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ED searches against entities involved in IBC process for Kolkata company — TradingView News

The Enforcement Directorate on Wednesday conducted searches in three states as part of a FEMA investigation against a Kolkata-based engineering company that recently underwent insolvency, officials said. They said about 16-17 premises in Kolkata, Delhi and Bengaluru linked to McNally Bharat Engineering Company Limited (MBECL) and persons and entities connected with its acquisition are being…