Brother of owner of Mulchand Sweets cheats him by selling his property

PUNE: A case has come to light wherein the owner of the well-known Mulchand Sweets in Pune was cheated by his elder brother by selling his property. An FIR has been registered at the Alankar Police Station. It has been mentioned in the complaint that the property, which was purchased by the combined income of the family, was sold by his brother for crores of rupees without informing his family members by using forged documents.

The accused has been has been identified as Tarachand Mulchand Sheth, a resident of Kalyan Society, Shankarsheth Road. A complaint has been lodged by Madanlal Moolchand Sethia, a resident of Sopanbaug.

According to the police, Sheth's family has a business of retailing sweetmeat in Pune under the aegis of 'Mulchand Sweets'. There are four brothers namely Champalal, Tarachand, Madanlal and Kantilal. After Mulchand Sethia's death, Tarachand was in charge of looking after all the financial affairs. Madanlal and Kantilal were in charge of the sweetmeat business.

Circa 1990, a plot at Sopanbaug, Ghorpadi, was purchased  by the family from the combined earnings of the family. After some time, due to a dispute between them, their businesses became independent. 

A forged lease deed was prepared to sell this property and evict Madanlal from it. A registered Deed Of Declaration was prepared at the office of the Sub-Registrar, Haveli 21 for Madanlal's eviction from the property. 

An application has been submitted in the small causes court to remove Madanlal’s name from the property.

According to Madanlal's trio of lawyers — Adv. Mohsin Jain, Adv. Chinmay Akkadkar and Adv. Neha Shah — in 2021, Tarachand got an ‘assignment deed’ prepared regarding the sale of property without any discussion with the other brothers regarding the sale of this property. He sold land on July 2, 2021. He received ₹2. 81crore from the concerned buyer. This amount was invested in various places in the names of Tarachand and his two sons Pankaj and Manish.

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