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Vatika, its directors booked for fraud after Noida court order

Dated on: Thursday 30th March 2023

A city-based builder and its directors have been charged with forgery, fraud, and criminal conspiracy. Assotech Limited, a real estate firm based in Noida, claims that Vatika Limited entered into an agreement with it in 2012 to build a group housing society on 10 acres of land in Gurgaon. "Assotech paid Vatika around Rs 133 crore, but they did not honour the agreement," the Noida firm claimed in a police complaint.

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