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 …
The National Company Law Tribunal Kolkata, comprising Smt. Bidisha Banerjee, and Shri D. Arvind held that the Provisional Attachment Order under PMLA will not bar the admission of Corporate Insolvency Resolution Process proceedings against the Corporate Debtor under the Insolvency and Bankruptcy Code, 2016. NCLT Verdict: The NCLT Kolkata allowed the CIRP application and held that the Provisional Attachment Order …
The Supreme Court last week refused to entertain Amnesty International India's petition challenging the Enforcement Directorate's attachment of its bank accounts, in view of the fact that the PMLA Adjudicating Authority passed a provisional attachment order on October 7, 2022.Reserving the right of Amnesty to challenge the provisional attachment order, the Court dismissed the Special. The Supreme Court last week …
The Supreme Court, on Wednesday, held that in the period between the confirmation of provisional attachment under Section 8 of the Prevention of Money Laundering Act, 2002 and the passing of the formal order of confiscation, the person interested in the such immovable property cannot be refrained from enjoying the attached property, in terms similar to that provided in Section …
