The Delhi Rouse Avenue Court criticized the Enforcement Directorate ( ED ) for its conduct, emphasizing that as an investigative body, it must abide by legal principles and avoid appearing overbearing towards ordinary citizens not

The Delhi High Court dismissed the second regular bail plea filed by Former Deputy Chief Minister of Delhi and Aam Aadmi Party leader in the money laundering and corruption cases connected to the liquor policy

The Orissa High Court recently ruled that, there is no applicability for Section 45 of Prevention of Money Laundering Act ( PMLA ) where alleged crime proceeds are under Rs. 1 Crore, while considering an

Money laundering is defined as the process by which an illegal fund, perhaps, black money, obtained from illegal activities is disguised as legal money, which is eventually portrayed to be white money. This is done

The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) observed that the fees paid to Liquidator to be paid under Regulation 4(2)(b) of the Insolvency and Bankruptcy Board of India

The Kerala High Court directed the directors of Highrich Private Limited to file application for transfer of property frozen under Section 17(1A) of the Prevention of Money- laundering Act, 2002 (PMLA). The Highrich scam is

This weekly round-up analytically summarises the key stories of the Supreme Court & High Court cases reported at taxscan.in, from April 13th, 2024 to April 20th, 2024. SUPREME COURT Licensing of software products of Microsoft

The Punjab and Haryana High Court observed that the Enforcement Case Information Report ( ECIR ) cannot be quashed by the inherent power of the High Court. The petitioner sought the quashing of Enforcement Case Information Report

In a much significant ruling, the Bombay High Court held that the Enforcement Directorate ( ED ) cannot record statement at night by depriving person's right to sleep. By the writ petition preferred under Article

In a recent case, the Delhi High Court refused to release Arvind Kejriwal, the chief minister of Delhi from arrest on a Money laundering Offence under section 19 of the Prevention of Money Laundering Act,

SUPREME COURT Services Rendered with Procurement of Goods for Exports are not to be categorised as intermediary services: Supreme Court Dismisses Appeal COMMISSIONER OF G.S.T. AND CENTRAL EXCISE vs M/S SNQS INTERNATIONAL SOCKS PRIVATE LIMITED

Ahead of the Lok Sabha elections, the Income Tax department has intercepted an attempt to channel Rs 200 crore of hawala money into Tamil Nadu, allegedly for a prominent political party. According to sources familiar

The Supreme Court delivered a decisive blow to the Enforcement Directorate's ( ED ) pursuit of a money laundering case related to the alleged Chhattisgarh liquor scam. The apex court's ruling, issued on Monday, focused

The Insolvency and Bankruptcy Board of India ( IBBI ) is the regulator for overseeing insolvency proceedings and entities like Insolvency Professional Agencies ( IPA ), Insolvency Professionals (IP) and Information Utilities (IU) in India.

The Kerala state government has issued an order handing over the Highrich MLM Fraud case investigation to the CBI. The action is based on the recommendation of the DGP. Currently, the investigation is being carried