Allegations of a particular market player being favoured over others were flying thick and fast in the early days of the scam.
Somaiya had on Sunday claimed he was barred from entering Kolhapur with the district authorities citing law and order as well as security concerns following his allegations of corruption against Maharashtra Rural Development Minister Hasan Mushrif.
The accused were allegedly complicit in causing losses to the tune of Rs 1,000 crore to MSCB between 2007 and 2011.
One incident should not be used to generalise the health of all cooperative banks, says RBI governor Shaktikanta Das.
Investors and EOW waded through a maze of legal obstacles to get their hands on the 'kingpin'.
Jignesh Shah, the promoter of National Spot Exchange Ltd (NSEL), and its former CEO Anjani Sinha on Friday traded charges in connection with the multi-crore payment crisis at the crippled bourse which has affected over 13,000 investors.
NSEL scam: Brokers of IIFL, Anand Rathi, Geojit arrested.
PMC Bank depositors have spent the last one year holding protests, meeting politicians, writing to various authorities in an effort to get their hard-earned money back.
The Reserve Bank of India has imposed a monetary penalty of Rs 1 crore on Dhanlaxmi Bank Ltd for violation of its instructions.
The Calcutta high court on Friday took up Jagmohan Dalmiya's perjury case against the Board of Control for Cricket in India and its president Sharad Pawar for allegedly producing false documents before it. Justice Nadira Patheriya directed that the matter be heard on April 18.
Goa Cricket Association president Chetan Dessai, secretary Vinod Phadke and treasurer Akbar Mulla were today arrested by police for alleged misappropriation of over Rs three crore belonging to the organisation.
A delegation of account-holders went to Sion police station in central Mumbai and submitted the complaint against officials of the bank on which the RBI has imposed operational restrictions. The delegation in its complaint alleged that at least 14 people, including the PMC Bank's chairman and all its directors, were involved in misappropriation of funds of the account-holders.
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Quoting the FIR registered on the basis of a complaint, the Economic Offences Wing of Mumbai said accused Nailesh Mehta of Dev Developers in Andheri pretended himself as the partner of Zoomi Construction Company by preparing fake documents and acquired the latter's rightful TDR from the Slum Rehabilitation Authority.
The Twitter handles of Rahul Gandhi and the Congress which were recently hacked were operated from five countries including the United States, Delhi Police said on Wednesday.
The court, later in the day, allowed his application.
The former BCCI chief appeared before the Economic Offences Wing of the Mumbai police
The former BCCI chief is being questioned about alleged misappropriation of funds from the 1996 cricket World Cup account.
Sushant Kumar Dass and Lalit Patodi were arrested on charges of facilitating Telgi's dealings in fake stamp papers in Delhi by opening bank accounts in fictitious names, Deputy Commissioner of Police (Economic Offences Wing) Dinesh Bhatt said.
Sudhir Sachdeva, who runs a number of coaching institutes across Delhi, came armed with an anticipatory bail from the Orissa high court.
Sunanda, who was not married to Tharoor then, had refuted allegations of any wrongdoing.
Initially, it was suspected that the question papers were genuine. But CBSE officials, on inspection, found that the papers were fake.
The sessions court on Thursday extended the police custody of the Financial Technologies and Multi Commodities Exchange (MCX) promoter Jignesh Shah and former managing director and chief executive of the commodity exchange Shreekant Javalgekar till May 19.
Crisis-hit National Spot Exchange Ltd (NSEL) on Tuesday failed to pay investors any of the Rs 174.72 crore (Rs 1.74 billion) installment due to them, defaulting for the 13th straight time.
Crisis-ridden bourse NSEL defaulted for the 12th straight time today as it could pay only Rs 11 crore to investors against a scheduled payment amount of Rs 174.72 crore (Rs 1.74 billion).
Crisis-ridden bourse NSEL defaulted for the 11th straight time on Tuesday as it could pay only Rs 29 crore to investors against a scheduled payment amount of Rs 174.72 crore.
The Madhya Pradesh Special Police Establishment (also known as Lokayukta) is exempted under Section 24 of the RTI Act as per directions of the state government, it said in a reply to an RTI query.
A bench of Justices Arun Mishra and U U Lalit said, if home buyers are not ready to pay their outstanding amount, then the court will have to bundle up the projects.
On July 23, the apex court had cracked its whip on errant builders for breaching the trust reposed by homebuyers and ordered cancellation of the registration of Amrapali Group under the real estate law RERA, and ousted it from its prime properties in the NCR by nixing the land leases.
Surjewala alleged that Mehta and his family were allowed to leave India even when there were complaints pending against him with the CBI.
The latest attachment order was issued by the central probe agency against Ms PD Agroprocessors Pvt Ltd, one the defaulters at the bourse.
The court also questioned how Amrapali Group could mortgage the entire projects and secure loan worth thousands of crores of rupees from banks when it was only an agent to develop the property.
Economic Offences wing of Mumbai Police, which is probing the case, told the court that the investigating agency intended to file chargesheet against Shah and others on or before August 4.
Shah is likely to be released later on Friday evening or Saturday after completing the formalities.
They have been booked under IPC sections 323 (punishment for voluntarily causing hurt), 341 (punishment for wrongful restraint) and 34 (acts done by several persons in furtherance of common intention), said a senior police officer.
The Income Tax department has declined to share details of probe being carried out in Rs 5,600 crore (Rs 56 billion) payment default by National Spot Exchange Limited (NSEL) saying it would "hamper the process of investigation or apprehension of offenders".
Investigation to be over by weekend, Mumbai police EOW to lodge FIR thereafter.
Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.
The Tamil chief minister suffered a heart attack on Sunday evening.
If at all it was some great strategy, the delay has only helped the person they eventually arrested.
I-T dept investigating black money angle; FM hints against bailout for bourse's investors.
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