Tag: #Prevention of Money Laundering Act (PMLA)

After raids on Agrani Homes, ED freezes 119 bank accounts and high-end automobiles.

April 21, 2023

NEW DELHI: In accordance with the anti-money laundering statute, the Enforcement Directorate (ED) raided the promoters of a Bihar-based real estate business that is suspected of defrauding multiple homebuyers and confiscated 119 bank accounts, two luxury automobiles, and some insurance policies. According to a statement from the agency, searches were started on April 18 at […]

After raids on Agrani Homes, ED freezes 119 bank accounts and high-end automobiles.more

ED seizes more than Rs 40 crore worth of Supertech Group assets due to allegations of money laundering.

April 14, 2023

NEW DELHI: According to the Enforcement Directorate (ED), assets belonging to the real estate firm Supertech and its directors worth more than Rs 40 crore have been seized in accordance with the anti-money laundering statute. According to the rules of the Prevention of Money Laundering Act (PMLA), a provisional order was issued on Tuesday to […]

ED seizes more than Rs 40 crore worth of Supertech Group assets due to allegations of money laundering.more

At Delhi’s Shalimar Bagh, the ED attaches an “Ambience Tower” worth Rs 252 crore.

March 27, 2023

NEW DELHI: In conjunction with a money laundering probe related to an alleged bank fraud case against the Ambience Group, the Enforcement Directorate announced on Friday that it had attached a multi-storeyed commercial complex in Delhi’s Shalimar Bagh neighbourhood, valued at more than Rs 252 crore. The immovable property is known as Ambience Tower and […]

At Delhi’s Shalimar Bagh, the ED attaches an “Ambience Tower” worth Rs 252 crore.more

Under the PMLA, special authorities are required for estate agents with a turnover of Rs. MahaRERA

February 15, 2023

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) ordered real estate agents having a yearly revenue of more than Rs 20 lakh to share information regarding the appointments of a main officer and a designated director on Monday. The Prevention of Money Laundering Act of 2002 (PMLA) and the Prevention of Money Laundering (Maintenance of […]

Under the PMLA, special authorities are required for estate agents with a turnover of Rs. MahaRERAmore

Tag: #Prevention of Money Laundering Act (PMLA)

After raids on Agrani Homes, ED freezes 119 bank accounts and high-end automobiles.

ED seizes more than Rs 40 crore worth of Supertech Group assets due to allegations of money laundering.

At Delhi’s Shalimar Bagh, the ED attaches an “Ambience Tower” worth Rs 252 crore.

Under the PMLA, special authorities are required for estate agents with a turnover of Rs. MahaRERA

Sign Up for our Free Newsletter