Articles for Property Money

I thought giving my children an early inheritance would make our lives better… instead it's torn us all apart: SUSAN WAKEFORD
3 days, 16 hours ago

I thought giving my children an early inheritance would make our lives better… instead it's torn us all apart: SUSAN WAKEFORD

Daily Mail  

Do you feel a tinge of jealousy when you hear about people inheriting a sizeable sum of money? Mum set up a trust fund because she didn't want her lifetime's work to be hit by a hefty inheritance tax bill. Inheritance tax rules give a seven-year time frame, meaning if Mum died within seven years of setting up the fund, …

Trust Property Money Inheritance Set Husband Our Lives
Father kills 14-year-old son for skipping school and neglecting studies in Bengaluru: Report
1 month, 1 week ago

Father kills 14-year-old son for skipping school and neglecting studies in Bengaluru: Report

Hindustan Times  

The Bengaluru police have arrested a man for allegedly murdering his 14-year-old son, Tejas, reportedly over his refusal to attend school and study. As reported by Deccan Herald, the father was upset with Tejas for skipping school, neglecting his studies, and associating with what he deemed a "bad company." Murder over property money In another incident, a 44-year-woman was murdered …

Bengaluru Report Son Umesh Property Money
ED Reveals Shocking Revelations about Amanatullah Khan's Relief Efforts for Delhi Riots Victims
1 month, 3 weeks ago

ED Reveals Shocking Revelations about Amanatullah Khan's Relief Efforts for Delhi Riots Victims

Op India  

The Enforcement Directorate (ED) has revealed that Amanatullah Khan, a former AAP leader and chairman of the Delhi Waqf Board, siphoned money collected for Delhi Riot victims through the Waqf Board. Khan purchased a property in the name of his second wife, Maryam Siddique, and opened an unauthorized bank account to receive funds for the relief work. Investigations revealed irregularities …

Law Crime Controversial Political Delhi
Conflict Of Laws : PMLA v. SARFAESI Act
1 year, 8 months ago

Conflict Of Laws : PMLA v. SARFAESI Act

Live Law  

Conflict of laws is as old as the legal system itself. Ltd. & Ors., as under: “Therefore, in absence of any specific provision for priority of the dues under MSMED Act, if the submission on behalf of respondent No.1 for the dues under MSMED Act would prevail over the SARFAESI Act, then in that case, not only the object and …

Conflict Property Court Money Laundering Registrar Money Bank
Money Seized Not Mine, Says Partha Chatterjee; Claims ‘Conspirators to be Unmasked in Due Time’
2 years, 4 months ago

Money Seized Not Mine, Says Partha Chatterjee; Claims ‘Conspirators to be Unmasked in Due Time’

News 18  

Sacked West Bengal minister Partha Chatterjee, who is at the centre of a multicrore school job scam, claimed that the cash during raids by the Enforcement Directorate did not belong to him. The ED made fresh seizures of Rs 8 crore from the bank accounts of companies linked to Chatterjee’s close associate Arpita Mukherjee. On the fresh seizures, the ED …

Property Money Mukherjee Chatterjee Partha Partha Chatterjee
Money Laundering Offence Attracted By Mere Possession Of Crime Proceeds ; Projection As Untainted Property Not Required : SC Interprets "And" In Sec 3 PMLA As "Or"
2 years, 4 months ago

Money Laundering Offence Attracted By Mere Possession Of Crime Proceeds ; Projection As Untainted Property Not Required : SC Interprets "And" In Sec 3 PMLA As "Or"

Live Law  

By interpreting "and" in Section 3 of the Prevention of Money Laundering Act 2002 as "or", the Supreme Court held that mere possession or concealment of the proceeds of the crime is sufficient for the offence of money laundering and that it need not be projected as an untainted property. "Section 3 - Offence of money laundering - Whosoever directly …

Crime India Property Court Money Laundering Money Process
Property developer used banned cash card to gamble nearly $100 million, Sydney casino inquiry told
2 years, 8 months ago

Property developer used banned cash card to gamble nearly $100 million, Sydney casino inquiry told

ABC  

A property developer who was a high roller at Star casino spent nearly $100 million gambling on a prohibited Chinese debit card, an inquiry was told. Key points: A high roller frequently used the banned China Union Pay card for gambling Between 2007 and 2021, he lost about $57 million Casino staff were emailed in 2015 over the high roller …

China Inquiry Star Card Million Cup Lee
ED details Nawab Malik's links with Dawood Ibrahim, seeks 14-day custody
2 years, 10 months ago

ED details Nawab Malik's links with Dawood Ibrahim, seeks 14-day custody

Hindustan Times  

The Enforcement Directorate on Wednesday said Maharashtra minister Nawab Malik introduced fake tenants on properties bought with money belonging to fugitive gangster Dawood Ibrahim to decrease the registration value of such land. The federal agency arrested Malik, a senior leader of the Nationalist Congress Party, after grilling him for over seven hours in a money laundering case linked to the …

Money Laundering Ibrahim Nawab Malik Ed Malik
China pumps $188 billion into the economy to counter real estate slump
3 years ago

China pumps $188 billion into the economy to counter real estate slump

CNN  

Hong Kong CNN Business — China has decided it’s time to loosen its purse strings and pump money into the economy in a bid to stave off threats to the recovery. The decision — the second cut to that ratio this year — came on the same day China’s Politburo signaled that it may take more aggressive actions to protect …

Real Estate Economy China Hong Kong Politburo