Supreme Court says No to ED Attachment of Properties to Protect Sahara Investors
The Supreme Court of India, during the hearing of contempt pleas against Sahara India, directed the conglomerate to present a plan outlining how it...
Arrest for Money Laundering Offence by ED: Jharkhand HC rejects bail of Father of Former Chief Engineer [Read Order]
The Jharkhand High Court rejected the anticipatory bail application of the father of a former chief engineer. The ED had arrested former chief engineer Virender Ram in the disproportionate assets...
Restriction by S. 212(6) of Companies Act not applicable When accused Co-operate with investigation: Calcutta HC upholds Bail under PMLA [Read Order]
The Calcutta High Court (HC) held that the restrictions by section 212(6) of the Companies Act, 1956 is not applicable when the accused cooperates with the investigation and upholds the bail under...
ED arrests Jharkhand Minister Alamgir Alam in Money Laundering Case, Recovers Rs.35.23cr from his PA
The Enforcement Directorate ( ED ) arrested the Jharkhand Minister Alamgir Alam in a Money Laundering Case. The ED recovered a huge amount of Rs. 35.23 crores from his Personal Assistant followed by...
Action against Cyber Fraud under PMLA: ED HQ seizes 19.5 Kg Gold valued at Rs.14.04 Crore from Locker Maintained in Mother’s Name
The Directorate of Enforcement ( ED ) Headquarters has made a significant breakthrough in a cyber fraud investigation, recovering and seizing 19.500 kilograms of gold worth Rs.14.04 crore. The...
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....
All Accused in Money Laundering Case Subject to Uniform Bail Conditions; Prior Sanction to Travel Abroad not needed as Previous Orders not Challenged: Kerala HC [Read Order]
The Kerala High Court has held that all accused individuals in a money laundering case must abide by uniform bail conditions. The court also declared that prior sanction to travel abroad is...
