New Delhi: An initial probe has revealed there were common directors on the board of the firm that exported CNG cylinders to Pakistan, the Associate High-Pressure Technology Pvt Ltd, and Touchwood Real Estate Pvt Ltd, which purchased land in Bandra Kurla valued at Rs 200 crore.
Besides Nawab Malik’s son Faraz, others on the board of Touchwood Real Estate Pvt Ltd include Farouk and Zakaria Darvesh, Manohar and Srichand Agicha and Suhail Khandwani. All, except Faraz, are also on the board of Associate High-Pressure Technology. The Kandla firm is also being probed by the CBI for a banking fraud of Rs 150 crore, the total outstanding on a Bank of India loan classified as NPA in 2016 when the company stopped repayment. A probe by both CBI and ED has revealed laundering of loan proceeds from the Kandla firm to the one which bought real estate assets in the BKC business district, sources said.
Denne historien er fra March 03, 2022-utgaven av The Times of India Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra March 03, 2022-utgaven av The Times of India Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
US soccer scrubs Islamic emblem from Iran flag
The federation said in a statement Sunday that it decided to forego the official flag on social media accounts to show “support for the women in Iran fighting for basic human rights.”
Pyar Ke Saat Vachan Dharam Patnii begins on TV tonight
What happens when kismet takes over the lives of two couples belonging to two different sections of society?
Arijit serenades music lovers in Mumbai
Arijit Singh casts a spell with his voice
ARGENTINA LIVE TO FIGHT ANOTHER DAY
Messi's Strike Rattles Mexico And Lusail, Brings Team Back From The Brink
Costa Rica come alive
Los Ticos Stun Japan With Late Fuller Winner
Morocco's moment under the sun
Inspired Atlas Lions Shock Belgium For First WC Win In 24 Years
ON YOUR MARK, GET SET, SOAR
Athletics Icon Usha Set To Become First Woman President Of IOA
Industry body calls for slower rate hikes
CII Asks RBI To Moderate Pace Of Raising Repo As Global Woes May Impact Growth
Insurance reforms may see PE funding surge in sector
Irdai Raises Investment Cap, Allows PEs To Be Promoters
Cut ties with child-killing regime, Khamenei's niece tells world, held
Iranian authorities have arrested a niece of supreme leader Ayatollah Ali Khamenei after she recorded a video describing the authorities led by her uncle as a “murderous and child-killing regime”.
