Four relative formed a p.ltd company after closing partnerships firm on13 Feb 2015.run by wife and husband .All three of them convinced forth man to pledge his house property in the bank to do business. Leaving their words Forth man pledged his property got loan in name of the company. One man posing as managing director withdrew the entire money and deposits in their private firm account. Not paying single pie to the bank, no shares were given .like that cheated ete.
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