ED attaches over Rs 440 cr assets of ex-promoters of Kwality
The Enforcement Directorate (ED) Thursday said it has attached assets worth more than Rs 440 crore in Delhi, Haryana and Punjab as part of an alleged bank loan fraud linked money laundering case against former promoters of dairy major Kwality Ltd. An order was issued under the Prevention of Money Laundering Act (PMLA) for the […]
Lactalis interested in Acquiring Kwality dairy by wooing the creditors
Talks between Lactalis and Kwality Dairy’s creditors have gathered steam over the past few weeks and could result in the former making a formal proposal for Kwality Dairy in the next 8-10 days, according to sources. NCLT passes order to liquidate dairy firm Kwality Dairies Lactalis looking forward to acquisition of dairy business in North […]