Legal7 Jun 2026, 12:30 pm
Reliance Infra Faces ₹77.86 Cr Lien Confirmation
AI Summary
Reliance Infrastructure Ltd has disclosed the confirmation of a lien on its bank accounts amounting to ₹77.86 crore by the Office of the Commissioner Customs (Appeals). This order, dated June 06, 2026, relates to alleged violations of FEMA and confirms a provisional order from December 9, 2025. The company intends to file an appeal challenging this order. The financial implication is the confirmation of the lien on the specified amount.
Key Highlights
- Lien confirmed on Reliance Infra bank accounts for ₹77.86 crore.
- Order issued by the Office of the Commissioner Customs (Appeals).
- Allegations relate to FEMA violations.
- Company plans to challenge the order by filing an appeal.