New Delhi, May 26 -- The Enforcement Directorate (ED), Chandigarh Zonal Office-I, on Tuesday carried out search operations at multiple premises linked to Chandigarh Royale City Promoters Pvt. Ltd. (CRCPL), the Royale Estate Group, and associated individuals and entities across Punjab and Chandigarh, including the group's main head office located on the Chandigarh-Delhi Highway in Zirakpur.
The ED case was initiated on the basis of an FIR registered by Punjab Police, SAS Nagar, against the directors and associated persons of Chandigarh Royale City Promoters Pvt. Ltd. in connection with alleged fraud and criminal conspiracy related to the deliberate default of statutory liabilities payable to GMADA and the submission of dishonoured cheques a...