Corporate Law News Bank loan fraud: ED attaches assets worth Rs 52 lakh. April 22, 2020 by Legal India Admin | Leave a Comment The Enforcement Directorate (ED) on Wednesday said it has attached assets, worth Rs 51.86 lakh, of a company in connection with a money laundering case linked to an alleged bank fraud in Haryana. It said a provisional order for attachment of the properties, in the form of commercial property in Gurgaon and bank balances, has […] Read more » bank fraud in Haryana. Green Valley Plywood Limited PMLA Prevention of Money Laundering Act
Corporate Law News Centre agrees in SC to revisit its 2017 proposal of taking over Unitech management January 21, 2020 by Legal India Admin | Leave a Comment The Centre, however, said it would not infuse any funds for completion of pending projects of the company. In a major development, the Centre has told the Supreme Court that it is agreeable to revisit its 2017 proposal to take over the management control of embattled realty firm Unitech Ltd and complete its stalled projects […] Read more » Ajay Chandra Managing Directors Ajay Chandra PMLA Unitech Ltd under Prevention of Money Laundering Act Unitech management Unitech promoters Sanjay Chandra and
High Profile Cases Top Law News Bank loan fraud: Delhi court grants bail to Ratul Puri in a money laundering case. December 14, 2019 / December 14, 2019 by Legal India Admin | Leave a Comment A Delhi court Friday granted bail to businessman Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath, in a money laundering case related to a bank loan fraud. Special Judge Arvind Kumar granted the relief to Puri saying no purpose will be served by keeping him in further custody. The Enforcement Directorate had last […] Read more » AgustaWestland money laundering case Moser Baer nephew of Madhya Pradesh Chief Minister Kamal Nath PMLA Prevention of Money Laundering Act ratul puri Ratul Puri nephew of Madhya Pradesh Chief Minister Kamal Nath Rs 354 crore bank fraud case
Corporate Law News Bank fraud: Ratul Puri moves bail plea December 2, 2019 by Legal India Admin | Leave a Comment A Delhi court on Friday sought response from the Enforcement Directorate (ED) on a bail application filed by businessman Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath, in a money laundering case related to a bank loan fraud. Special judge Arvind Kumar issued notice to the ED and directed it to file a […] Read more » Deepak Puri Delhi High Court MBIL Moser Baer India Limited mother Nita PMLA Prevention of Money Laundering Act Puri's anticipatory bail plea ratul puri Ratul Puri is facing criminal investigation Special Judge Arvind Kumar
Top Law News The Supreme Court agrees to hear PIL seeking consecutive jail terms in cases of corruption and terrorism November 28, 2019 by Legal India Admin | Leave a Comment The Supreme Court on Thursday agreed to hear after four weeks the PIL seeking various jail terms awarded to a convict under special laws on corruption and terrorism to run consecutively, as in countries like the US, and not concurrently. A bench headed by Chief Justice S A Bobde considered the submissions by lawyer and […] Read more » Chief Justice S A Bobde Code of Criminal Procedure FCRA Fugitive Economic Offenders Act PMLA the Black Money and Imposition of Tax Act the Foreign Contribution (Regulation) Act the Prevention of Corruption Act PCA the Prevention of Money Laundering Act the Prohibition of Benami Property Transactions Act The Supreme Court Unlawful Activities (Prevention) Act (UAPA)
Top Law News PMLA Appellate Tribunal also releases assets of 63 Moons from ED attachment. September 17, 2019 by Legal India Admin | Leave a Comment The PMLA Appellate Tribunal, on Tuesday released the assets of 63 moons from attachment by the Enforcement Directorate (ED). This order comes soon after the Bombay High Court order, which quashed the attachments of 63 moons assets under the MPID Act. However, the Tribunal, after quashing the attachment orders, has made it subject to filing […] Read more » 63 moons 63moons PMLA PMLA Appellate Tribunal
Top Law News Delhi court allows Robert Vadra to travel abroad on business September 13, 2019 by Legal India Admin | Leave a Comment A Delhi court on Friday allowed Robert Vadra, the son-in-law of Congress chief Sonia Gandhi, to travel abroad for business purposes. Special judge Arvind Kumar granted permission to Vadra to travel to Spain from September 21 to October 8. Vadra is facing probe under the Prevention of Money Laundering Act (PMLA). Read more » PMLA Prevention of Money Laundering Act Robert Vadra
Court, Judiciary & Legal System Justice Sunil Gaur, Who Rejected Chidambaram’s Bail Plea, Appointed Chairman of PMLA Tribunal August 29, 2019 by Legal India Admin | Leave a Comment Days after he paved the way for the arrest of Former FM P Chidambaram by denying him interim bail, now-retired Delhi HC judge Justice Sunil Gaur was on Wed. appointed the chairperson of the Appellate Tribunal for Prevention of Money Laundering Act (PMLA). Gaur is set to take over the post from Sept 23. He had retired […] Read more » Chidambaram Justice Sunil Gaur PMLA
High Profile Cases Top Law News ED to High Court: Seized Choksi firm’s jewellery for involvement in laundering May 4, 2018 by Legal India Admin | Leave a Comment Jewellery stock of Gitanjali Gems were seized as it was being in direct control of diamantaire Mehul Choksi, who has refused to join investigation, and involved in money laundering, the Enforcement Directorate (ED) today told the Delhi High Court. ED contended that the proceed of crime generated through criminal activities arising out of the scheduled […] Read more » ED featured Gitanjali Gems Mehul Choksi PMLA Prevention of Money Laundering Act Seized Choksi firm
Top Law News Delhi Court allows ED to quiz Kashmiri businessman in Terror funding case. March 17, 2018 by Legal India Admin | Leave a Comment A Delhi court today allowed the Enforcement Directorate to interrogate a Kashmiri businessman in connection with a terror funding case involving LeT chief and 26/11 Mumbai attack mastermind Hafiz Saeed to unearth the money trail. Additional Sessions Judge Tarun Sherawat allowed the application filed by ED’s counsel Nitesh Rana seeking permission to quiz Zahoor Watali, […] Read more » Additional Sessions Judge Tarun Sherawat featured FEMA PMLA Prevention of Money Laundering Act Syed Ali Shah Geelani. Terror funding case
Top Law News Warrant issued against Nirav Modi in Tax evasion case. February 28, 2018 by Legal India Admin | Leave a Comment A magistrate’s court here today issued a bailable arrest warrant against diamond trader Nirav Modi in connection with a case of alleged tax evasion in purchase of a property which turned out to be “benami”, an Income Tax department official said. Benami properties are those that are not bought and registered in the name of […] Read more » featured Nirav Modi PMLA Punjab National Bank fraud case tax evasion case Warrant issued against Nirav Modi
High Profile Cases PNB fraud : ED attaches houses and land worth INR 523cr of Nirav Modi group February 25, 2018 by Legal India Admin | Leave a Comment The Enforcement Directorate (ED) on Saturday attached 21 properties, including a penthouse and a farmhouse, of Nirav Modi and his group worth over INR 523 crore in fresh action against the beleaguered jeweller in the alleged Rs 11,400 crore fraud in the PNB The central probe agency said it has issued a provisional order for […] Read more » featured Nirav Modi group PMLA PMLA Nirav Modi PNB fraud
