Summary:
ED officials said that they will do internal review and take further decision,” the spokesperson added. This land in Sama is in the name of Jyoti Ltd and it has no connection with Bhatnagar or his company,” Jyoti Ltd’s spokesperson said.“Our top management met the ED officials and even produced the original papers of the property. ED officials reportedly told Jyoti Ltd’s officials that they were simply acting on the directions of the CBI that had handed them over the list of properties in Bhatnagar’s case.Jyoti management is also planning to approach the CBI to clear the confusion. The central probe agency had searched the corporate office of the company and residences of its directors apart from the ED that had attached DPIL’s immovable properties. Vadodara: How did the property owned by engineering major, Jyoti Ltd land up in the list of properties owned by industrialist Amit Bhatnagar, who is in jail for defrauding banks?The management of Jyoti Ltd is baffled after the Enforcement Directorate (ED) decided to put status quo on its property in Sama area..