Bihar co-op bank ‘fraud’ PMLA case: ED raids on RJD MLA
The Enforcement Department ( ED ) conducted raid on the premises of RJD MLA and former Bihar Minister Alok Kumar Mehta in relation with Bihar...
![Co-Accused Statements u/s 50 of PMLA Not Substantive Evidence, To Be Tested During Trial Not Bail Stage: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Co-Accused-Statements-us-50-of-PMLA-Substantive-Evidence-Bail-Calcutta-HC-TAXSCAN.jpg "Co-Accused Statements u/s 50 of PMLA Not Substantive Evidence, To Be Tested During Trial Not Bail Stage: Calcutta HC [Read Order]")
Allegations of Mismanagement in Think and Learn Pvt Ltd ( Byju’s ): NCLT directs to Halt Second Rights Issue [Read Order]
The National Company Law Tribunal ( NCLT ) has directed Byju's to halt the company's controversial second rights issue. The Tribunal directed to maintain the status quo while dealing with the case...
Madhya Pradesh HC dismisses petition against Supplementary Prosecution complaint filed by ED against director of Zoom developers [Read Order]
In a recent case, the Madhya Pradesh High Court dismissed a petition against a supplementary prosecution complaint filed by the Enforcement Directors ( ED ) against the director of Zoom Developers. ...
Punjab and Haryana High Court quashes ECIR filed by Enforcement Directorate u/s 3 r/w Sec. 4 of PMLA Act [Read Order]
In a recent case, the Punjab and Haryana High Court quashed the First Information Report ( FIR ) filed by the enforcement directorate under Section 3 read with Section 4 of the Prevention of Money...
Inconsistent Expressions in Affidavit Not Sufficient Ground for Insufficiency Claim Against ED Materials: Jharkhand HC dismisses Hemant Sore's Petition [Read Order]
The Jharkhand High Court dismissed the writ petition filed by Jharkhand Chief Minister, Hemant Soren and held that mere use of inconsistent expressions in affidavit not ground to hold that materials...
No Proceedings under PMLA Sustains after Acquittal in Predicate Offence: Delhi High Court upholds Release of Attached Properties [Read Order]
The Delhi High Court has ruled that proceedings or prosecution under the Prevention of Money Laundering Act ( PMLA ) cannot be sustained if the accused has been acquitted in the predicate offence....
S. 50 PMLA not to be Invoked against Unsuspecting Citizens: Delhi Court reprimands ED, calls act "High-Handed"
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...
