Insolvency Proceedings Can’t Undermine PMLA Actions: NCLT
Tribunal rejects dissolution plea of Shakti Bhog Snacks, says IBC cannot override ongoing money laundering probe under PMLA.
Supreme Court Allows M3M India to Substitute Attached Assets Worth Rs. 317 Crore in ED Case
Apex court permits asset swap with commercial units from Gurugram project; conditions include no encumbrance, full ED cooperation, and disclosure of fund sources.
Bombay HC Seeks ED Report on 57 Illegal Projects, Slams Civic Officials for Aiding Unauthorised Construction
The Bombay High Court has taken serious note of rampant illegal construction in Mumbai and directed that accountability be fixed on municipal officers who...
PMLA Tribunal Confirms Attachment Against CA For Enabling Bank Fraud
The Delhi Bench of Appellate Tribunal under the Prevention of Money Laundering Act (PMLA) has confirmed attachment against Chartered Accountant (CA) for enabling bank...
Exoneration in Main FERA Case Doesn’t Wipe Out Criminal Liability for Dodging ED Summons
In India’s legal system, it is a well-established principle that disobeying a lawful summons from an investigative authority is a criminal offence in itself,...
Bikram Singh Majithia Arrested in ₹540 Crore Drug Money Laundering Case by Vigilance Bureau
Senior Shiromani Akali Dal (SAD) leader and former Punjab minister Bikram Singh Majithia was arrested by the Punjab Vigilance Bureau (VB) from his residence...
SCBA Passes Strong Resolution Condemning ED’s Summons to Senior Advocates
The Supreme Court Bar Association (SCBA) has issued a scathing resolution condemning the Enforcement Directorate (ED) for summoning and issuing notices to Senior Advocates...
ED Withdraws Summons Issued To Sr Adv Pratap Venugopal
In a significant reversal, the Enforcement Directorate (ED) has withdrawn, with immediate effect, its summons issued to Senior Advocate Pratap Venugopal in connection with...
SCAORA Seeks Supreme Court’s Suo Motu Action Against ED Summons to Senior Advocate Pratap Venugopal
The Supreme Court Advocates-on-Record Association (SCAORA) has urged the Supreme Court to take urgent suo motu cognizance of summons issued by the Enforcement Directorate...
ED Summons Senior Advocate Pratap Venugopal Over Legal Advice in ESOP Matter
The Enforcement Directorate (ED) has issued a summons to Senior Advocate Pratap Venugopal in connection with legal advice sought regarding the issuance of Employee...
PNB Fraud Case: Special PMLA Court Allows Release of Nirav Modi’s Assets Worth Rs. 66.33 Crore for Recovery of Bank Dues
A special court designated under the Prevention of Money Laundering Act (PMLA) has granted permission to Punjab National Bank (PNB) to take possession of...
Madras HC Questions ED’s Authority to Seal Premises in TASMAC Scam Probe
In a significant development, the Madras High Court has raised serious doubts about the Enforcement Directorate’s (ED) authority to seal properties during search operations...
MCA Penalises CA for Violating Auditor Resignation Norms Under Companies Act
The Ministry of Corporate Affairs (MCA) has penalised a Chartered Accountant for non-compliance with auditor resignation protocols as mandated under the Companies Act, 2013. The...
SCAORA Slams ED’s Notice to Senior Advocate Arvind Datar, Terms It Dangerous Overreach
The Supreme Court Advocates-on-Record Association (SCAORA) has issued a scathing statement condemning the Enforcement Directorate (ED) for issuing a notice to Senior Advocate Arvind...
‘Twin Conditions’ Under Section 45 of PMLA Satisfied: Delhi HC Grants Anticipatory Bail
The Delhi High Court has granted anticipatory bail to the person accused from whom 9.50 Metric Tonnes of coal was recovered and seized.The bench...
Senior Advocate Arvind Datar Exempted From Testifying in Care Health ESOP Case on Grounds of Legal Confidentiality: ED Withdraws Summons
The Enforcement Directorate (ED) has withdrawn its summons issued to senior advocate Arvind Datar in connection with an ongoing investigation into Employee Stock Option...
Illegal Mining: Delhi High Court Refuses Bail On Medical Grounds To Person Accused Of Money Laundering
The Delhi High Court has refused the bail on medical grounds to a person accused of money laundering.The bench of Justice Girish Kathpalia has...
PMLA | Bail Not Automatic Even in Magistrate-Triable Cases; Must Consider Offence Severity and Evidence: Himachal Pradesh HC
The Himachal Pradesh High Court has held that merely because a case is triable by a Judicial Magistrate does not automatically entitle the accused...
PMLA Court Grants 14-Days ED Custody To Goa Land Scam Masterminds
The Prevention of Money Laundering Court had granted 14-days Enforcement Directorate (ED) custody to Goa Land Scam masterminds.Directorate of Enforcement (ED), Panaji Zonal Office...
Arrest Of ED Assistant Director Involved in Bribery Case Stayed: Kerala High Court
The Kerala High Court has issued an interim order restraining the arrest of an Assistant Director of the Enforcement Directorate (ED) based in Kochi,...
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