Failure Of ED To Substantiate Charges or Show Progress in Probe: HP HC Allows Anticipatory Bail
The Himachal Pradesh High Court has granted anticipatory bail to the person accused of money laundering as the Enforcement Directorate (ED) failed to substantiate...
Govt’s Company Law Amendment Bill Triggers Rumours: Committee Never Recommended Scrapping Statutory Audit for Firms up to ₹1 Crore Turnover
Widespread social media chatter claiming that statutory audits may be scrapped for companies with turnover up to ₹1 crore has caused confusion among professionals,...
‘Section 482 CrPC is Like a Brahmastra’: Supreme Court Hears Appeal Against AP High Court Order Cancelling Default Bail in ₹3,500-Crore Liquor Scam
The Supreme Court on Tuesday heard an appeal challenging the Andhra Pradesh High Court’s decision to cancel the default bail earlier granted to Balaji...
CBI Drops Businessman from NCLT Bribery Case; Chargesheet Filed Against Deputy Registrar for Alleged Rs. 3 Lakh Bribe
The Central Bureau of Investigation (CBI) has filed a chargesheet against Charan Pratap Singh, Deputy Registrar of the National Company Law Tribunal (NCLT), Mumbai,...
PMLA Timelines Can’t Be Extended Using COVID-19 Limitation Orders: Bombay HC Declares ED’s Attachment Order Lapsed
The Bombay High Court has held that the Enforcement Directorate (ED) cannot rely on the Supreme Court’s COVID-19 limitation orders to extend the statutory...
Chargesheet Not Pre-condition Under PMLA: Delhi High Court Upholds Provisional Attachment Of Lawyer Gautam Khaitan’s Property
The Delhi High Court has upheld the provisional attachment of Lawyer Gautam Khaitan’s property and held that the chargesheet is not precondition under Prevention...
3 AM Special Hearing: ED Gets Late-Night Remand of OSBPL Promoter in PMAY Money Laundering Case After
In an extraordinary pre-dawn proceeding, Patiala House Courts' Additional Sessions Judge Shefali Barnala Tandon held a special hearing at her residence around 3:00...
Calcutta High Court Denies Bail To Concast Steel MD Involved In Rs. 6,210-Crore Money Laundering Case
The Calcutta High Court has refused to grant bail to industrialist Sanjay Surekha @ Sanjay Kumar Surekha, Chairman and Managing Director of Concast Steel...
ED Conducts Raids on Businessman Vikas Garg in Rs. 190-Crore Customs Duty Evasion & Money Laundering Case
The Enforcement Directorate (ED) on Wednesday carried out extensive search operations at several premises linked to Delhi-based businessman Vikas Garg, now known as the...
Mere Issuance Of Form 15CB By CA Does Not Amount to Abetment Of Money Laundering: Supreme Court
In a significant ruling safeguarding the professional responsibilities of Chartered Accountants (CAs), the Supreme Court has upheld that merely issuing Form 15CB under the...
PMLA | Possession of Unexplained Cash, Gold Not Linked to Official Duty Of Public Servant; No Sanction Needed for Cognizance: Rajasthan HC
The Rajasthan High Court, Jaipur Bench, possession of unexplained cash and gold has no nexus with official duties of the public servant. Therefore, prosecution...
Coal Block Allocation Is ‘Property’ Under PMLA: Delhi HC Upholds ED’s Power to Attach Rs. 227-Crore Assets
The Delhi High Court has held that a coal block allocation constitutes “property”, and any financial gains derived from its misuse can be treated...
MCA Portal Glitches Continue to Trouble Professionals Despite Deadline Extension
Company secretaries, chartered accountants, and other compliance professionals are grappling with persistent technical glitches on the Ministry of Corporate Affairs’ (MCA) Version 3 portal,...
Rs. 12.8 Crore Frozen : ED Raids 20 Locations in Karnataka, Haryana in Illegal Iron Ore Export Case
The Directorate of Enforcement (ED) on Thursday carried out extensive search operations across 20 locations in Bengaluru, Hospet, and Gurugram (Haryana) in connection with...
ED’s Selective Approach in Liquor Scam Probe Not Illegal But Procedurally Irregular: Chhattisgarh HC Dismisses Plea Challenging Arrest
The Chhattisgarh High Court has dismissed the plea challenging the arrest and held that ED’s selective approach in the liquor scam probe was not...
Indian Currency Can Be Seized Under FERA: Delhi HC Upholds ED’s Confiscation
The Delhi High Court has held that Indian currency can be seized and confiscated under the provisions of the Foreign Exchange Regulation Act, 1973...
ED Restores Rs 175 Crore Properties to Udaipur Homebuyers, Wins Supreme Court Praise
In a landmark move, the Enforcement Directorate (ED) has restored over 350 immovable properties, including residential flats, commercial units, and plots worth Rs 175...
ED Attaches Rs. 71 Crore Worth of Properties Linked to IAS Officer in Vasai-Virar Illegal Construction Scam
The Enforcement Directorate (ED), Mumbai, has attached immovable assets valued at Rs. 71 crore belonging to senior IAS officer and former Vasai Virar Municipal...
Relief for Exporter in Case Involving ED, Customs Over Unrealised Export Proceeds: Madras High Court Quashes FERA Penalty
The Madras High Court has set aside penalties imposed by the Enforcement Directorate (ED) under the repealed Foreign Exchange Regulation Act (FERA), 1973, after...
ED Warns Public Against Fake Summons and “Digital Arrest” Scams; Launches QR-Based Verification System
In a bid to curb the growing menace of fake summons and impersonation scams, the Enforcement Directorate (ED) has issued a public warning against...
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