ED attaches promoter properties worth Rs 10.55 crore in money-laundering case
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ED provisionally attached six promoter-held properties worth Rs 10.55 crore in Gurugram, Greater Noida and Ludhiana in a money-laundering case linked to pollution law violations at two Gurugram projects. The investigation is ongoing. The company is already under NCLT insolvency resolution, with its board suspended and affairs managed by the resolution professional.
No immediate impact is reported as the company is under insolvency resolution, but the ongoing investigation may cause future financial or operational impact.