Here's an example of Dhillon family connections to shell companies

Recently I received a message from someone who replicated part of the research that journalists with the Indian financial press have been doing in connection with the financial scandal involving the Singh brothers, their guru cousin (Gurinder Singh Dhillon), and close associates of the Dhillon family.

I'm sharing what this person learned by delving into public business records for several reasons.

One, it's interesting. Two, it shows what lies beneath the many stories published by the Indian financial press, which some defenders of the Radha Soami Satsang Beas guru wrongly call "fake news." Three, it points to the fact that if this much can be learned by an ordinary citizen or reporter, investigative authorities in India surely are able to learn much more.

As background to what you'll read below, Luminous Holdings is one of the 56 entities the High Court of Delhi has ordered that money be recovered from, so the Singh brothers can pay a $500 million settlement owed to Daiichi Sankyo after it was found that the brothers failed to disclose information about adulterated drugs in the course of Daiichi buying Ranbaxy, their pharmaceutical firm.

Here's an excerpt from a September 2018 blog post I wrote about a The Indian Express story that mentions Luminous Holdings.

According to a source privy to the development, some senior members of the sect recently asked Dhillon about his reaction to various news reports regarding the Singh brothers. The source said that Dhillon told these members that he has answers to all the questions that have been raised and he will give the answers himself at an opportune time. Dhillon told the senior members that spiritual and business aspects of our lives are separate and that devotees should focus on the former and not get diverted from it.

The RHC Holding as well as the RSSB did not respond to the queries sent by The Indian Express. Another source — involved with RSSB’s corporate dealings — added that Dhillons have been in business with Singh brothers for a very long time. “Take the example of Luminous Holdings, which was set up in 2002, and has Babaji himself as a director. Moreover, his wife Shabnam Dhillon is the other director of this company,” he said.

According to documents with corporate affairs ministry, Luminous Holdings had a long term borrowing of Rs 6.5 crore as on March 2017. Of that, around Rs 4.4 crore came from Delhi-based Fern Healthcare. In June, a probe by law firm Luthra and Luthra found that Singh brothers moved about Rs 475 crore from Fortis to various private companies. Fern Healthcare was one of them.

Thus it isn't surprising that it is taking investigators in India quite a while to understand the complex web of financial transactions, many of them fraudulent, that involve companies once controlled by the Singh brothers and the Dhillon family. The message that I received deals with only one small strand of this web.

Read on... (As noted above, Shabnam Dhillon is the wife of Gurinder Singh Dhillon, the RSSB guru.)

Hey Brian, hope you're well. Sharing some of my recent findings. I've conducted some research into the shell companies, purely out of curiosity :)

zaubacorp.com is a reliable directory/website where you can find out details about Private Limited Companies. All of which are public domain information made available at Ministry of Corporate Affairs website (Government-owned).

 

http://www.mca.gov.in/mcafoportal/showEnquireDIN.do

 

Shabnam Dhillon is registered with Ministry of Corporate Affairs (MCA). Their DIN is 00995960.  [Director Identification Number (DIN) is a permanent number assigned to Directors of registered companies]

 

The following link will show only one company associated with Shabnam Dhillon, but if you register on this website (free) you can see historic data of associations (now that's a gold mine for some investigation IMO).

 

https://www.zaubacorp.com/director/SHABNAM-DHILLON/00995960   Attached screenshots show past associations.

 

Came across this interesting company "LUMINOUS HOLDINGS PRIVATE LIMITED"  guess who are the Directors? Check the 2nd attachment. GSD [Gurinder Singh Dhillon] himself is one of them but his DIN is in an inactive state, means he is no longer listed as a director on any of the shell companies.

 

Clearly, they are trying to remove any links to Dhillon family to shell companies, as you can see most of the current Directors are recently appointed 2016-19. Unfortunately for them, there are a lot of services like zaubacorp.com where you can find historic data too.

 

You are probably aware of most of these companies, I just wanted to share what I came across. I'm closely watching how the local media (mostly English, financial press) is covering this whole fiasco. One thing is very clear, GSD is way deep into this whole shebang. And they're doing whatever it takes to cover up any traces. 

This is the screenshot of the current and past directors of Luminous Holdings. You can see that the two current directors took over on May 4, 2019, the day Gurinder Singh Dhillon ceased to be a director. His wife, Shabnam, ceased to be a director a few days later, on May 9, 2019.

And I believe the following screenshot is a list of past companies Shabnam Dhillon was a director of.

Note that Prius Real Estate, Prius Commercial Projects, and Sharan Hospitality are some of the companies in this Business Today graphic of how money flowed into the pockets of the Dhillon family from companies once controlled by the Singh brothers. 

So any claim by the RSSB guru that he and his family didn't receive any money from RHC Holding, Fortis, and other Singh brothers' entities almost certainly would be false.

 

Comments

[GS]

It must also be taken into consideration that Parminder Singh Sekhon, H/o Puneet Kaur Sekhon, is also the brother-in-law of the guru. This is another indication of family business syndicate, and the money stayed amongst the close relatives only.

http://www.babushahi.com/view-news.php?id=51330&headline=Parminder-Singh-Sekhon-appointed-Advisor-to-CM,-Punjab

[Baba Land Grab Singh]

Baba has been in shady business with Majithia- Badal gang for a long time.Those who do not know Mjithia,Google search " jagdish bhola and majithia connection".

[Jagga]

Some updates...
https://www.google.com/amp/s/m.economictimes.com/news/company/corporate-trends/ihh-infusion-into-fortis-dubious-clandestine-sc/amp_articleshow/72101534.cms

[Guru Rakha]

Just found this on an old Article.....

Though the dera has had ideological issues with SAD’s philosophy of devotion to Guru Granth Sahib and not to any living guru, the Badals have a close relationship with the dera head. Deputy chief minister Sukhbir Singh Badal’s brother-in-law Bikram Majithia is married to the dera head’s niece Ganieve Grewal.

With elections round the corner, political meetings have been on the upswing. The SAD-BJP government has appointed Baba Gurinder Singh Dhillon’s brother-in-law Parminder Singh Sekho ..

https://economictimes.indiatimes.com/news/politics-and-nation/dera-chiefs-play-gurus-to-tallest-of-politicians/articleshow/55736977.cms

[JS]

To the rational, impartial mind, it’s increasingly obvious GSD is firmly involved in the fraudulent activities that have led to Malvinder & Shivinder (& Sunil) being held in custody for well over a month now

Surely, surely, the authorities have enough evidence to bring the whole Dodgy Dhillon family in now for formal questioning?

The only reason this hasn’t happened already will be India’s Achilles Heel, Corruption. Massive test of Modi’s government and their anti-corruption drive!

“Let justice be done though the heavens fall”

[Maria de La Torre]

Well said, JS.

[X17]

Surely, surely, the authorities have enough evidence to bring the whole Dodgy Dhillon family in now for formal questioning?

The only reason this hasn’t happened already will be India’s Achilles Heel, Corruption. Massive test of Modi’s government and their anti-corruption drive!

Posted by: JS | November 18, 2019 at 10:16 PM

Too good.

You seem to know a lot of what's available with the investigative agencies and reasons for GSD still a free man.

Could you share the entire dope you have for our benefit as well.