Mandhana promoter diverted loans for personal benefit: ED charge sheet ...Middle East

Business Standard - Economy

Purushottam Mandhana, promoter of Mandhana Industries, used business loans for personal benefit and caused a loss of Rs 975 crore to a Bank of Baroda-led consortium of lenders, the Enforcement Directorate has said in its charge sheet. Observing that there was a prima facie case against Mandhana and others, a special court for Prevention of Money Laundering Act (PMLA) cases here earlier this month directed the accused to remain present in the court on November 21. The charge sheet filed by the ED named 18 persons as accused, including Purushottam Mandhana, his wife Prema and son Priyavrat. Special judge A C Daga took cognizance of the charge sheet on October 1, saying there was a clear, prim

Hence then, the article about mandhana promoter diverted loans for personal benefit ed charge sheet was published today ( Friday 11/10/2024 - 04:25 PM ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Mandhana promoter diverted loans for personal benefit: ED charge sheet )

Last updated : 11 October 2024 clock 04:25 PM

Also on site :

Mandhana promoter diverted loans for personal benefit: ED charge sheet ...Middle East

First quarter UK growth confirmed but 2025 weaker than first thought

Trump Targets California Again In SpaceX Feud

Ukraine’s Drone Campaign Forces Russia to Buy Gasoline From India

Europe’s Nuclear Ambitions Drive New Interest in Italian Uranium Exploration

Mapped: What the average asking price buys across Britain

Venezuela quake: Key services crippled and health workers missing

MP slams Madbouly’s government over soaring prices

EU facing winter gas shock – FT

Sudan: China Forgives $50m Sudan Debt

CMA compensates over 20,000 investors affected by Al Kathiri, Anaam violations

Everyone’s Mad at the World Cup’s New ‘Hydration Breaks’—Except Mr. Moneybags Over Here

China Emerges as a Relative Winner From Strait of Hormuz Crisis

La CDO di ZTE Cui Li al MWC Shanghai 2026: liberare il valore dell'IA e abbracciare l'incertezza

AI App Builder HappySeeds Turns One Creator's Idea Into a Playable Football Game -- No Dev Team

China proposes new amendments to Gold import, export regulations