ED attaches Rs 200-cr worth assets in Sri Lanka in probe against realty company https://www.taxtmi.com/news?id=30494 The Enforcement Directorate provisionally attached an under construction luxury hotel and leasehold rights in Colombo and certain Gurugram land parcels in a money laundering probe against Krrish Realtech Pvt. Ltd., alleging the company defrauded plot buyers by collecting funds without providing plots. The ED alleges promoter Amit Katyal diverted investor funds to a Sri Lankan company and to Good Earth Business Park Pvt. Ltd. through layering and concealment; it has sought foreign cooperation to freeze the overseas assets and attached specified domestic properties. en-us Thu, 16 Jan 2025 20:16:03 +0530 Thu, 16 Jan 2025 20:16:03 +0530 TaxTMI RSS Generator ED attaches Rs 200-cr worth assets in Sri Lanka in probe against realty company https://www.taxtmi.com/news?id=30494 The Enforcement Directorate provisionally attached an under construction luxury hotel and leasehold rights in Colombo and certain Gurugram land parcels in a money laundering probe against Krrish Realtech Pvt. Ltd., alleging the company defrauded plot buyers by collecting funds without providing plots. The ED alleges promoter Amit Katyal diverted investor funds to a Sri Lankan company and to Good Earth Business Park Pvt. Ltd. through layering and concealment; it has sought foreign cooperation to freeze the overseas assets and attached specified domestic properties. News - Thu, 16 Jan 2025 20:16:03 +0530 https://www.taxtmi.com/news?id=30494