Money Laundering Accused Can't Be Equated With Murder, Rape Accused: Delhi High Court While Granting Bail In PMLA Case
4 months ago

Money Laundering Accused Can't Be Equated With Murder, Rape Accused: Delhi High Court While Granting Bail In PMLA Case

Live Law  

The Delhi High Court on Wednesday remarked that an accused in a money laundering case cannot be equated with those punishable with death, life imprisonment, ten years or more like offences such as murder, rape or dacoity.Justice Manoj Kumar Ohri said that it is pertinent to keep in mind while dealing with the cases under the PMLA that except in a few exceptional cases, the maximum sentence can. The Delhi High Court on Wednesday remarked that an accused in a money laundering case cannot be equated with those punishable with death, life imprisonment, ten years or more like offences such as murder, rape or dacoity. Reiterating that keeping the accused in custody by using Section 45 PMLA as a tool for incarceration or as a shackle is impermissible, the Court said: “The accused in a money laundering case cannot be equated with those punishable with death, imprisonment for life, ten years or more like offences under the Narcotic Drugs and Psychotropic Substances Act, 1985, murder, cases of rape, dacoity, etc.” The Court made the observations while granting bail to Hari Om Rai, MD of Lava International mobile company, in a money laundering case involving smartphone maker Vivo. Granting bail to Rai, the Court noted that the investigation was initiated in 2022 and the Prosecution Complaint had named 48 accused persons and cited 527 witnesses.

Court Money Laundering Delhi High Court Rai Pmla Case Laundering Accused  delhi  court  cases  equated  punishable  high  pmla  case  rai  murder  laundering  accused  granting  rape  money

History of this topic

PMLA | Money Laundering Offence Continues So Long As Proceeds Of Crime Are Concealed, Used Or Projected As Untainted : Supreme Court
2 days, 19 hours ago

PMLA | Money Laundering Offence Continues So Long As Proceeds Of Crime Are Concealed, Used Or Projected As Untainted : Supreme Court

Live Law  

Observing that the offence of money laundering is a continuing offence and not a one-time occurrence, the Supreme Court today refused to discharge Pradeep Sharma, a former Gujarat IAS officer in a case under the Prevention of Money Laundering Act. The argument that no offence of money laundering could be made out because the alleged predicate offence occurred before the …

Delhi court grants bail to man accused in case linked to illegal ₹329 crore overseas transfer
3 weeks, 4 days ago

Delhi court grants bail to man accused in case linked to illegal ₹329 crore overseas transfer

The Hindu  

A Delhi court has granted bail to a man arrested in a money laundering case linked to alleged illegal transfer of funds worth ₹329 crore outside India using "forged" import bills. Additional Sessions Judge Aparna Swami granted relief to Jatin Chopra, who was taken into custody on September 15, 2024, saying that "owing to further investigation which is pending, the …

Money Laundering Serious Offence, Courts Can't Grant Bail Casually Without Considering S.45 PMLA Conditions : Supreme Court
1 month ago

Money Laundering Serious Offence, Courts Can't Grant Bail Casually Without Considering S.45 PMLA Conditions : Supreme Court

Live Law  

The Supreme Court today set aside the bail granted to the individual accused of committing money laundering after noting that the High Court failed to satisfy the twin conditions stipulated under Section 45 of the Prevention of Money Laundering Act, 2002.The Court reiterated that the conditions enumerated in Section 45 will have to be complied with even in respect. The …

Prevention Of Money Laundering Act (PMLA): All India Annual Digest 2024
1 month, 1 week ago

Prevention Of Money Laundering Act (PMLA): All India Annual Digest 2024

Live Law  

Whether the High Court was justified in quashing the summons issued to the respondent merely on the premise that the respondent was discharged in the predicate offence. Bombay High Court Grants Bail To Accused In ₹6606 Crore Bitcoin Fraud Case, Cites Her Being A Woman, Mother Of Six-Yr-Old Case Title: Simpy Bhardwaj vs Union of India Citation: 2024 LiveLaw 522 …

Delhi court grants anticipatory bail to rape accused, notes offence not reported 'in time'
2 months, 1 week ago

Delhi court grants anticipatory bail to rape accused, notes offence not reported 'in time'

