Listed as a director and promoter alongside him is Amit Mehta, who is also a director of joint venture companies formed by Vadra and the real-estate giant DLF. The property deals that they concluded in Haryana were the subject of controversy over allegations of impropriety in the acquisition of clearances, and the quick profits booked by Vadra. Vadra’s office did not respond to questions from HT. Telephone calls, emails and SMS messages to his spokesperson Manoj Arora also went unanswered.
All six companies are now listed by the ministry of corporate affairs as “having status under the process of being struck off”. When that process is complete they will legally cease to exist.