Business Standard

Notices served to Vasan Health Care, Advantage Strategic Consulting

IANS  |  Chennai 

The (ED) on Monday said it has issued notices to Vasan Health Care Pvt Ltd and Advantage Strategic Consulting for violation of the (FEMA) totalling to Rs 2,307 crore.

The two companies are connected to former Finance Minister P. Chidambaram's son Karti P. Chidambaram.

The ED said it had served notice to Vasan Health Care Pvt. Ltd of Rs 2,262 crore.

Advantage Strategic Consulting was served Rs 45 crore for sale of Vasan's shares to overseas investors.

--IANS

vj/ksk//vt

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Notices served to Vasan Health Care, Advantage Strategic Consulting

The Enforcement Directorate (ED) on Monday said it has issued notices to Vasan Health Care Pvt Ltd and Advantage Strategic Consulting for violation of the Foreign Exchange Management Act (FEMA) totalling to Rs 2,307 crore.

The (ED) on Monday said it has issued notices to Vasan Health Care Pvt Ltd and Advantage Strategic Consulting for violation of the (FEMA) totalling to Rs 2,307 crore.

The two companies are connected to former Finance Minister P. Chidambaram's son Karti P. Chidambaram.

The ED said it had served notice to Vasan Health Care Pvt. Ltd of Rs 2,262 crore.

Advantage Strategic Consulting was served Rs 45 crore for sale of Vasan's shares to overseas investors.

--IANS

vj/ksk//vt

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Notices served to Vasan Health Care, Advantage Strategic Consulting

The (ED) on Monday said it has issued notices to Vasan Health Care Pvt Ltd and Advantage Strategic Consulting for violation of the (FEMA) totalling to Rs 2,307 crore.

The two companies are connected to former Finance Minister P. Chidambaram's son Karti P. Chidambaram.

The ED said it had served notice to Vasan Health Care Pvt. Ltd of Rs 2,262 crore.

Advantage Strategic Consulting was served Rs 45 crore for sale of Vasan's shares to overseas investors.

--IANS

vj/ksk//vt

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22