Hindustan Times  

New Delhi, A court here has granted anticipatory bail to a man accused of raping a divorced woman on the pretext of marriage, noting that the woman was not prompt in reporting the alleged offence and that the accused’s custodial interrogation was not required. Delhi court grants anticipatory bail to rape accused, notes offence not reported 'in time' Additional Sessions …

Existence Of "Proceeds Of Crime" Is Pre-Condition For Money-Laundering: J&K High Court Quashes PMLA Complaints In Alleged ₹250 Cr Scam
2 months, 1 week ago

Existence Of "Proceeds Of Crime" Is Pre-Condition For Money-Laundering: J&K High Court Quashes PMLA Complaints In Alleged ₹250 Cr Scam

Live Law  

Underscoring the necessity of the existence of "proceeds of crime" for constituting an offence under the Prevention of Money-Laundering Act, 2002 the Jammu and Kashmir and Ladakh High Court has reiterated that in the absence of such proceeds, no money-laundering offence could arise. The petitioners, who served as Chairman and Secretary, respectively, of the River Jehlum Co-operative House Building Society …

International trade-based money laundering bust in Chennai that got ED 14 per cent of its convictions
2 months, 2 weeks ago

International trade-based money laundering bust in Chennai that got ED 14 per cent of its convictions

New Indian Express  

CHENNAI: An investigation by the Enforcement Directorate into a money-laundering scam where at least Rs 120 crore worth US dollars were sent to Hong Kong through multiple shady accounts with two Chennai banks has given the agency six of its 42 all-India Prevention of Money Laundering Act convictions till date. The probe is significant for multiple reasons; firstly, ED got …

Delhi High Court grants bail to man held over two years in Rs 7-crore cheating case
2 months, 2 weeks ago

Delhi High Court grants bail to man held over two years in Rs 7-crore cheating case

New Indian Express  

NEW DELHI: The Delhi High Court recently granted bail to a man held in custody for over two years in a high-profile cheating case. The accused, Sandeep Tilwani, was arrested in 2022 for allegedly cheating a company of Rs 7 crore by issuing fake payment receipts for bulk rice container orders. “The law prefers bail over jail,” the court noted, …

Bid to acquire ill-gotten gains not money laundering: Delhi Court
2 months, 3 weeks ago

Bid to acquire ill-gotten gains not money laundering: Delhi Court

New Indian Express  

The ED alleged that Rs 50.37 crore was infused into ACL through family members and group companies in anticipation of benefits from criminal activity related to a scheduled offence registered by the CBI. “An attempt to acquire proceeds of crime or anticipating undue benefits cannot be considered money laundering as there are no proceeds of crime at that stage,” the …

PMLA Case | Allahabad HC Denies Bail To Man Accused Of Duping People By Impersonating Person Close To PM Modi
3 months ago

PMLA Case | Allahabad HC Denies Bail To Man Accused Of Duping People By Impersonating Person Close To PM Modi

Live Law  

The Allahabad High Court on Tuesday denied bail to one Mohammad Kashif, booked under the Prevention of Money Laundering Act, on the allegations that he duped people financially by flaunting on social media morphed images with ministers, including Prime Minister Narendra Modi. Noida resident Kashif, arrested in April last year, defrauded people by promising them tenders and government jobs and …

SC grants bail to two in Waqf Board money laundering case
3 months, 1 week ago

SC grants bail to two in Waqf Board money laundering case

New Indian Express  

NEW DELHI: The Supreme Court on Wednesday in it order granted bail to two men arrested in connection with the Delhi Waqf Board money laundering case. While grating bail to accused -- Zeeshan Haider and Daud Nasir, a two-judge bench of the apex court, led by Justice Abhay S Oka and Justice Augustine George Masih observed that the duo were …

SC grants bail to two men in Delhi Waqf Board money laundering case
3 months, 1 week ago

SC grants bail to two men in Delhi Waqf Board money laundering case

Hindustan Times  

New Delhi, The Supreme Court on Wednesday granted bail to two men arrested in connection with the Delhi Waqf Board money laundering case, taking note of their prolonged incarceration and unlikelihood that the trial would begin in the near future. SC grants bail to two men in Delhi Waqf Board money laundering case A bench comprising Justices Abhay S Oka …

