Flak buyers are accused of bail, fraud and forgery of the CEO of OSB Group in Fraud of Crores - NCR OSB Group CEO's bail denied in a flat copper fraud case

Updated: Wed, 17 Sep 2025 11:17 am (IST) Gurugram Sessions Court rejected the anticipatory bail of the OSB Group Ceo Sanjeev Kumar. He is accused of fraud of crores of flat buyers. The complainant claimed that the company took Rs 2.87 crore from him in the name of investment and later promised to give apartments, but sold the apartments to someone else. Dialogues Associate, Naya Gurugram. The judge of the Judge of Sessions, Vani Gopal Varma, Gurugram, rejected the anticipating bail pleader of Sanjeev Kumar, CEO of Ocean Seven Buildtac (OSB Group) private limited. This order was pronounced on Monday night. Sanjeev Kumar, along with the owner of the company and other officials, has serious allegations of fraud and forgery of a flat buyer. Remove the ad, just read the news, On May 14, police in the police station sector-50 have a fir against the managing director of OSB Group, Swaraj Singh Yadav, CEO Sanjeev Kumar, Officer Naveen Jha and another. The complaint was given by Amit Rastogi, a resident of Vatika City, Sector-49. He claims that the accused took Rs 2.87 crore in the name of investment of him and promised that they would receive 18 percent annual profit instead. When the amount was not returned by the year 2022, it was decided to give seven apartments of management quota at OSB Expressway Towers in the sector-109 located under the agreement. The builder allegedly later transferred to others to others without permission and also threatened to kill them for protest action. Sanjeev Kumar filed an anticipating bail application on September 3 to avoid arrest. During the hearing, he said that he resigned from the post of CEO last year and that he has no connection with the case. On the other hand, lawyer Manish Shandilya, on behalf of the Express Way Towers Buyers Association, told the court that the OSB group had left three residential projects incomplete with rupees of about two and a half thousand flat buyers. The court rejected the bail pleader that the case was serious and that bail could affect the investigation. Senior proponent of Gurugram Manish Shandilian says the Department of Town and Land Planning also filed two cases against OSB group owner Swaraj Singh Yadav. One of these also contains the name Sanjeev Kumar. The court made appropriate decision and rejected the anticipating bail.