HindustanTimes Mon,22 Dec 2014

Robert Vadra quietly closing down six companies

Sandeep Pai, Hindustan Times  New Delhi, July 08, 2014
First Published: 09:14 IST(8/7/2014) | Last Updated: 09:52 IST(8/7/2014)

Robert Vadra, the husband of Priyanka Gandhi, is quietly closing down six companies set up just two years ago.


The firms have never filed annual returns or balance sheets, an examination of company records by HT shows.

Lifeline Agrotech, Greenwave Agro, Rightline Agriculture, Future Infra Agro, Best Seasons Agro and Prime Time Agro are all private limited companies established between June and August 2012, purportedly as agriculture or agro-processing firms. Vadra is named as managing director and promoter in company records.

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.

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