<ul><li>Lakhani India Ltd and its group companies - Lakhani Rubber Udyog Pvt Ltd and Lakhani Apparel Pvt Ltd - have been accused of defrauding Indian Overseas Bank, Punjab National Bank, and Allahabad Bank of ₹162 crore.</li><li>The promoters of Lakhani India, PD Lakhani and Suman Lakhani, are also allegedly involved in the case.</li><li>The Enforcement Directorate (ED) has provisionally attached properties worth over ₹110 crore, including five commercial plots, a farmhouse, and a commercial flat-cum-office.</li><li>The ED initiated a money laundering probe based on two FIRs filed by the CBI for criminal conspiracy and cheating in 2021 and 2023.</li></ul>

More than ₹110 cr of Lakhani India shoe company attached by ED

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