Mr. Hem Singh Bharana is maintaining an active overseas account in British Virgin Islands since 27th Jan 2006 in form of overseas company limited by the name of "Peach Glow Holdings Ltd." being managed by Portcullis Trustnet Chambers, P.O. Box 3444 Road Town, Tortola, British Virgin Islands. The owner of the company are Mr. Hem Singh Bharana and Mrs. Rekha Bharana. This company is a major shareholder in Era Infra Engineering Ltd (7,25,000) and Adel Landmarks which ought to be investigated by Income Tax Authorities and Enforcement Directorate as lot of accounts in banks in British Virgin Islands are allegedly for evading tax and hiding ill-gotten money. The residential address recorded in the bank account is the residential address of Mr. Hem Singh Bharana, C-146, First Floor, Sarvodaya Enclave, New Delhi - 110017 and the address of law firm managing this account is M/s Singh & Associates, N-30, Malviya Nagar, New Delhi-110017. Now 30 th Sept 2015 has already passed and any unreported money deposited abroad is a criminal offence.
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