According to the ED, the assets were sealed in a case involving a firm named Niharika Ventures and Developers, who allegedly defrauded innocent investors under the pretext of providing affordable residential land through their entity, Niharika Ventures.
"ED, Lucknow has provisionally attached immovable assets on 13/12/2024 amounting to Rs. 2.73 Crore (approx.) in the form of five residential flats located in Prayagraj, Uttar Pradesh, registered in the names of Om Prakash Dwivedi, Abhishek Dwivedi, Mrs Niharika Dwivedi, and Smt. Radha Ran
The gross nonperforming assets (NPA) ratio for scheduled commercial banks (SCBs) witnessed a significant reduction to 2.67 percent in June 2024 from 11.18 percent in March 2018, the Finance Ministry stated on Saturday.
The Directorate of Enforcement (ED) restituted assets worth Rs 4,025 crore to JSW, which was a Successful Resolution Applicant to the assets of erstwhile Bhushan Power and Steel Ltd under the Insolvency and Bankruptcy Code (IBC) corporate resolution process (CIRP).
The Enforcement Directorate (ED) has provisionally attached movable and immovable properties worth Rs 280 crore in connection with a money laundering investigation involving the Peoples Group in Madhya Pradesh.
The Delhi High Court has issued a notice and directed the trial court to set a new date for proceedings in a petition filed by the father of a public servant accused in the disproportionate assets (DA) case related to the Indian Railway Catering and Tourism Corporation (IRCTC) scam.
Taking to its official handle on X, the Congress party posted, "Leader of Opposition Rahul Gandhi met people associated with Public Sector Undertakings (PSUs). The Modi government is bent on privatizing even the profitable PSUs."
"The country's assets are being handed over to select capital
Bengaluru (Karnataka) [India], December 13: IIFL Capital Services Limited (formerly IIFL Securities Limited) today announced the unveiling of its state-of-the-art office in Bengaluru, dedicated to wealth management services for High Networth Individuals (HNIs) and Ultra High Networth Individ
The Gross NPA ratio of public sector banks has declined to 3.12 per cent in September 2024 from 4.97 per cent in March 2015 and from a peak of 14.58 per cent in March 2018, the government said in a statement Thursday, reaffirming the good health in the banking system.
ED's Raipur zonal office attached these assets including lands, residential properties, fixed deposits and bank balances following a provisional attachment order issued on December 9, 2024.