Source:-ndtv New Delhi: The Supreme Court on Thursday stayed a Bombay High Court order granting bail to former DHFL promoters, Kapil Wadhawan and Dheeraj Wadhawan, in the Yes Bank money laundering case being probed by the Enforcement Directorate (ED).The top court issued notice to the accused on the plea of the Enforcement Directorate against the
Source – hindustantimes.com The Delhi high court on Wednesday granted bail to the Congress’s Karnataka leader, DK Shivakumar, ruling out chances of him tampering with the evidence in a case of money laundering brought by the Enforcement Directorate (ED). Shivakumar, 57, who was arrested by the ED on September 3 and was released from Tihar
Source: indiatoday.in Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath, on Thursday approached the Delhi High Court seeking a copy of his statements recorded by the Enforcement Directorate under the Prevention of Money Laundering Act (PMLA). He is an accused in a money laundering case related to the AgustaWestland chopper scam. Puri challenged
Source:- news18.com. New Delhi: The Delhi High Court has held that the money laundering law, PMLA, prevails over the Bankruptcy Act and insolvency code when it comes to attachment of properties obtained as “proceeds of crime”. The court said the Prevention of Money Laundering Act (PMLA), Recovery of Debt and Bankruptcy Act (RDBA), Securitisation and Reconstruction of
