Ponty Chadha killed: All about the liquor baron

NEW DELHI: 55-year-old Ponty Chadha's business interests include liquor, real estate, sugar, poultry, film production and exhibition.

Gurdeep Singh Chadha alias Ponty Chadha used to sell snacks with his father in front of a country-made liquor shop. The family's fortunes took a turn when his father Kulwant Singh Chadha managed to get a license to run a liquor shop.

Ponty Chadha was later granted the sole distributorship for liquor under the Mayawati regime in Uttar Pradesh, thus ruling over the liquor business in the state.

The liquor baron, along with his brothers, managed the Chadha Group, which has been consolidated under the Wave brand. He ran a popular chain of multiplexes - under the Wave brand - in the National Capital Region. The then Samajwadi Party government in UP allegedly gave several concessions to Chadha in the project.

One of the multiplexes at Noida, is situated in the mall that was raided by Income Tax officials over alleged tax evasion.

Chadha's companies have been probed by Income Tax authorities several times but he never suffered legal consequences.

On October 5, gunshots were reported from Ponty Chadha's ancestral house in Uttar Pradesh's Moradabad district, but no one was injured.