ED has issued summons to the director and former MP Ishwar Lal Jain and his son former member of legislative assembly Manish Jain conducting raids on Rajmal LakhiChand Jewellers and other establishments for two consecutive days in previous. In this post we are going to tell you about the Jalgaon raid news, what are the updates from the enforcement directorate, what is ED is doing, What is the current situation of the raid, what will be the next move of the government. To know all about Jalgaon Raid News stay with us in this post at last.
Jalgaon Raid News
The enforcement directorate has issued summons to raid on Rajmal LakhiChand Jewellers and other establishments for two consecutive days in this case of crores of loans taken from the State bank of India in the previous year. Ishwar Lal Jya already confirmed this news that the enforcement directorate summons Manish along with Ishwar Lal Jain of RL LakhiChand Jalgaon Raid News. In this two day raid of the enforcement directorate the team of RL has already found many things.
They said that all the stocks of jewelry in jewellers as well as cash of 90 lakhs has been seized from The raid. Along with that Jain father and son have decided to fight a court battle against the action of raid. Those who don’t know about the case can read the below points. By reading those points you can be able to clear your concept regarding the case. So what is the case?
Jalgaon Raid News Overview
| Title | Jalgaon Raid News |
| Year | 2023 |
| Category | News |
| News | Today |
| Status | Live |
| City | Jalgaon |
Jalgaon News
So, what is the case? Kamal Lakhi Chand Jewellers has taken a loan of over 500 crore from the State bank of India in different stages from previous years. The issue here is that Ishwar Lal Jain is claiming that while recovering the loan taken 4% interest and the bank raised the interest rate illegally and increased the outstanding amount by imposing additional taxes on them. That’s why in this loan case R. It is already alleged that the directors of L. Have settled illegally from the officials. However, the search is going on. So according to the client this is not fair action by the state and they will take action against them.
Jalgaon News Live
Ishwar Lal Jain is claiming that while recovering the loan taken a 4%. The bank raised the interest rate illegally and increased the outstanding amount by imposing additional taxes. In the loan case R. It is alleged that the directors’ loans have been settled illegally. First investigation report from CBI in this case after SBI complaint to CBI regarding the case. CBI has filed an FIR against Amrish Jain along with Ishwar Lal and Manish Jain. So the searching is going on and in the previous news 40 officers read with a fleet of vehicles prepared for all preparations including summons warrant.
Jalgaon Raid News Today
Investigation by the enforcement department has started by raiding Rajkamal Lakhi Chand Jewellers along with Manraj motors and other Nexa showroom from Thursday , 17 August 2023. The radio is going on and on Friday, 18 August 2023 for the second day in a row. The teams of the enforcement directorate continued their inspection and investigation on these 3 establishments regarding the news. The investigation and the specs and necessary documents and records have been seized. Along with that 90,00,000 rupees along with jewellers already seized, AC to Jalgaon Raid News.
Jalgaon News Today
If you talk about the materials then along with 90,00,000 rupees cash, from the jewellers, along with that other stocks from the shop has been seized. In Jalgaon Raid News, Jain father and sons have been summoned by The ED and started reading all the establishments and residents simultaneously. This was due to causing excitement among the businessmen of Jalgaon. If you talk about them on one hand while the investigation and statements of concern are being recorded and on the other hand the ED has summoned Ishwar Lal Jain and Manish Jain and asked them to appear for the investigation.
Jalgaon Raid News In English
These are all the current news and the status of Jalgaon News Live. The enforcement directorate team arrived in Jalgaon early on Thursday, 17 August 2023 for the inspection of various establishments found by Rajkamal LakhiChand Jewellers. Jalgaon Raid News The investigation is going on and has kept all the preparation including summons warrants. This is all about Jalgaon Raid News.
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FAQs related to Jalgaon Raid News
How much loan was taken by Lakhi Chand Jewellers in different stages a few years ago?
Lakhn jewellers took a loan of over 500 crores from State bank of India in different stages a few years ago.