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...
ED Raids Homes of Mammootty, Dulquer Salmaan and Prithviraj in Alleged Luxury Car Smuggling Case
The Enforcement Directorate (ED) on Wednesday carried out extensive searches at the residences and offices of Malayalam film icons Mammootty, his son Dulquer Salmaan,...
Supreme Court Hears Plea Seeking Probe into Alleged Financial Irregularities by Indiabulls Housing Finance Ltd.
The Supreme Court of India on Tuesday heard a high-profile plea seeking a probe into alleged financial irregularities and fund diversion by Indiabulls Housing...
Adjudicating Authority Can’t Expand Its Jurisdiction And Intervene Where CoC Is Tasked To Make Decisions At Its Own Discretion: NCLAT
The Delhi bench of National Company Law Appellate Tribunal (NCLAT) has held that adjudicating authority cannot expand its jurisdiction and intervene where Committee Of...
ED to Attach Properties of Celebrities in 1xBet Online Betting and Money Laundering Probe
The Enforcement Directorate (ED) is set to attach assets worth several crores of rupees belonging to sportspersons and film actors under the Prevention of...
ED Attaches Rs. 155 Crore Worth of Properties in ₹1600 Crore LFS Broking Fraud Case
The Enforcement Directorate (ED) has attached 212 immovable assets valued at over ₹155 crore in connection with its money laundering probe into the multi-crore...
NCLT Removes Resolution Professional Amid Bias Allegations in U.N. Automobiles Insolvency, Acts on Rajasthan High Court’s Direction
In a major setback to the Corporate Insolvency Resolution Process (CIRP) of M/s U.N. Automobiles Pvt. Ltd., the National Company Law Tribunal (NCLT), Jaipur...
ED Charges Raj Kundra, Shilpa Shetty in ₹60 Crore Bitcoin Fraud Case
The Enforcement Directorate (ED) has filed a chargesheet against businessman Raj Kundra in connection with the multi-crore Bitcoin Ponzi scheme allegedly masterminded by late...
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