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Assets Worth Rs 18 Crore Seized Of Gujarat Firm Seized In Fraud Case

Assets Worth Rs 18 Crore Seized Of Gujarat Firm Seized In Fraud Case

Thursday, January 2, 2020, 9:05 AM

Nine wind turbine generators and land belonging to a Gujarat-based company, worth over Rs 18 crore, have been seized by the Enforcement Directorate in connection with its probe in an alleged bank fraud case, the agency said. The Enforcement Directorate case pertains to a Surat-based company Nakoda Ltd, its CMD Babulal Gumanmal Jain, his son and joint MD Devender Babulal Jain and others.
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