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...
![Fees Paid to Liquidator to be Paid under Regulation 4(2)(b) of Liquidation Process Regulations on Realization and Distribution of Proceeds from Auction of Assets: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/NCLAT-Liquidation-Process-Liquidator-fees-Auction-of-Assets-TAXSCAN.jpg "Fees Paid to Liquidator to be Paid under Regulation 4(2)(b) of Liquidation Process Regulations on Realization and Distribution of Proceeds from Auction of Assets: NCLAT [Read Order]")
Curbing Corruption or Crushing Opposition? Modi Govt faces Huge Misuse Allegations of CBI/ED amidst Election Heat
The Enforcement Directorate (ED) has made yet another arrest of one of Modi Govt’s critics on last Thursday, just a month before India holds a national election. Earlier on March 22, the Delhi...
Parabolic Drugs Bank Fraud Case: ED attaches Properties of CA and Others worth Rs. 82.12 Cr under PMLA [Read Order]
The Enforcement Directorate (ED) in Chandigarh has attached immovable and movable assets to the extent of Rs. 82.12 Crores in the ongoing bank fraud case involving Parabolic Drugs Limited, involving...
ED Summons cannot be quashed Merely as Documents required for Probe not Specified under PMLA: Delhi HC [Read Order]
In a major ruling, the Delhi High Court observed that the Enforcement Directorate ( ED ) summons cannot be quashed merely as documents required for the probe is not specified. The Petitioner is...
Charges against Company Must Pass through Provisional Liquidator not through Resigned Chairman: Delhi HC [Read Order]
The Delhi High Court determined that the representation of the company in the case must be undertaken by the Provisional Liquidator rather than the former chairman who had resigned. However, the...
News Paper Cutting regarding Arrest by ED does not violate Privacy policy: Delhi HC dismisses Writ Petition of Former Parliament Member [Read Order]
The Delhi High Court observed that newspaper cutting regarding the arrest by the Directorate of Enforcement ( ED ) does not violate the privacy policy and dismissed the Writ petition of the former...
