Rs 2,566-crore properties of Mehul Choksi up for sale
An order by a PMLA court in Mumbai has paved the way for auctioning of Rs 2,566-crore worth of properties...
Enforcement Directorate
ED raids on Shilpi Cable promoters’ premises
Directorate of Enforcement (ED), Delhi Zonal Office, conducted search operations on 04 December 2024 at 18 locations in Delhi, NCR...
ED conducts search operations against Kwality Ltd promoters for ₹1,400 crore bank fraud
The Directorate of Enforcement (ED), Delhi Zonal Office, conducted extensive search operations on November 27, 2024, at 15 locations in...
ED attaches Rs 5,115-cr assets of Amtek Auto group
Directorate of Enforcement (ED), Gurugram Zonal Office, has provisionally attached movable and immovable properties valuing Rs 5,115.31 crore of Amtek...
ED conducts raids at Bharat Papers premises across three states
The Enforcement Directorate (ED) has conducted search operations on 31December 2024 at 10 locations spread over Jammu & Kashmir, Punjab...
SBI removes fraud tag from Religare Finvest after high court order
In a significant development, the State Bank of India (SBI), one of the lenders of Religare Finvest Limited (RFL), has...
ED raids premises of Opto Circuits in Rs 883-crore bank fraud case
Directorate of Enforcement (ED) has carried out search operations on 17 October 2023 under the provisions of the Prevention of...
ED arrests Jet Airways founder Naresh Goyal in Rs 538-cr fraud case
Naresh Goyal, the founder of Jet Airways, was arrested on Friday in connection with an alleged bank fraud of Rs...
PSU banks recover another Rs 792 crore from Vijay Mallya
Public Sector Banks defrauded by ‘fugitive’ businessmen Vijay Mallya, Nirav Modi and Mehul Choksi continue to recover a part of...
No conflict between insolvency and anti-money laundering laws, says NCLAT
There is no conflict between Prevention of Money Laundering Act (PMLA) and Insolvency and Bankruptcy Code (IBC), and even if...