Hiranandani Group Promoters Summoned In Forex Exchange Violation Case

About four premises of the Hiranandani Group in and around Mumbai were searched by the ED last week under the provisions of the Foreign Exchange Management Act (FEMA).

The Enforcement Directorate has summoned Niranjan Hiranandani and his son Darshan Hiranandani, the promoters of prominent Mumbai-based real estate developer Hiranandani Group, for questioning in a foreign exchange violation case on February 26, official sources said on Sunday.

The Hiranandanis have been asked to depose at the central agency's office in Mumbai but they may choose to submit their primary responses through an authorised representative, they said.

Darshan Hiranandani has been living in Dubai for the last many years.