ED summons to Rana Gurjit’s son 

Jalandhar: The Enforcement Directorate (ED) has issued summons for January 17 to Rana Inder Partap Singh, son of Punjab Power Minister Rana Gurjit Singh, in connection with raising of funds abroad to the tune of $18 million (around Rs 100 crore) by floating foreign shares, or GDRs (Global Depository Receipts), for one of the family-owned companies, Rana Sugars Ltd, allegedly without the mandatory permission of the Reserve Bank of India (RBI).

Inder Partap is the managing director of Rana Sugars, a Rana Group company founded in 1992 in collaboration with Punjab Agro Corporation, with its head office in Chandigarh.

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