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...
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,...
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