Pages

▼

Thursday, 12 May 2016

Mallya PMLA case: ED to attach India assets worth Rs 9,000 cr


The ED is mulling attaching domestic assets and shares worth about Rs 9,000 crore owned by liquor baron Vijay Mallya in connection with its money laundering probe against him and others in the IDBI Bank loan fraud case. Officials said today the agency has already begun the exercise of identifying and valuing the country-wide immovable assets of the beleaguered businessman in order to place them under attachment under the criminal provisions of the Prevention of Money Laundering Act (PMLA). They said the agency will also inform market regulator Securities and Exchange Board of India (SEBI) about its move to similarly attach his shares in various Indian companies so that no third party rights are created.


Join us at- www.marketmagnify.com/freetrial.php

or call at-  07314759600

at

2 comments:

  1. Unknown5 January 2017 at 14:31

    Stock market all depends on the market news and updates. Many factors affect the stock so the updates are very important to see the trend. Firms like epic research follow the same strategy

    ReplyDelete
  2. Sonal Jain6 February 2017 at 11:48

    The 30-share BSE Sensex was up 209.78 points at 28450.30 and the 50-share NSE Nifty rose 61.05 points to 8802.
    Crude Intraday Tips

    ReplyDelete