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3C's director held over pending dues of Rs 100 crore

BY Realty Plus

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A director of real estate group 3C was on Monday arrested from his Delhi office by the Gautam Buddh Nagar administration for allegedly defaulting on payments of more than Rs 100 crore, officials said. Surpreet Suri was absconding ever since three recovery certificates (RCs) were issued against the realty group in 2018 and had stopped coming to the firm's Noida office, leaving several buyers, who were awaiting possession of their flats, in the lurch, they said. "Suri was held from his Lado Sarai office in south Delhi today by a team of Gautam Buddh Nagar administration officials. Three RCs were issued against the 3C group, including one related to the National Consumer Forum for Rs 35 crore, another for Rs 65 crore and one around Rs 4 crore," Sub-Divisional Magistrate, Dadri, Rajeev Rai told . "He had become inaccessible to the people and administration officials here despite such huge payment defaults by his group. He had completely stopped coming to the Noida office and was on the run for over a year now," he said. "The district administration was tracking his movements in Delhi and finally nabbed him today. He has been locked up," he added.

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