ED says search on Raheja Developers yielded incriminating documents
NEW DELHI: The Executive Directorate (ED) said on Tuesday that Raheja developers, one of the senior executives of the Delhi Regional Office, said that the search operations carried out by LTD and others under the law of against Black Money Business.
ED’s official statement, Raheja developers, managers and others in an investigation against the Land Laundry Law (PMLA) within the scope of the provisions of Delhi, National Capital Region and 13 locations in Mohali, he said.
ED said it launched an investigation based on multiple first information report (FIRS) recorded by the wing of Economic Crimes Delhi, under various parts of the Indian Penal Code against Raheja developers, senior executives and others.
“The FIRS claims that significant amounts from investors and landlords have been gathered fraudulently from investors and landlords in various group housing projects by Raheja developers, but could not deliver the promised apartments, ED said.
Investing documents rescued
“During the calls, several accusing documents, digital devices and details of the immovable and immovable features were found and seized. More research continues.”
On Tuesday evening, the queries sent to Raheja developers and telephone conversations were sent by e -mail during publishing.
In November 2024, the NCLT Manager’s counter accepted a petition of bankruptcy decision against Raheja developers by financial creditors. The petition was filed by 43 hosts. Raheja Shilas Low Rise Project in Gurigram La112.9 Croretta Crore.
However, the Court of Appeal with a relief to Raheja developers NClat, Raheja Shilas, who is just one of the projects of bankruptcy lawsuits against Realty Company, limited. Business standard It was reported on November 22nd.
NClat, Raheja developers to provide details about other missing projects and the situation of all ongoing projects by directing the appropriate orders to pass, Business standard reported.
In an important precedent, the Supreme Court decided that on May 2, Kalyani Transco vs Bhushan Power and Steel Ltd, neither NCLT nor NCLlat has the jurisdiction to question or overthrow the temporary commitment orders made within the scope of the PMLA, and this power is together with the court.
