The Enforcement Directorate (ED), on Thursday, has attached a Haryana based rice mill of White Water Foods Pvt Ltd (WWPL), a defaulter in the Rs 5,600 crore payment default at National Spot Exchange Ltd (NSEL). According to an estimate, the attached rice mill is valued at Rs 41 crore.
Chandigarh-headquartered WWPL has a total payment obligation of Rs 84.82 crore as of January 30, 2015. Attempts to reach WWPL directors Kamal Dewan and Mohit Dewan proved futile.
Earlier, the ED had attached an Ahmedabad-based oil mill worth Rs 278 crore of N K Proteins (NKP) in the same case. With this, overall worth of attached properties by all agencies is estimated at over Rs 6,300 crore.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)