ED has taken major action against Peers India Corporation Limited, a company embezzling investors’ hard-earned money. The investigating agency has seized the properties worth Rs 4.79 crore of the company’s director Alok Tripathi. ED on Thursday seized land worth Rs 1.02 crore located in Moradabad, Badaun, Chittorgarh of Rajasthan and Mehsana of Gujarat along with the amount of Rs 3.77 crore deposited in the bank of the company and its director Alok Tripathi. It is alleged that the company has not been able to return investor’s money worth Rs 25 crores. Instead of returning the money, the company bought properties in multiple states.
Further details will be updated.
Also Read: Maine removes Trump from state’s presidential primary ballot under insurrection clause
Veteran filmmaker Shyam Benegal passed away on Monday after days of suffering from a chronic…
Adani Defence & Aerospace announced its acquisition of Air Works, India’s largest private maintenance, repair,…
The Finland Embassy hosted the global premiere of director Kamakhya Narayan Singh's new film, 'All…
The ED argued that serving the 1,500-page appeal physically to 35 accused would cost around…
The Delhi High Court on Monday rejected the anticipatory bail plea of former IAS trainee…
CISF Deputy Inspector General (DIG) Shrikant Kishore stated the force acted according to protocol during…