Ranjit Singh Power: Missing businessman declared bankrupt
A former hotelier from Wolverhampton who vanished without trace in India has been declared bankrupt.
Ranjit Singh Power, once the owner of the Ramada Park Hall Hotel, disappeared on a business trip to Punjab in May 2015.
Despite his body never being found, police in India say that the businessman was kidnapped and murdered.
In May this year a former business partner claimed the missing man owes him £1.5 million.
Now any other creditors are being asked to come forward, with the bankruptcy notice meaning any debts could be settled from his assets.
This means that money can be taken from any bank accounts, property and other assets he may have. Some debts can be written off by the person’s insurance policy.
A public notice put in the Express & Star lists Ranjit Singh Power, of address unknown and occupation unknown. Checks with his legal representatives confirmed the person listed is the missing man.
Anyone who believes Mr Power owes them money is being advised to contact Matthew Chadwick of BDO LLP by December 15.
Claimants must provide evidence in the form of documents that should be produced.
It is the latest twist in the mystery of the missing man.
A taxi driver in India confessed to his killing.
Police say an accomplice is still wanted. Interpol issued an arrest warrant – but an extradition notice submitted to the Indian Central Bureau for Investigation is yet to be processed.
Mr Power’s family did want to comment. Last year they faced the pain of being sent back a body, which was not his.
