Since the schemes were very lucrative, many innocent persons subscribed to the schemes.
Many people who were to get money companyplained of cheating stating that on the date of maturity, the certificates issued were number honoured.
Five properties were attached.
1000 OF 2007 Arising out of SLP Crl.
A public numberice was issued by the learned Metropolitan Magistrate directing attachment of the properties.
Grievance was made that numberwithstanding the order of attachment the properties were either disposed of or dealt with in a manner companytrary to the order of attachment.
Initially, the application was filed for appointment of Receiver in respect of M s Habib Group of Companies and to make an order to attach the properties.
Grievances in short were that one M s Habib Investments Ltd. incorporated under the Indian Companies Act, 1956 in short the Act advertised in various newspapers inviting the general public to subscribe in various Fixed Deposits and saving schemes.
No.3317 of 2004 Dr. ARIJIT PASAYAT, J. Leave granted.
CRIMINAL APPEAL NO.
The learned Additional District and Sessions Judge rejected the application filed by the appellants on the ground that they had numberlocus standi to file a revision petition.
First Information Report was lodged with the Police Station, Lahori Gate, Delhi.
Various persons were appointed as agents on companymission basis to companylect the money from subscribers.
Challenge in this appeal is to the order passed by a learned Single Judge of the Delhi High Court dismissing the application filed by the appellants.
Challenge in the petition before the High Court was to the order passed by a learned Additional District and Sessions Judge, Tis Hazari Court, dismissing the Criminal Revision Petition filed by the appellants.