3 Bangladeshis arrested for illegal entry get 5-year jail term
3 months, 1 week ago

3 Bangladeshis arrested for illegal entry get 5-year jail term

India Today  

A special court on Wednesday sentenced three Bangladeshi nationals to five years imprisonment for illegally infiltrating into India, possessing fake documents and aiding members of terror outfits in India. The three nationals, identified as Mohammed Habibur Rehman Habib alias Raj Jesub Mandal, Hannan Anwar Hussain Khan alias Hannan Baburali Gazi, and Mohd Azarali Subhanallah alias Raja Jesub Mandal, were convicted …

Suspended IAS officer Pooja Singhal gets bail in MGNREGA scam case
3 months, 1 week ago

Suspended IAS officer Pooja Singhal gets bail in MGNREGA scam case

New Indian Express  

RANCHI: Suspended IAS officer Pooja Singhal, who was in jail for the last 28 months in a money laundering case linked to MGNREGA scam, was granted bail by a special Prevention of Money Laundering Act Court in Ranchi on Saturday. The Enforcement Directorate, after an interrogation for over 15 hours, had arrested the then mining secretary Pooja Singhal on May …

Excise policy: Delhi HC refuses to prepone hearing on Kejriwal's plea in money laundering case
3 months, 2 weeks ago

Excise policy: Delhi HC refuses to prepone hearing on Kejriwal's plea in money laundering case

Hindustan Times  

New Delhi, The Delhi High Court on Friday refused to advance the hearing on a petition by A chief Arvind Kejriwal challenging a trial court's order taking cognisance of a chargesheet filed against him in a money laundering case. Excise policy: Delhi HC refuses to prepone hearing on Kejriwal's plea in money laundering case Justice Manoj Kumar Ohri said, "matter …

Popular Front of India's Delhi chief gets bail in money laundering case
3 months, 2 weeks ago

Popular Front of India's Delhi chief gets bail in money laundering case

India Today  

The Delhi High Court on Wednesday granted bail to three members of the Popular Front of India, including the banned organisation's Delhi chief, in connection to a money laundering case. The three PFI members -- Parvez Ahmed, the group's chief in Delhi, General Secretary Mohammad Ilyas and Abdul Muqeet -- were granted bail on a personal bond of Rs 50,000 …

Chidambaram moves Delhi HC against INX media chargesheet cognisance
3 months, 2 weeks ago

Chidambaram moves Delhi HC against INX media chargesheet cognisance

New Indian Express  

NEW DELHI: Former Union Minister P Chidambaram on Wednesday moved the Delhi high court contesting the trial court’s cognisance of money laundering charges against him in the INX media case and argued that the mandatory sanction to prosecute him wasn’t obtained. Advocate N Hariharan appearing for the senior Congress leader argued that in 2021, when the trial court took cognisance …

Delhi HC grants bail to Lava MD Hari Om Rai in money laundering case
Trending News
3 months, 3 weeks ago

Delhi HC grants bail to Lava MD Hari Om Rai in money laundering case

Hindustan Times  

NEW DELHI: The Delhi high court on Wednesday granted bail to Hari Om Rai, co-founder and managing director of Lava International in a money laundering case involving smartphone maker Vivo. Justice Manoj Kumar Ohri granted regular bail to Hari Om Rai who was arrested in October 2023 i a PMLA case by the Enforcement Directorate. Justice Manoj Kumar Ohri ordered …

Aircel-Maxis case: Delhi High Court stays trial court proceedings against P Chidambaram over alleged money laundering
Top News
3 months, 3 weeks ago

Aircel-Maxis case: Delhi High Court stays trial court proceedings against P Chidambaram over alleged money laundering

Live Mint  

Delhi High Court on Wednesday, November 20, put a stay order on the proceedings against Senior Congress Leader P Chidambaram's alleged involvement in the Aircel Maxis money laundering case, reported the news agency PTI. The high court has also asked for a response from the Enforcement Directorate over a plea filed by Chidambaram challenging the trial court's decision to take …

