Promoters of Karnal-based rice mill defraud banks of over ...
The company also had three rice mill plants, eight sorting and grading unite in Karnal. ... payment of Rs 4.49 crores was made to Acer Builders & Contractors out of Rs 13.78 crores which was not provided in the project report and an incomplete information was provided to banks (b) accused persons have falsified accounts, fudged balance sheets ...