‘Dunki’ Route Human Smuggling Network: ED Seizes Rs.19.13 Crore Assets in Fresh Raids
The Enforcement Directorate (ED) has seized cash and precious metals worth over ₹19 crore during fresh searches conducted as part of an ongoing money...
Statutory Tax Dues For Pre-CIRP Period Stand Extinguished Once Resolution Plan Is Approved Under IBC: Delhi HC
The Delhi High Court has held that statutory dues for pre-CIRP period stand extinguished once resolution plan is approved under Insolvency and Bankruptcy Code...
DRT Lacks Jurisdiction in Personal Guarantor Insolvency Once CIRP Is Pending; Bombay HC Orders Transfer to NCLT
The Bombay High Court has held that once insolvency proceedings against a corporate debtor are pending before the National Company Law Tribunal (NCLT), any...
Jharkhand HC Upholds Orders Rejecting Discharge, Allows Trial to Proceed in Illegal Mining Money-Laundering Case
The Jharkhand High Court has upheld two orders of a Special PMLA Court refusing to discharge an accused and framing charges against him in...
Corporate Debtor’s ‘Cash Payment’ Defence Termed Contrived and Unsupported: NCLAT Upholds Insolvency Admission
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has dismissed an appeal filed by former director Yusuf Malubhaiwala challenging the admission...
ED Files Supplementary Prosecution Complaint in Alleged Reliance Power Fake Bank Guarantee Case
The Enforcement Directorate (ED) has filed a supplementary prosecution complaint in the ongoing investigation related to alleged fake bank guarantees submitted by Anil Ambani–led...
ED, GST Intelligence Conduct Joint Search at Cardamom Warehouse Linked to DMK Functionary
A coordinated inspection was carried out on Saturday by the Directorate of Enforcement (ED) and GST (Intelligence Wing) teams from Chennai, Bengaluru and Kerala...
Detention on ED-Issued LOC by Immigration Authorities Constitutes “Arrest”: Bombay HC Holds ED’s Arrest Illegal for Breach of 24-Hour Rule
The Bombay High Court at Goa granted bail to Kenyan national, Newton Muthuri Kimani, observing that his arrest by the Enforcement Directorate (ED) stood...
Delhi High Court Dismisses Plea by Woman Seeking Exemption From Personal Appearance Before ED Under FEMA Summons [READ ORDER]
The Delhi High Court has rejected a petition filed by Smt. Poonam Gahllot, a Canadian citizen residing in New Delhi, who sought exemption from...
IBC Prevails Over RERA : MahaRERA Dismisses Claims Contrary to Approved Resolution Plan under IBC [READ ORDER]
The Maharashtra Real Estate Regulatory Authority (MahaRERA) while ruling that Insolvency and Bankruptcy Code, 2016 prevails over Real Estate (Regulation and Development) Act, 2016;...
Delhi High Court Dismisses Petitions Challenging ED’s Provisional Attachment in Rs. 6,000-Crore Forex Laundering Case
The Delhi High Court has dismissed a batch of petitions filed by several accused individuals, including Sanjay Aggarwal, Chandan Bhatia, and Kamal Kalra, who...
PMLA | Accused Appearing on Summons Can’t Be Sent to Custody: Tripura High Court
The Tripura High Court has held that an individual who appears before a Special Court pursuant to a summons cannot be taken into custody...
Calcutta High Court Quashes Order Forcing Former Director to Represent Company in PMLA Case
The Calcutta High Court has held that a former director cannot be compelled to represent a company in a money-laundering prosecution under the Prevention...
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...
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