Aircel-Maxis money laundering case: Delhi HC stays trial court proceedings against P Chidambaram | Details
4 months ago

Aircel-Maxis money laundering case: Delhi HC stays trial court proceedings against P Chidambaram | Details

India TV News  

Aircel-Maxis money laundering case: The Delhi High Court on Wednesday stayed the trial court proceedings against senior Congress leader P Chidambaram in the Aircel-Maxis money laundering case. Chidambaram through Senior Advocate N Hariharan assisted by advocates Arshdeep Singh Khurana And Akshat Gupta stated that trial Court Judge, in the Impugned order, erred in taking cognizance of the of the offence …

High Court pauses trial against P Chidambaram in Aircel-Maxis money laundering case
Trending News
4 months ago

High Court pauses trial against P Chidambaram in Aircel-Maxis money laundering case

India Today  

The Delhi High Court on Wednesday paused trial court proceedings against senior Congress leader P Chidambaram in the Aircel-Maxis money laundering case. The order came after the former Union Minister moved the High Court against a trial court's order taking cognisance of the ED chargesheet against him and his son, Karti Chidambaram, in the Aircel-Maxis case. Senior Advocate N Hariharan, …

Someday You Must Find Out How Many PMLA Complaints Ended In Trial & Conviction: Supreme Court Tells ED
4 months ago

Someday You Must Find Out How Many PMLA Complaints Ended In Trial & Conviction: Supreme Court Tells ED

Live Law  

The Supreme Court on Monday once again expressed concerns about the low rate of convictions in the complaints filed under the Prevention of Money Laundering Act. Justice Abhay S Oka, heading a bench comprising Justice Ujjal Bhuyan, orally told the counsel of the Enforcement Directorate, "Someday you must find out how many cases of a complaint under PMLA have ended …

Disposing bails, money laundering cases: A look at DY Chandrachud's tenure as Chief Justice
4 months, 1 week ago

Disposing bails, money laundering cases: A look at DY Chandrachud's tenure as Chief Justice

India Today  

Outgoing Chief Justice of India DY Chandrachud's tenure from November 2022 to November 2024 has left a distinct imprint on the judiciary. His term saw a concentrated focus on issues of personal liberty, disposal of long-pending constitutional cases, and tackling economic offences, particularly under the Prevention of Money Laundering Act. The Supreme Court, during DY Chandrachud's tenure as Chief Justice, …

Money laundering: Four get bail after 1K days in jail
4 months, 1 week ago

Money laundering: Four get bail after 1K days in jail

New Indian Express  

CHENNAI: Four men facing trial in a money-laundering case arising out of an alleged Rs 1,137 crore cheating case were given bail by a CBI court in Chennai as they had faced incarceration for more than 1,000 days. In the October 29 order, principal judge for CBI cases T Malarvalantina cited the provision of Section 479 of BNSS which entitles …

High Court Rejects Plea to Grant Bail to Satyendar Jain's Aides in Money Laundering Case
4 months, 2 weeks ago

High Court Rejects Plea to Grant Bail to Satyendar Jain's Aides in Money Laundering Case

Hindustan Times  

Delhi high court grants bail to two aides of Satyendar Jain in the money laundering case. The court finds that the stringent Prevention of Money Laundering Act (PMLA), which imposes restrictions on bail, is not to be used as a 'tool for incarceration' and that the trial would not conclude in a reasonable time.

Requirement Of Expeditious Trial Must Be Read Into Special Statutes Imposing Stringent Bail Provisions : Supreme Court
5 months, 3 weeks ago

Requirement Of Expeditious Trial Must Be Read Into Special Statutes Imposing Stringent Bail Provisions : Supreme Court

Live Law  

The Supreme Court while granting bail to former Tamil Nadu Minister Senthil Balaji, held that higher thresholds for granting bail in stringent penal statutes like the PMLA, UAPA, and NDPS Act cannot be a tool to keep an accused incarcerated without trial. I t is a well settled principle of our criminal jurisprudence that “bail is the rule, and jail …

India should increase capacity of court system to reduce number of pending trials in money laundering cases: FATF report
6 months ago

India should increase capacity of court system to reduce number of pending trials in money laundering cases: FATF report

