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NSEL crisis: Court freezes Rs 126-cr assets of Mohan India

Press Trust Of India  |  New Delhi 

A special anti-money laundering court in Delhi has ordered attachment of Rs 126 crore assets of one of the biggest defaulting firms and its associates involved in the National Spot Exchange Ltd (NSEL) scam.

The court has ordered the attachment of the movable and immovable assets of the firm, Mohan India Private Ltd, and officials associated with it, while confirming an attachment report of the Enforcement Directorate which issued freeze orders on these properties late last year. Mohan India is one of the large defaulters in the scam, with initial liability of Rs 922 crore. According to the latest data, it owed Rs 600.08 crore, of which it has paid Rs 52.85 crore.

First Published: Wed, May 07 2014. 22:25 IST