New Delhi:
The ED said on Wednesday that it has arrested three persons including a chartered accountant and a resolution professional as part of a money laundering probe linked to an alleged bank loan fraud related to regaining control of an insolvent company from the NCLT.
Chartered accountant (CA) Rakesh Kumar Gulati, Ajay Yadav of resolution applicant firm Umaiza Infracon LLP and a person identified as Paramjeet were taken into custody on July 1 by the Gurugram zonal office of the Enforcement Directorate (ED).
A special Prevention of Money Laundering Act (PMLA) court sent them to ED custody till July 9, the agency said in a statement.
The case pertains to Sunstar Overseas Ltd (SOL), its ex-directors Rakesh Aggarwal, Rohit Aggar…
Read the full article at: https://www.ndtv.com/india-news/ca-among-3-arrested-for-fraudulent-take-over-of-insolvent-company-6027123