The Hindu  

India should aim to reduce the number of pending trials in money laundering cases by making major changes to increase the capacity of the court system, and potentially the capability of the Enforcement Directorate, as per the Financial Action Task Force mutual assessment report of India. Saturation of system The report said the limited number of specialised prosecutors in ED …

A wave of SC verdicts declaw PMLA’s stringent bail provision
6 months, 2 weeks ago

A wave of SC verdicts declaw PMLA’s stringent bail provision

The Hindu  

A wave of Supreme Court judgments has seen the declawing of a stringent bail provision under the Prevention of Money Laundering Act while emphasising that liberty is the rule while jail is an exception. Justice Viswanathan, while granting bail to Jharkhand Chief Minister Hemant Soren’s aide Prem Prakash bail under the PMLA, explained that Section 45 cannot be used to …

'Bail Is Rule, Jail Exception': Supreme Court On Money Laundering Cases
6 months, 2 weeks ago

'Bail Is Rule, Jail Exception': Supreme Court On Money Laundering Cases

News 18  

The general principle of law is that the ‘bail is rule and jail is exception’, the Supreme Court observed on Wednesday, adding, that the rule applies even to money laundering cases under the Prevention of Money Laundering Act. The court’s remark came while a bench of Justices BR Gavai and KV Viswanathan was hearing a case involving one Prem Prakash, …

Bail always the norm, even in money laundering cases: SC
6 months, 2 weeks ago

Bail always the norm, even in money laundering cases: SC

The Hindu  

The Supreme Court on Wednesday held that bail is the rule and jail is an exception even in money laundering cases. The judgment, authored by Justice Viswanathan, granted relief to Jharkhand Chief Minister Hemant Soren’s aide, Prem Prakash, in an illegal mining-related case registered by the Enforcement Directorate. The court held that Section 45 of the Prevention of Money Laundering …

Three more cases filed against Sheikh Hasina in Bangladesh's international crimes tribunal
6 months, 3 weeks ago

Three more cases filed against Sheikh Hasina in Bangladesh's international crimes tribunal

Hindustan Times  

Dhaka, At least three more cases were filed on Wednesday against Sheikh Hasina at Bangladesh's International Crimes Tribunal, accusing the deposed prime minister of committing crimes against humanity and genocide during the recent anti-quota protests in the country. Three more cases filed against Sheikh Hasina in Bangladesh's international crimes tribunal Two lawyers filed three separate complaints on behalf of the …

Top court to focus on cyber money laundering
7 months ago

Top court to focus on cyber money laundering

China Daily  

Chinese courts will step up efforts to combat money laundering, with a particular focus on crimes committed through virtual currencies, online game coins and other emerging digital platforms, officials from China's top court announced on Monday. "With the widespread use of internet technologies, the number of criminal cases involving money laundering is rapidly increasing, and the methods are becoming more …

Top court to focus on cyber money laundering
7 months ago

Top court to focus on cyber money laundering

China Daily  

Chinese courts will step up efforts to combat money laundering, with a particular focus on crimes committed through virtual currencies, online game coins and other emerging digital platforms, officials from China's top court announced on Monday. "With the widespread use of internet technologies, the number of criminal cases involving money laundering is rapidly increasing, and the methods are becoming more …

Madras High Court Grants Four More Months To Complete Trial In Money Laundering Case Against Former TN Minister Senthil Balaji
8 months, 3 weeks ago

Madras High Court Grants Four More Months To Complete Trial In Money Laundering Case Against Former TN Minister Senthil Balaji

Live Law  

The Madras High Court on Wednesday granted four more months to the Chennai Principal and Sessions Court to complete trial in the money laundering case initiated by the Enforcement Directorate against former Tamil Nadu Minister Senthil Balaji. In February this year, while dismissing the bail application of Balaji, Justice Anand Venkatesh had asked the trial court to complete the trial …

Senthilbalaji money laundering case: Madras High Court grants 4 more months for completion of trial
8 months, 3 weeks ago

Senthilbalaji money laundering case: Madras High Court grants 4 more months for completion of trial

