Mumbai court allows restoration of attached property worth ₹952 crore of Vadraj Cement
NEW DELHI: In a significant development in the IL&FS case, assets worth Rs 952 crore, which were attached by the Enforcement Directorate (ED), have been restored to the rightful claimant by the Special Court (PMLA), Mumbai, vide order dated June 25, 2025, following a no-objection certificate (NOC) issued by the agency. The ED, in a statement on Saturday, said this move is in continuation of its efforts to return properties to their rightful owners and enable financial institutions to monetise attached or seized assets. The ED, Mumbai Zonal Office, had initiated an investigation under the Prevention of Money Laundering Act…