ED registers case against real estate firm for loan fraud, Real Estate News, ET RealEstate
The Enforcement Directorate has registered a case against Tulsiani Builders’ chief managing director Anil Kumar Tulsiani and director Mahesh Tulsiani under the Prevention of Money Laundering Act (PMLA) for taking a loan of Rs 4.63 crore by submitting forged documents. The real estate firm also laundered the money of investors. ED will soon issue summons to the firm’s directors.
Source: indiatimes.com