The Punjab and Haryana High Court has granted regular bail in a money laundering case linked to the alleged diversion of homebuyers’ funds. Justice Sumeet Goel held that prolonged pre-trial custody can…
The Karnataka High Court on Thursday quashed the money laundering case filed by the Enforcement Directorate against non-banking finance company Sammaan Capital, formerly Indiabulls Housing Finance. Justice M Nagaprasanna ruled that without…
The Enforcement Directorate has advised homebuyers to report builders to law enforcement and RERA if they refuse to share registration details, insist on cash, delay documents or fail to refund money. The…
Senior advocate Kapil Sibal said the judiciary and the press have failed democracy. Speaking at the Prem Bhatia Memorial Lecture, he warned that if these two pillars bend to power excesses, the…
The Enforcement Directorate has conducted searches across Delhi-NCR against AVJ Developers and Rudra Buildwell Construction in a money laundering probe linked to alleged cheating of homebuyers through 'subvention' schemes, officials said on…
The SAFEMA appellate tribunal has upheld the Enforcement Directorate’s attachment of a $250,000 London insurance policy of industrialist Koneru Pradeep in the Emaar Hills Township money-laundering case. Member Rajesh Malhotra dismissed Pradeep’s…
The central government has appointed Naveen Kumar B, retired Additional Director (Prosecution) of the Enforcement Directorate, as Member (Law) of the Adjudicating Authority under the Prevention of Money Laundering Act. The President…
The Enforcement Directorate (ED) arrested insolvency professional Jitesh Gupta on Wednesday under the Prevention of Money Laundering Act in the Best Foods case. The ED alleges that Gupta, acting as Resolution Professional,…
The Enforcement Directorate (ED) has informed the Karnataka High Court that a fresh judicial member has been appointed to the PMLA Adjudicating Authority, following the Supreme Court's guidelines in the JSW case.…
The Bombay High Court on Wednesday directed the Enforcement Directorate to file an affidavit confirming whether the settlement process in Vijay Mallya's asset recovery case is complete. The division bench observed that…
