New Delhi [India], September 30 (ANI): The Enforcement Directorate has seized an additional amount of Rs 131.11 crore lying in bank accounts and virtual accounts belonging to the Chinese national-owned non-banking financial company (NBFC)-PC Financial Services Pvt Ltd – under the provisions of the Foreign Exchange Management Act, 1999 (FEMA) on Thursday.
This is in continuation of earlier seizure order dated August 26 whe
ED seizes Rs 131 crore of Chinese-controlled NBFC under FEMA
