ED returns 78 flats worth over Rs 20 crore to SRS Group homebuyers in Gurgaon, following court orders.
Enforcement Directorate (ED) returns 78 flats worth over Rs 20 crore to SRS Group homebuyers in Gurgaon, following orders from the Supreme Court and Punjab & Haryana High Court. ED is verifying claims for properties worth Rs 2,215 crore, after attaching properties in January 2020 when SRS Group promoters were caught laundering homebuyers' money. The process of returning assets to genuine homebuyers began after an order from the Appellate Tribunal under Prevention of Money Laundering Act (PMLA) on August 12.
August 14, 2024
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