https://www.taxtmi.com/news?id=40708 The Enforcement Directorate, acting under the Prevention of Money Laundering Act, attached funds and assets traced to the Rose Valley group, converted recovered bank balances into fixed deposits and transferred a major tranche to an Asset Disposal Committee established by High Court direction. The ADC, chaired by a retired judge, validates registered investor claims, conducts survey and valuation of attached properties, and oversees monetisation and disbursement of realised assets to lawful claimants while prosecutions and further asset realisation continue. en-us Sat, 12 Apr 2025 13:52:01 +0530 Sat, 12 Apr 2025 13:52:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40708 The Enforcement Directorate, acting under the Prevention of Money Laundering Act, attached funds and assets traced to the Rose Valley group, converted recovered bank balances into fixed deposits and transferred a major tranche to an Asset Disposal Committee established by High Court direction. The ADC, chaired by a retired judge, validates registered investor claims, conducts survey and valuation of attached properties, and oversees monetisation and disbursement of realised assets to lawful claimants while prosecutions and further asset realisation continue. News - Sat, 12 Apr 2025 13:52:01 +0530 https://www.taxtmi.com/news?id=40708