Union Bank of India is fighting to evict ED from farmhouse office in South Delhi

Union Bank of India is in a legal tussle with the Enforcement Directorate (ED) to stop the eviction of its South Delhi farmhouse office, which is currently under ED's control. The property, originally seized as part of the investigation in the Sterling Biotech case, has been in contention since the Union Bank claims to have valid lease rights. The ED, on the other hand, asserts that the property was purchased using proceeds from the alleged fraud and has requested its repossession. The legal wrangling raises important questions about asset seizure, tenancy rights, and the powers of investigative agencies in dealing with private properties tied to ongoing investigations. The Delhi High Court is involved, and the case is expected to set legal precedents in financial fraud recovery matters.