The Hindu  

The Madras High Court on Wednesday, June 26, 2024, granted four more months for the Principal Sessions Court in Chennai to complete the trial in a money laundering case booked by the Directorate of Enforcement against former Minister V. Senthilbalaji. Justice G. Jayachandran granted the time since the Principal Sessions Judge S. Alli had expressed her inability to complete the …

Money laundering case: Delhi court grants bail to Unitech directors Sanjay, Ajay Chandra
9 months, 1 week ago

Money laundering case: Delhi court grants bail to Unitech directors Sanjay, Ajay Chandra

Hindustan Times  

New Delhi, A Delhi court on Friday granted bail to former Unitech directors Sanjay Chandra and Ajay Chandra in a money laundering case related to alleged cheating of several home buyers, saying the purpose of pre-trial detention can never be punitive. Money laundering case: Delhi court grants bail to Unitech directors Sanjay, Ajay Chandra According to the Enforcement Directorate, the …

Chinese Visa Scam: Delhi Court Grants Bail To Karti Chidambaram In Money Laundering Case
9 months, 1 week ago

Chinese Visa Scam: Delhi Court Grants Bail To Karti Chidambaram In Money Laundering Case

Live Law  

A Delhi Court on Thursday granted bail Congress leader Karti P Chidambaram in a money laundering case registered by Enforcement Directorate in connection with alleged Chinese vivas scam. The Enforcement Directorate had registered the money laundering case against Karti Chidambaram, S. Bhaskararaman and Vikas Makharia in the alleged scam concerning the issuance of visas to 263 Chinese nationals in the …

Money laundering case: Supreme Court denies bail to suspended Jharkhand cadre IAS officer Pooja Singhal
10 months, 2 weeks ago

Money laundering case: Supreme Court denies bail to suspended Jharkhand cadre IAS officer Pooja Singhal

India TV News  

Money laundering case: Supreme Court denies bail to suspended Jharkhand cadre IAS officer Pooja Singhal In a significant development, the Supreme Court has rejected the bail plea of suspended Jharkhand cadre IAS officer Pooja Singhal in connection with a money laundering case. The Supreme Court declined the plea of suspended Jharkhand cadre IAS officer Puja Singhal seeking bail in connection …

Delhi Court dismisses default bail plea of Unitech's former promoters
11 months ago

Delhi Court dismisses default bail plea of Unitech's former promoters

Hindustan Times  

A Delhi court has dismissed default bail pleas of Unitech's former promoters, Sanjay Chandra and Ajay Chandra, in a money laundering case relating to cheating of multiple homebuyers of several crore rupees. The Enforcement Directorate had recorded the case in 2018 based on over 60 FIRs registered against the accused for various offences, including cheating, criminal conspiracy, taking undue advantage …

Senthilbalaji case | Madras High Court refuses to stay money laundering trial proceedings
1 year ago

Senthilbalaji case | Madras High Court refuses to stay money laundering trial proceedings

The Hindu  

The Madras High Court on Wednesday, March 13, 2024, refused to grant an interim stay, for the present, restraining the Chennai Principal Sessions Court from proceeding with the trial in a money laundering case being investigated by the Directorate of Enforcement against former T.N. Ramesh and Sunder Mohan told Senior Counsel Mukul Rohatgi and S. Prabakaran that the plea for …

Vulnerable to criticism: On the ED and a possible violation of federal principles
1 year ago

Vulnerable to criticism: On the ED and a possible violation of federal principles

The Hindu  

The structure of the law against money laundering is bound to throw up perplexing questions about the possible violation of federal principles. One such question has arisen in Tamil Nadu, where the Enforcement Directorate is trying to find out whether illegal sand mining in the State is due to corruption and if the “proceeds” are being laundered. In ruling that …

Delhi court rejects bail plea of Sharjeel Imam in sedition case
1 year, 1 month ago

Delhi court rejects bail plea of Sharjeel Imam in sedition case

Hindustan Times  

New Delhi: A Delhi court on Saturday denied statutory bail to Sharjeel Imam in a sedition case filed against him for allegedly giving inflammatory speeches at various places in Delhi, including at Delhi’s Jamia area and Aligarh Muslim University, during the anti-CAA protests in 2019-2020. Sharjeel Imam was arrested in January 2020 Imam had moved the court under section 436A …

