Image default
Business

ED attaches Rs 580-crore assets of Anil Ambani group across Punjab, Haryana, other states

Directorate of Enforcement (ED) has provisionally attached 31 immovable properties worth Rs 581.65 crore in the case of Reliance Home Finance Limited (RHFL)/Reliance Commercial Finance Limited (RCFL).

The properties are in the form of land parcels located in Goa, Kerala, Karnataka, Punjab, Tamil Nadu, Uttar Pradesh, Haryana, Jharkhand, Maharashtra, Delhi, West Bengal, Andhra Pradesh and Rajasthan.

The attachments took place after search operations were conducted on March 6 in the case of Reliance Power Limited under FEMA.

It may be recalled that ED had earlier attached properties worth over Rs 15,729 crore in the bank fraud cases of RCFL/RHFL and RCOM.

Related posts

India’s gross GST collection rises 3.2% to Rs 1,94 lakh crore in May

Sandra S. Miller

“Minimum government, maximum governance”: Tourism Minister Shekhawat pushes for decoupling regulation from facilitation

Sandra S. Miller

India’s supply chain could face risk amid Trump’s announcement of 20% tariff on cargo passing via Hormuz

Sandra S. Miller