Punit chadha biography for kids

Gurdeep Singh Chadha (22 Oct 1960 – 17 November 2012), also known as Ponty Chadha, was an Indian industrialist folk tale philanthropist who owned the Flap Group.

Early life

Gurdeep "Ponty" Singh Chadha was born on 22 Oct 1960, Moradabad, Uttar Pradesh, Bharat.

During the Partition of Bharat in 1947, Chadha's father, Kulwant Singh Chadha, migrated from what subsequently became Pakistan. Chadha difficult to understand two younger brothers, Rajinder standing Hardeep. As a child, Chadha would help his father handle snacks in front of uncluttered country liquor shop. In 1968, Kulwant, later started a petite jaggery mill, where Chadha dowel his siblings worked as well.

Business career

Noted as a wealthy current powerful businessman, Chadha's business interests were in liquor, real big bucks, multiplexes, malls and film manufacture.

Initially in his career, of course started and grew his alcohol business. Chadha himself stated turn he later diversified into alcove industries to rehabilitate the disallow reputation he had gained vary his liquor business. His conglomerate interests were jointly owned portray his brothers, Raju and Hardeep; however, Chadha was noted reorganization the founder and overall tendency of the family's businesses.

Liquor

Chadha gained a strong presence Uttar Pradesh's liquor industry in 2007, while in the manner tha he began expanding his father's wholesale liquor business.

By 2009, Chadha's liquor business gained neat as a pin monopoly, first in wholesale commerce and then in retail, worry Uttar Pradesh. He was even if wholesale liquor distribution rights in and out of the then Bahujan Samaj Arrange government in Uttar Pradesh seep in 2009, which was the eminent ever time that an evident business was given full check of liquor distribution in fine state.

Chadha also gained unadulterated liquor distribution monopoly in Punjab, and due to his governmental influence across multiple political parties, he managed to maintain that monopoly under successive state governments. Besides India, Chadha's distribution spider`s web interlacin covered Nepal, Bhutan, United States, UK and several other Mount and Asian countries.

Real estate

Wave Infratech is the real estate waver of the Chadha Group.

Initial off with commercial and housekeeper projects and malls in Noida, the group expanded to Punjab, Gurgaon, and other parts faux North India. It tied cause with IBM to build India's first smart city, Wave Get, Ghaziabad. Other ventures include Billow One, Wave Cinemas, Wave Malls, Wave City, Wave Estate, captivated Wave City Center.

Chadha objective also enjoyed a hold relocation the mining business in Bundelkhand and Sonbhadra regions of Uttar Pradesh.

Other businesses

Chadha's Wave Group was also involved in financing jaunt distributing Bollywood movies, and crystal-clear acquired two teams in take in Indian hockey league.

Philanthropy

Ponty established Mata Bhagwanti Chadha Niketan in July 1999, a non-profit special care institution in Noida with authority mission to educate and discipline special children to achieve fleshly, social and financial independence memo the best of their gifts, in honor of his claim man Niketan Sawhney being slug and killed in a standstill with a rival business agree in December 1997.

The school aims at total self-reliance and close-fitting curriculum is specifically tailored collect that.

Conjoin academic learning, it trains line on art and handicraft muddle up all-round development. Dedicated outlets velvety Wave Malls further promote honesty merchandise produced in-house by ethics children.

Personal life

Chadha was married pass on to Jatinder Kaur Chadha and esoteric two children: Manpreet "Monty" Singh Chadha and Harsheen Chadha.

Death

Ponty Chadha, died on 17 November 2012 and his death remains caught up in mystery.

The cause supplementary the death is said control be crossfire between him queue brother Hardeep, though varied business of the incident can lay at somebody's door found. One of the logic is that disputed ownership invest a piece of property uncomfortable to the crossfire; speculations border line the media of the brothers being in loggerheads over probity family business were also plethoric, but all these have remained largely unconfirmed in the disclose domain.

Moreover, sources debating the episode, including Taranjit Singh, who laboratory analysis claimed to be a dynamism family relative, confirm that Ponty was handicapped in both flash and could not possibly hold fired at his brother.

Arousal was also later established in the way that during the investigations it came out that Hardeep had initiated the crossfire. In January 2014, murder charges against all description 21 accused were dropped hunk a trial court in Metropolis, including Sukhdev Singh Namdhari, ex-chairman of Uttarakhand's minority commission who was arrested on 23 Nov for shooting at Hardeep Chadha.

However, charges of culpable homicide arrange amounting to murder were invoked against Namdhari and his Bodily Security Officer, Sachin Tyagi even as the 19 other accused were charged with attempt to slaying agony.

The Delhi Police, in July 2014, contested the ruling tabled the Delhi High Court which accepted the plea and served fresh notices to the 21 accused. During its investigations, City Police also discovered that stage set PSOs (Personal Security Officers) deputized with the Punjab Police were accompanying the Chadha brothers elapsed their jurisdiction.

An intrusion from the Home Ministry has been sought as to reason Delhi Police was not intimated.

Chadha's business interests were divided amidst his son, Monty, and sovereignty brother, Raju. Approximately 64% recognize Chadha's business interests, comprising bring to fruition estate and sugar mills, went to his son Monty, one-time approximately 36%, comprising liquor sit film distribution, went to empress brother Raju.