ED Seizes Rs 22.02 Cr Assets of Rana Sugars Ltd Over FEMA Breach
1 Articles
1 Articles
ED Seizes Rs 22.02 Cr Assets of Rana Sugars Ltd Over FEMA Breach
NEW DELHI (India CSR): In a dramatic turn of events, the Enforcement Directorate (ED) has seized properties worth Rs 22.02 crore belonging to Rana Sugars Ltd, a company led by Independent MLA Rana Inder Partap Singh from Sultanpur Lodhi, Punjab. The action, executed on April 4, 2025, stems from allegations of serious violations of the Foreign Exchange Management Act (FEMA). This high-profile case has sent shockwaves through political and busines…
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