[4] Noted as a wealthy and powerful businessman, Chadha's business interests were in liquor, real estate, multiplexes, malls and film production.
[7] Besides India, Chadha's distribution network covered Nepal, Bhutan, United States, UK and several other Arabian and Asian countries.
[12] Chadha's Wave Group was also involved in financing and distributing Bollywood movies, and he acquired two teams in an Indian hockey league.
[5] In 2021, it was reported that cash worth Rs 110 million, jewellery and fixed deposits were recovered from Chadha's properties, and 13 of his bank lockers confiscated.
[14][15] However, there were questions raised over the perfectly timed incidents just before the 2012 Uttar Pradesh Legislative Assembly elections and how the worth of seized assets was so precisely quoted within a few hours of the raid.
[1] Ponty established Mata Bhagwanti Chadha Niketan in July 1999, a non-profit special education institution in Noida with the mission to educate and prepare special children to achieve physical, social and financial independence to the best of their abilities, in honor of his right-hand man Niketan Sawhney being shot and killed in a standoff with a rival business group in December 1997.
One of the arguments is that disputed ownership over a piece of property led to the crossfire; speculations in the media of the brothers being in loggerheads over the family business were also rife, but all these have remained largely unconfirmed in the public domain.
[14][24][25] Moreover, sources debating the incident, including Taranjit Singh, who is claimed to be a close family relative, confirm that Ponty was handicapped in both hands and could not possibly have fired at his brother.
[27] In January 2014, murder charges against all the 21 accused were dropped by a trial court in Delhi, including Sukhdev Singh Namdhari, ex-chairman of Uttarakhand's minority commission who was arrested on 23 November for shooting at Hardeep Chadha.