The Enforcement Directorate on Tuesday attached properties worth ₹315 crore of Viceroy Hotels under the Prevention of Money Laundering Act in the bank fraud case relating to Best & Crompton Engineering.
Recently, the Committee of Creditors of Viceroy Hotels decided to seek further extension of time up to 30 days for the insolvency period beyond March 6 due to the ongoing negotiations with the resolution applicants that are in advanced stage to maximise stakeholder value.