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Look-out circulars issued against Narayan Rane's wife, son over unpaid loans
Updated On: 09 September, 2021 12:00 AM IST | Pune | PTI
Artline Properties Pvt Ltd (main borrower), a firm owned by Nilam Rane, had availed a loan of Rs 25 crore from DHFL (Dewan Housing Finance Corporation Ltd) in which she was the co-borrower and the outstanding on the account was over Rs 27.13 crore
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Union Minister Narayan Rane. File Pic
Look-out circulars have been issued by authorities against Union minister Narayan Rane's wife Nilam and MLA-son Nitesh in connection with cases related to unpaid loans taken from a financial institution, said a senior Pune police official on Thursday.
A look-out circular is a notice which prevents a person from leaving the country.
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