PMLA News

India: Validity Of Writ Under Article 226 Of The Constitution Of India, When Alternate Efficacious Remedy Is ...

India: Validity Of Writ Under Article 226 Of The Constitution Of India, When Alternate Efficacious Remedy Is ...

In the case of Barik Biswas vs Union of India & Ors., the Accused was found with gold over 44.65 K.G. in his car by the officers of Directorate of Revenue Intelligence (for short "DRI"), which was seized by DRI officials. A case was registered under ...and more »

ED arrests businessman in PMLA case against lawyer Rohit Tandon

ED arrests businessman in PMLA case against lawyer Rohit Tandon

They said Mittal was arrested under the Prevention of Money Laundering Act (PMLA). He will be produced before a competent court today for further custody, they said. The agency, on May 30, had also conducted raids on the premises of Mittal and an ...

PMLA case: Court sends businessman to 14-day judicial custody

PMLA case: Court sends businessman to 14-day judicial custody

“Yogesh Mittal tried to frustrate the PMLA investigations by asking the suspected account holders of Bank of Baroda to run away thereby making a deliberate effort to frustrate the investigations,” the agency submitted. The court remanded him to ...

India: Release Of Property Attached Under PMLA: Where Proceeds Of Crime Is Not Established In Trial

India: Release Of Property Attached Under PMLA: Where Proceeds Of Crime Is Not Established In Trial

In the matter of P. Vijayalakshmi Vs. The Deputy Director Enforcement Directorate Bangalore, the issue before the PMLA Appellate Tribunal was Whether a property shall be attached as proceeds of crime if the scheduled offences under which one is charged ...

ED files charge sheet against Mallya, others in KFA-IDBI PMLA case

ED files charge sheet against Mallya, others in KFA-IDBI PMLA case

Wednesday's development comes close on the heels of Mr. Mallya being sighted at a cricket match in London, while he remains a wanted accused in India for financial misdemeanours. He has been officially declared an absconder by ED, and a plea made by ...

Submit Aadhaar, Else You Can't Operate Bank Accounts. Deadline Announced

Submit Aadhaar, Else You Can't Operate Bank Accounts. Deadline Announced

Existing bank account holders have been asked to furnish the Aadhaar number issued by the Unique Identification Authority of India (UIDAI) by December 31, 2017, failing which the account will cease to be operational, according to a revenue department ...

Hafiz Saeed, members of Hurriyat Conference, Hizb-ul-Mujahideen, LeT booked by ED under PMLA

Hafiz Saeed, members of Hurriyat Conference, Hizb-ul-Mujahideen, LeT booked by ED under PMLA

... Delhi, June 23: The Enforcement Directorate (ED) on Friday registered a case against Lashkar-e-Taiba chief Hafiz Saeed and members of Hurriyat Conference, Hizb-ul-Mujahideen and Dukhtaran-e-Millat under Prevention of Money Laundering Act (PMLA).

ED attaches 50 kg gold ingots, bars in Sekhar Reddy PMLA case

ED attaches 50 kg gold ingots, bars in Sekhar Reddy PMLA case

The central probe agency said it has issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA), attaching the gold it had recovered after searches in this case. The total value of the attached gold, weighing 49.48 kg, is ...

Manesar land PMLA case: ED raids premises of senior IAS officer in Union Labour ministry, others

Manesar land PMLA case: ED raids premises of senior IAS officer in Union Labour ministry, others

Arora, a 1987-batch Haryana cadre Indian Administrative Service (IAS) officer, has served as the Managing Director of the Haryana State Industrial and Infrastructure Development Corporation Limited (HSIIDC) between 2005-2011. At present, he is serving ...

Mandatory Aadhaar and Bank Accounts: How Much of This Is Legal?

Mandatory Aadhaar and Bank Accounts: How Much of This Is Legal?

The operative words here are “receipt of a subsidy, benefit or service” where money is either appropriated or deposited in “the Consolidated Fund of India” which is basically the government's most important account where revenue is deposited and from ...and more »