How come Col B.S Sandhu Chairman WWICS GROUP MOHALI who was declared as bankrupt in Canada as per stated facts below became so much wealthy person by money and poor by moral ethics?

INSOLVENCY SEARCH 2000-05-02 FINDERS RESEARCH CORPORATION 268, ADELADE STREET WEST TRONOTO ONTATRIO MSH LX6 FAX +1-416-599-5632 SEARCH: SANDHU BALJIT REFERENCE MEL A name search has been made of the public record kept by the Superintendent of Bankruptcy for all Districts and Divisions in Canada and following facts were found with reference to the aforementioned name, from 1978 to 2000-04-27. Estate Number: 32-084450 Date of Birth: 1944-06-05 Estate Name: SANDHU BALJIT SINGH Alias ADDRESS: C/o 91 CHERRY TREE DR BRAMPTON ONTARIO L6Y 3P1 ESTATE Type: BANKRUPTCH DATE OF PROCEEDING:- 1996-09-23 DISCHARGE TYPE: – AUTOMATIC Effective Discharge Date: 1997-06-23 Appointed Practioners: RUMANEK & COOPER LTD Responsible person:- RUMANEK CARL ADDRESS: 108-1120, FINCH AVENUE WEST DOWNSVIEW, ONTARIO M3J 3H7, CANADA TELEPHONE: 416-665-3383 416-665-0897 Practitioner’s Discharge Date: 1998-03-15 The so called office of WWICS at A 12 Phase 6 Mohali is being runned under violations of Commercial usage where plot is only meant for industrial usage. WWICS ESTATES, PROJECT AT BANGLORE all have been bought without knowledge of INDIAN GOVT Under rules of FEMA ACT Violations . NO CITIZEN OF FOREIGN COUNTRY CAN BUY AGRICULTRE LAND IN INDIA.IT IS OFFENCE. http://www.rbi.org.in/scripts/FAQView.aspx?Id=33 Introduction Acquisition of immovable property in India by persons resident outside India (foreign national) is regulated in terms of section 6 (3) (i) of the Foreign Exchange Management Act (FEMA), 1999 as well as by the regulations contained in the Notification No. FEMA 21/2000-RB dated May 3, 2000, as amended from time to time. Section 2 (v) and Section 2 (w) of FEMA, 1999 defines `person resident in India’ and a `person resident outside India’, respectively. Person resident outside India is categorized as Non- Resident Indian (NRI) or a foreign national of Indian Origin (PIO) or a foreign national of non-Indian origin. The Reserve Bank does not determine the residential status. Under FEMA, residential status is determined by operation of law.

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