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ED attaches assets worth Rs 2,510 cr of SRS Group
TIWN
TIWN
PHOTO : TIWN
New Delhi, Jan 9 (TIWN) The Enforcement Directorate (ED) on Thursday said it has attached Rs 2,510.82 crore worth of movable and immovable assets of SRS Group, its promoters, their family members and of associate companies on charges of defaulting on a loan of Rs 1,100 crore.
The assets, comprising land, real estate projects, commercial projects, residential houses, a school, s cinema hall, balances in bank accounts and fixed deposits were attached under the Prevention of Money Laundering Act, 2002 (PMLA) in the cheating and fraud case.
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