The federal agency, which probes money-laundering cases, had attached two land parcels of Revati Cements Pvt Ltd and its director Umesh Shahra, claiming that the properties were purchased using illegal benefits derived from the scandal.
The land parcels - measuring 26.76 hectares and 18.92 hectares - in Madhya Pradesh were provisionally attached in September 2019 and estimated to be worth nearly Rs 20 crore. Proceeding against the company under the Prevention of Money Laundering Act (PMLA), the ED last month issued notices seeking physical possession of this land.