Enforcement Directorate Registered PMLA Case Opposed to ATS Group
The Lucknow zonal office of the enforcement directorate (ED) has registered a case under the prevention of money laundering Act (PMLA), 2002, against ATS Group of Companies. The case was registered after homebuyers in Noida faced delays and issues with projects developed by the group, including the developer’s land dealings worth over Rs 3,400 crore. The case was registered based on FIRs against the company directors who had lured investors to invest in their residential project in Noida, with promises of significant returns through a buy-back scheme. As per the scheme, the firm had agreed to buy back the allotted apartments at a premium after 36 months and issued post-dated cheques, which bounced. TNN We also published the following articles recently Case registered for alleged stone pelting on passenger train in Jalgaon Government Railway Police registers case after viral video shows alleged stone pelting on Bhusawal Nandurbar passenger train. Authorities investigating the incident. No injuries reported. Stay updated for more information. 3 FIRs against former Neeri director, scientists for abuse of office, cartelization & collusion in biddings Read about the recent CBI investigations into corruption allegations at CSIR-Neeri involving former officials and private firms. Discover details of the tender procedures and equipment procurement issues that have been uncovered. Lucknow University academic session back on track after 3 years Discover the latest updates from Lucknow University as they gear up to kickstart the academic session for undergraduate and postgraduate courses. Find out the new schedule and plans in place to ensure a smooth start for students in the upcoming academic year. Source : Times of India
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