Home Rajen Dhruv Hiren Dhruv Orbit Ventures Developers abscond HC directs Mumbai Police...

    Rajen Dhruv Hiren Dhruv Orbit Ventures Developers abscond HC directs Mumbai Police Commissioner to trace the duo for contempt of Court



    In their action against fraudster builders and developers, the Bombay High Court on Friday passed directives to the Mumbai Police Commissioner to trace the whereabouts of fugitive builders Rajen Dhruv and Hiren Dhruv of Orbit Ventures Developers. The duo are absconding instead of surrendering before the Court on Friday to serve their six months civil imprisonment for contempt of court.

    Earlier the court had directed the Mumbai Police to take both Rajen and Dhruv Hiren to custody to serve six months’ civil imprisonment.

    The Bombay HC posted the matter next to July 25 for the police to give a status report.

    Even Axis Finance had filed a contempt petition against Orbit Ventures Developers and their Rajen Dhruv and Hiren Dhruv.

    Reportedly, Senior Counsel Venkatesh Dhond, Axis Finance with advocates Rashmin Khandekar and Nishit Dhruva had argued how the builders were pleading for time but had never kept up to their assurances of paying money due in installments in February and March.

    Notably, the bench has also directed immediate freezing of their bank accounts, including their debit and credit cards. According to their counsel Firoz Bharucha on he was “embarrassed in as much as Respondent No. 2 and 3 (Dhruvs) have both absconded.” strangely enough he as well as the duo’s advocate Kiran Jain informed the HC that they have “no instructions” of the whereabouts of the builders’.

    Both Rajen and Dhruv Hiren were to be present in the Bombay High Court on Friday to surrender by 10.30 am.

    When the duo did not show up, the HC directed the police to swing into action. Earlier on March 23, the HC had suspended their sentence when they sought and were granted time to pay Rs 83 crore in six installments from March 31 to September 30, 2022.

    On July 21, for Axis Finance, Dhond informed the HC that out of Rs 51 crore payable by June 30, only Rs 15 crore was paid. On June 17, their lawyer informed the HC that they would be handing cheques of Rs 20.5 crore to Axis Finance on June 23 as they said Indiabulls Commercial Credit Ltd was funding them.
    The HC noted, “On 24th June 2022, respondent nos. 2 and 3 (the Dhruvs) started singing a different tune” and sought more time.

    On July 1, the HC granted them more time. On July 15, Indiabulls informed HC they are not going to fund Rajen Dhruv.
    The HC then posted matter to July 21 when it said, “There is no sign of money and we are satisfied looking at the past conduct of these respondents, that (the Dhruv duo) have been only abusing the indulgence granted by the court with no intention of honouring the undertakings given to the court.” The HC directed the sentence to come into effect immediately.

    News Edit: K.V.Raman



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