₹20,000 Crore Vivo Money Laundering Scam: Delhi Court Grants Bail to Chartered Accountant, Tagged as 'Mastermind'
The Delhi Court has granted bail to a chartered accountant, one of the main accused in the high-profile ₹20,000 crore money laundering case linked to...
MEITY Cracks Down on Illegal Betting: Blocks 22 Apps and Websites, Including Mahadev Book Online On request of ED
The Ministry of Electronics and Information Technology (MeitY) has taken decisive action by issuing blocking orders against 22 illegal betting apps and websites, which include well-known platforms...
Proceedings u/s 56 of FERA cannot be continued in Absence of Issuance of SCN or Opportunity Notice: Delhi HC quashes Exparte Proceeding by ED [Read Order]
In a recent judgement, the Delhi High Court proceedings under section 56 of the Foreign Exchange Regulation Act, 1973 (FERA) cannot be continued in the absence of issuance of Show cause notice (SCN)...
Acquisition of Property at Undervalued Consideration: ED provisionally attaches assets worth Rs. 73.43 Lakhs [Read Order]
Directorate of Enforcement (ED) has provisionally attached properties worth Rs.73,43,900/- (book value) under the provisions of Prevention of Money Laundering Act (PMLA), 2002 in a case on...
Registration Acquired through Suppressing Material Fact: IBBI upholds Cancellation of Registration of Registered Valuer
The Insolvency and Bankruptcy Board of India(IBBI) upheld the cancellation of the registration of the Registered Valuer as the registration was acquired through suppressing material fact. The...
Grant of Pardon in Scheduled Offence has no Effect on Proceedings Under PMLA: Allahabad HC Upholds Proceedings [Read Order]
In a significant case, the Allahabad High Court held that the grant of pardon in a scheduled offence has no effect on proceedings under the Prevention of Money Laundering Act,2002 and upheld the...
![Grant of Pardon in Scheduled Offence has no Effect on Proceedings Under PMLA: Allahabad HC Upholds Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Grant-Grant-of-Pardon-Grant-of-Pardon-in-Scheduled-Offence-has-no-Effect-Effect-PMLA-taxscan.jpg "Grant of Pardon in Scheduled Offence has no Effect on Proceedings Under PMLA: Allahabad HC Upholds Proceedings [Read Order]")
Kerala HC dismisses Santiago Martin's appeal against ED Attachments Freezing Movable Assets of Sikkim Lotteries [Read Order]
A Division Bench of the Kerala High Court dismissed appeal filed by Santiago Martin against Enforcement Directorate (ED) attachments freezing the movable assets of his company Sikkim Lotteries. ...
Money Laundering Case: Supreme Court dismisses Plea of TN Minister V. Senthil Balaji against Arrest in Cash-for-Jobs Scam, allows ED Interrogation
A Division Bench of the Supreme Court dismissed plea of Tamil Nadu Chief Minister V. Senthil Balaji against arrest in cash-for-jobs scam and allowed Enforcement Directorate (ED), interrogation in the...
