ED seizes property worth Rs 16.19 crore linked to RR industries over FEMA violations

Follow Us on Google News Chennai, June 5 (IANS) The Directorate of Enforcement’s (ED) Chennai Zonal Office has ordered the seizure of immovable property worth approximately Rs 16.19 crore belonging to RR Industries Limited, under Section 37A of the Foreign Exchange Management Act (FEMA), 1999. The ED initiated its investigation following preliminary findings that revealed … Read more