In this image received on April 11, 2026, Cash seized by ED during a raid against an insolvent real estate company is displayed, in New Delhi. (PTI)
New Delhi: The Enforcement Directorate (ED) has seized Rs 6.3 crore in cash and jewellery worth Rs 7.5 crore following searches against a Delhi-based real estate company accused of defrauding homebuyers and currently undergoing insolvency proceedings, officials said on Saturday.
The action under the Prevention of Money Laundering Act (PMLA) was launched on Friday, and 10 premises of former directors, promoters and associated entities of the company — Earth Infrastructures Ltd. (EIL) — in Delhi and Gurugram were covered.
The company, according to official records, has been undergoing a…