ED Seizes Rs. 16.19 Crore Property in FEMA Violation Probe Against RR Industries
Directorate of Enforcement (ED), Chennai Zonal Office has issued seizure order underSection 37A of FEMA, 1999 seizing immovable property in the name of M/s. RR IndustriesLimited to the extent of Rs.16.19 Crore (approx.).ED initiated investigation in the case of M/s. RR Industries PTE Limited under theprovisions of Foreign Exchange Management Act, 1999 on the basis … Read more