Senthilbalaji case | ED urges Madras High Court to order speedy trial, instead of granting bail
1 year, 1 month ago

Senthilbalaji case | ED urges Madras High Court to order speedy trial, instead of granting bail

The Hindu  

The Directorate of Enforcement has accused former Minister V. Senthilbalaji of intentionally stalling the commencement of trial in a money laundering case and urged the Madras High Court to order speedy trial instead of accepting his plea to grant bail until the completion of trial. ‘Comprise formula criticised by SC’ The ED also highlighted that the Supreme Court, High Court …

PMLA court refuses bail to IRS officer Sachin Sawant
1 year, 1 month ago

PMLA court refuses bail to IRS officer Sachin Sawant

Hindustan Times  

MUMBAI: A special PMLA court on Saturday rejected the bail plea of former Joint Commissioner of Customs, Indian Revenue Service officer Sachin Sawant, accused of amassing assets disproportionate to his known sources of income. HT Image Enforcement Directorate has claimed that Sawant generated around ₹4.11 crore from illegal sources of income and amassed assets worth ₹2.45 crore that are disproportionate …

Supreme Court Annual Digest 2023- Prevention of Money Laundering Act (PMLA), 2002
1 year, 1 month ago

Supreme Court Annual Digest 2023- Prevention of Money Laundering Act (PMLA), 2002

Live Law  

Prevention of Money Laundering Act – Section 3 – Registration of ECIR – Effect of delay – Information about all complaints, the nature of the complaints, and the amount of money allegedly collected towards illegal gratification had all come into the public domain – Once a piece of information relating to the acquisition of a huge amount of illegal gratification …

Karti Chidambaram appears before ED in Chinese visa money laundering case
1 year, 2 months ago

Karti Chidambaram appears before ED in Chinese visa money laundering case

The Hindu  

Congress MP Karti Chidambaram appeared before the Enforcement Directorate on Tuesday, January 2, 2024, for a fresh round of questioning in a money laundering case linked to issuance of visas to some Chinese nationals in 2011, official sources said. The 52-year-old legislator from Sivaganga Lok Sabha seat in Tamil Nadu was questioned in this case on December 23 last year …

Delhi court releases Vivo employees accused of money laundering, dubs their arrest 'illegal and void'
1 year, 2 months ago

Delhi court releases Vivo employees accused of money laundering, dubs their arrest 'illegal and void'

Op India  

On Saturday, a Delhi court ordered the release of 3 employees of Chinese smartphone manufacturer Vivo, who were arrested by the Enforcement Directorate in connection to a money laundering case. As per reports, the three arrested individuals include Vivo India’s Chief Executive Officer Hong Xuquan, Chief Financial Officer Harinder Dahiya and consultant Hemant Munjal. #WATCH | Vivo money laundering case …

Already Undergone Minimum Sentence In Prison Without Trial: PMLA Court Grants Bail To Yes Bank Founder Rana Kapoor
1 year, 2 months ago

Already Undergone Minimum Sentence In Prison Without Trial: PMLA Court Grants Bail To Yes Bank Founder Rana Kapoor

Live Law  

A Special Court under the Prevention of Money Laundering Act has granted bail to Yes Bank founder Rana Kapoor invoking section 436A of the Criminal Procedure Code – which talks about an under-trial having undergone half of the maximum imprisonment possible. Special PMLA judge M G Deshpande, while granting bail to Kapoor, observed, “Till date the applicant has undergone custody …

Delhi Riots: Court Rejects Tahir Hussain's Plea Seeking Stay On PMLA Proceedings Till Framing Of Charges In UAPA Case
1 year, 3 months ago

Delhi Riots: Court Rejects Tahir Hussain's Plea Seeking Stay On PMLA Proceedings Till Framing Of Charges In UAPA Case

Live Law  

A Delhi Court on Friday rejected a plea moved by Aam Aadmi Party Councillor Tahir Hussain seeking stay on the proceedings in a money laundering case registered against him in relation to the 2020 riots, till the framing of charges in the UAPA case alleging larger conspiracy in the violence. Additional Sessions Judge Amitabh Rawat dismissed Hussain's plea and said …

Discover Related