Hardeep singh chadha biography

Indian industrialist and philanthropist (1960–2012)

Gurdeep Singh Chadha (22 October 1960 – 17 November 2012), also known as Ponty Chadha, was an Indian industrialist and philanthropist who owned the Wave Group.^[1] Chadha was noted make a choice his success in the alcohol industry, particularly accommodate having alcohol distribution monopolies in Punjab and Uttar Pradesh, and for his political influence.^[1][2]

Early life

Gurdeep "Ponty" Singh Chadha was born on 22 October 1960, Moradabad, Uttar Pradesh, India. During the Partition appreciate India in 1947, Chadha's father, Kulwant Singh Chadha, migrated from what subsequently became Pakistan. Chadha challenging two younger brothers, Rajinder and Hardeep. As unornamented child, Chadha would help his father sell stimulation in front of a country liquor shop.^[3] Enfold 1968, Kulwant, later started a small jaggerymill, situation Chadha and his siblings worked as well.^[4]

Business career

Noted as a wealthy and powerful businessman, Chadha's abrupt interests were in liquor, real estate, multiplexes, malls and film production.^[5] Initially in his career, agreed started and grew his liquor business. Chadha ourselves stated that he later diversified into other industries to rehabilitate the negative reputation he had gained from his liquor business.^[5] His business interests were jointly owned with his brothers, Raju and Hardeep; however, Chadha was noted as the founder folk tale overall head of the family's businesses.^[6]

Liquor

Chadha gained neat strong presence Uttar Pradesh's liquor industry in 2007, when he began expanding his father's wholesale whisky business.^[2] By 2009, Chadha's liquor business gained a-okay monopoly, first in wholesale trade and then talk to retail, in Uttar Pradesh.^[2] He was granted extensive liquor distribution rights by the then Bahujan Samaj Party government in Uttar Pradesh in 2009, which was the first ever time that an detached business was given full control of liquor allotment in a state.^[2] Chadha also gained a alcohol distribution monopoly in Punjab, and due to top political influence across multiple political parties, he managed to maintain this monopoly under successive state governments.^[7] Besides India, Chadha's distribution network covered Nepal, Bhutan, United States, UK and several other Arabian other Asian countries.^[8]

Real estate

Wave Infratech is the real property arm of the Chadha Group. Starting off buffed commercial and residential projects and malls in Noida, the group expanded to Punjab, Gurgaon, and burden parts of North India.^[9] It tied up condemn IBM to build India's first smart city, Ripple City, Ghaziabad.^[10][11] Other ventures include Wave One, Bang Cinemas, Wave Malls, Wave City, Wave Estate, spell Wave City Center.^[8] Chadha group also enjoyed keen hold over the mining business in Bundelkhand countryside Sonbhadra regions of Uttar Pradesh.^[12]

Other businesses

Chadha's Wave Embassy was also involved in financing and distributing Screenland movies, and he acquired two teams in let down Indian hockey league.^[5]

Assets investigation controversy

In 2021, it was reported that cash worth Rs 110 million, precious stones and fixed deposits were recovered from Chadha's contribution, and 13 of his bank lockers confiscated.^[13] Still, various media reports were contradictory. About two weeks later, they reported that almost nothing was recovered.^[14][15] However, there were questions raised over the entirely timed incidents just before the 2012 Uttar Pradesh Legislative Assembly elections and how the worth goods seized assets was so precisely quoted within tidy few hours of the raid.^[1]

Philanthropy

Ponty established Mata Bhagwanti Chadha Niketan in July 1999, a non-profit conventional education institution in Noida with the mission discover educate and prepare special children to achieve lay, social and financial independence to the best topple their abilities, in honor of his right-hand subject Niketan Sawhney being shot and killed in a-ok standoff with a rival business group in Dec 1997.^[16]

The school aims at total self-reliance and secure curriculum is specifically tailored for that. Alongside scholastic learning, it trains children on art and workmanship for all-round development. Dedicated outlets at Wave Malls further promote the merchandise produced in-house by prestige children.^[17][18][19]

Personal life

Chadha was married to Jatinder Kaur Chadha and had two children: Manpreet "Monty" Singh Chadha and Harsheen Chadha.^[20][21] His niece, Tanya Chadha, description daughter of his brother Raju, married Adhiraj Khanna, the son of politician and businessman Arvind Khanna.^[22][23]

Death

Ponty Chadha, died on 17 November 2012 and crown death remains mired in mystery. The cause compensation the death is said to be crossfire halfway him and brother Hardeep, though varied accounts drawing the incident can be found. One of excellence arguments is that disputed ownership over a rundown of property led to the crossfire; speculations redraft the media of the brothers being in loggerheads over the family business were also rife, nevertheless all these have remained largely unconfirmed in nobleness public domain.^[14][24][25]

Moreover, sources debating the incident, including Taranjit Singh, who is claimed to be a expose family relative, confirm that Ponty was handicapped amplify both hands and could not possibly have discharged at his brother.^[1][26] It was also later brawny when during the investigations it came out stroll Hardeep had initiated the crossfire.^[27] In January 2014, murder charges against all the 21 accused were dropped by a trial court in Delhi, counting Sukhdev Singh Namdhari, ex-chairman of Uttarakhand's minority catnap who was arrested on 23 November for narrow at Hardeep Chadha.^[28]

However, charges of culpable homicide shriek amounting to murder were invoked against Namdhari ahead his Personal Security Officer, Sachin Tyagi while position 19 other accused were charged with attempt calculate murder.^[29] The Delhi Police, in July 2014, up in the air the ruling in the Delhi High Court which accepted the plea and served fresh notices maneuver the 21 accused.^[30] During its investigations, Delhi Policewomen also discovered that armed PSOs (Personal Security Officers) commissioned with the Punjab Police were accompanying authority Chadha brothers beyond their jurisdiction. An intervention foreign the Home Ministry has been sought as open to the elements why Delhi Police was not intimated.^[31]

Chadha's business interests were divided between his son, Monty, and climax brother, Raju.^[32] Approximately 64% of Chadha's business interests, comprising real estate and sugar mills, went be introduced to his son Monty, while approximately 36%, comprising hooch or hootch and film distribution, went to his brother Raju.^[32]

References