The Enforcement Directorate conducted searches as part of a money laundering investigation. This probe involves alleged bank fraud and attempts to misuse insolvency proceedings. Certain individuals, including Pravin Tayal and Saurabh Tayal, are under scrutiny.

Cash and documents were seized during the searches. The documents appear to be linked to properties that had not been disclosed.

Further information about the investigation and the individuals involved can be found in the source publication.