<p>Mumbai: In the first such instance in the city after the new criminal laws came into force, a court has allowed the police to attach 21 properties worth Rs 167.85 crore of five accused in the alleged case of embezzlement at the New India Co-operative Bank.</p>.<p>The Economic Offences Wing (EOW) of Mumbai Police which is probing the case has started the process of attachment after receiving a magistrate court's nod on Wednesday, said an official.</p>.<p>These properties include a Slum Rehabilitation Project worth Rs 150 crore at Charkop, being developed by builder Dharmesh Paun, one of the arrested accused.</p>.RBI allows withdrawal of up to Rs 25,000 per depositor of New India Co-op Bank from Feb 27.<p>This would be the first such action under section 107 of the Bharatiya Nagarik Suraksha Sanhita (BNSS) in Mumbai city, the EOW official said.</p>.<p>The section allows the police to attach any property "derived or obtained, directly or indirectly, as a result of a criminal activity".</p>.<p>In response to the EOW's application, the court allowed the attachment of 21 properties including seven flats, a shop and a bungalow of Hitesh Mehta, a former general manager of the bank, he said.</p>.<p>Other properties include a shop of Unnahalathan Arunachalam, a flat owned by accused Kapil Dedia and property in Bihar belonging to businessman Javed Azam including a shop and a flat in Madhubani and a flat in Patna, the official said.</p>.<p>All these persons are among the eight accused arrested by the EOW for alleged embezzlement of Rs 122 crore from the bank. </p>
<p>Mumbai: In the first such instance in the city after the new criminal laws came into force, a court has allowed the police to attach 21 properties worth Rs 167.85 crore of five accused in the alleged case of embezzlement at the New India Co-operative Bank.</p>.<p>The Economic Offences Wing (EOW) of Mumbai Police which is probing the case has started the process of attachment after receiving a magistrate court's nod on Wednesday, said an official.</p>.<p>These properties include a Slum Rehabilitation Project worth Rs 150 crore at Charkop, being developed by builder Dharmesh Paun, one of the arrested accused.</p>.RBI allows withdrawal of up to Rs 25,000 per depositor of New India Co-op Bank from Feb 27.<p>This would be the first such action under section 107 of the Bharatiya Nagarik Suraksha Sanhita (BNSS) in Mumbai city, the EOW official said.</p>.<p>The section allows the police to attach any property "derived or obtained, directly or indirectly, as a result of a criminal activity".</p>.<p>In response to the EOW's application, the court allowed the attachment of 21 properties including seven flats, a shop and a bungalow of Hitesh Mehta, a former general manager of the bank, he said.</p>.<p>Other properties include a shop of Unnahalathan Arunachalam, a flat owned by accused Kapil Dedia and property in Bihar belonging to businessman Javed Azam including a shop and a flat in Madhubani and a flat in Patna, the official said.</p>.<p>All these persons are among the eight accused arrested by the EOW for alleged embezzlement of Rs 122 crore from the bank. </p>