The case is linked to an alleged fraud of over Rs 512 crore in a Panvel-based cooperative bank.
The court will now decide whether to accept the report or direct the agency to continue the investigation and file a chargesheet.
Shah and Javalgekar were arrested on May 7.
Court cases, investigations, dwindling sales and fall in market capitalisation could make recovery a tough challenge.
The Mumbai police have registered an FIR against former city Bharatiya Janata Party youth wing president Mohit Kamboj and two others on charges of cheating, an official said on Wednesday.
A key accused in the infamous PMC bank scam of Maharashtra was caught in Bihar while trying to sneak into Nepal, an immigration official said here on Thursday.
A man allegedly forged a letter in the name of External Affairs Minister Salman Khurshid and presented it before the consul general of Saudi Arabia to procure a visa to visit Mecca and Medina, police said on Tuesday.
Two days after Mumbai Police attached his properties, Jignesh Shah, director of the beleaguered National Spot Exchange Ltd, on Thursday told investigators that he was making "relentless" efforts to recover money from defaulters.
The EOW stated in its closure report that it did not see any criminality or wrongdoing in the matter, adding that the bank in question did not suffer any losses in the process of sanctioning loans or selling the Jarandeshwar Sugar Mill.
Mumbai police chargesheets billionaire-builder Chandru Raheja for cheating, breach of trust; Rahejas call it pressure tactic, say Wadia plea was thrown out by Supreme Court
Sandeep Raut has been asked to depose before the central agency at its office in Mumbai next week, they said, adding his statement will be recorded under the Prevention of Money Laundering Act.
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.
The accused were allegedly complicit in causing losses to the tune of Rs 1,000 crore to MSCB between 2007 and 2011.
The former BCCI chief is being questioned about alleged misappropriation of funds from the 1996 cricket World Cup account.
The Economic Offences Wing has alleged that the former BCCI president diverted funds from a bank account in Kolkata meant for paying legal fees towards various other expenses.
Actor Jacqueline Fernandez on Monday arrived at the Patiala House court in the national capital in connection with the Rs 200 crores money laundering case involving alleged conman Sukesh Chandrashekhar.
The Economic Offences Wing of Mumbai Police interrogated two employees of the former BCCI chief in Kolkata.
A total of 161.30 acres of land, plant, machinery and building of the Kannad Sahakari Sakhar Karkhana Limited (Kannad SSK) located in Kannad village of Aurangabad district has been provisionally attached under the Prevention of Money Laundering Act (PMLA), the ED said in a statement.
Suspected bookie Shobhan Mehta alias Shobhan Kalachowkie is facing allegations of misusing telephone lines of MTNL to indulge in cricket betting.
Granting bail to Gawli, the court observed that while police must ensure that the interests of the public are protected, they needed to be sure of what their jurisdiction was.
Jagmohan Dalmiya, Kishore Rungta and Jyoti Bajpai were questioned in connection with the alleged misappropriation of funds from the 1996 World Cup account.
The Mumbai high court on Friday ordered CBI to probe the complaint filed by Tata Finance Ltd against its former managing director Dilip Pendse for allegedly cheating the company to the tune of Rs 400 crore.
The Economic Offences Wing of the city police arrested Gawli, the president of the Akhil Bharatiya Sena.
A bench comprising Chief Justice S A Bobe and justices B R Gavai and Surya Kant took note of the submissions of solicitor general Tushar Mehta that the high court order, to the extent of allowing their release from prison, needed to be stayed.
Delhi Police have launched an investigation to identify the properties and bank accounts of former Tata Finance Ltd managing director D S Pendse who has been arrested for alleged "misappropriation
Industrialist and art dealer Guru Swarup Srivastava was today remanded to police custody till May 21 by a local court for allegedly forging documents.
He is the fourth leader of the Sharad Pawar-led Nationalist Congress Party, which is ruling in alliance with the Shiv Sena and Congress in Maharashtra, to face the heat from the central agency.
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.
The Enforcement Directorate on Friday searched premises of Baramati Agro, a company owned by MLA Rohit Pawar, grand nephew of NCP supremo Sharad Pawar, and linked entities as part of a money laundering probe into the alleged Maharashtra State Cooperative Bank scam, official sources said.
The case pertains to an alleged scam in the Sahakari Sakhar Kharkhana (co-operative sugar factories) and Sahakari Soot Girnis.
The Thackerays sought dismissal of the PIL on the ground that it was filed on assumptions and without any factual foundation.
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The land parcel is located in South Mumbai's Tardeo neighbourhood and has a total area of 4,300 square metres (46,268 sq ft).
The ED wants to question Varsha Raut with regard to "receipt" of some funds that were allegedly siphoned from the bank, official sources claimed.
Emerging out of the ED grilling in Mumbai, Rohit Pawar denied any wrongdoing and asserted struggle was imminent in fight for ideology while declaring he wasn't scared.
The ED carried out searches against two former auditor firms of IL&FS -- BSR and Associates and Deloitte Haskins and Sells -- on Wednesday in connection with its money-laundering probe into alleged financial irregularities at the infrastructure development and finance company, official sources said. The premises linked to the two auditors in Mumbai were searched under the provisions of the Prevention of Money Laundering Act (PMLA), they added. The action came a week after the Supreme Court set aside a Bombay High Court verdict that quashed an SFIO probe against the two companies, both former auditors of IL&FS Financial Services, paving the way for action against them under the Companies Act and allowing the National Company Law Tribunal (NCLT) to take forward its enquiry against them.
Chandole was arrested by the ED on late Wednesday night under the Prevention of Money Laundering Act (PMLA) in a case against a security service provider company and others.
A lookout notice has been issued against industrialist Yash Birla in connection with a cheating case registered against his firm Birla Power Solutions, police said.
Nirmala Sitharaman said in Lok Sabha that in case of medical emergencies, marriages and other crisis situations, a depositor of the Maharashtra-based PMC Bank can withdraw up to Rs 1 lakh by invoking the 'hardship provisions' of the RBI.
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