of property records revealed the same land had already been sold in 1985 to Mohit Sethi.
The trust claims this raised serious concerns that it had acquired disputed property based on misleading or fraudulent documentation.
The complaint also alleges that when the trust sought clarification from the sellers, they were threatened.
These allegations are currently under police investigation and have not been adjudicated by a court.
Police Register FIR
Following a preliminary inquiry, police found sufficient grounds to register an FIR against the two accused on allegations including cheating and other applicable offences.
Investigators are examining:
- Sale deeds
- Ownership records
- Mortgage documents
- Revenue records
- Bank encumbrance records
- Other legal documentation
to determine the actual ownership status of the property and the circumstances surrounding its transfer.
Financial Trail Under Investigation
Authorities are also tracing the movement of the ₹5.67 crore paid by the trust.
Investigators are examining:
- Bank transactions
- Beneficiaries of the payments
- Possible involvement of intermediaries
- Associated companies or individuals
Officials stated that additional accused could be named if further evidence emerges during the investigation.
Importance of Property Due Diligence
Property law experts note that disputes involving concealed mortgages, multiple sales of the same property, and fraudulent documentation highlight the need for robust due diligence before purchasing land.
Key verification steps include:
- Title verification
- Mortgage and encumbrance checks
- Revenue record examination
- Prior sale history
- Independent legal review
- Bank charge verification
The investigation remains ongoing.