Religare Finvest

ED raids Religare Finvest places of work in NCR, seeks to expedite cash laundering probe on erstwhile REL promoters

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The Enforcement Directorate (ED) has performed searches throughout a number of areas of Religare Finvest Ltd, a completely owned subsidiary of Religare Enterprises (REL), within the Nationwide Capital Area as a part of its efforts to expedite investigation within the cash laundering case towards erstwhile REL promoters.  The newest ED transfer comes on the again of … Read more

Religare Finvest engages exterior company to analyze siphoning of funds by erstwhile promoters

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Religare Finvest Ltd (RFL), an entirely owned subsidiary of Religare Enterprises Ltd (REL), has commissioned an investigation into siphoning-off of funds by the erstwhile promoters of the corporate. “Pursuant to the phrases agreed with respect to the restoration proceeds of Company Mortgage E-book (CLB) portfolio and FDs misappropriated by Lakshmi Vilas Financial institution (LVB) (now … Read more

Religare Finvest engages exterior company to analyze siphoning of funds by erstwhile promoters

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Religare Finvest Ltd (RFL), an entirely owned subsidiary of Religare Enterprises Ltd (REL), has commissioned an investigation into siphoning-off of funds by the erstwhile promoters of the corporate. “Pursuant to the phrases agreed with respect to the restoration proceeds of Company Mortgage E-book (CLB) portfolio and FDs misappropriated by Lakshmi Vilas Financial institution (LVB) (now … Read more