Under Section 83 of the CrPC, ED may seek attachment of more of his property.
Judge Andrew Henshaw refused to overturn a worldwide order freezing Mallya's assets and upheld an Indian court's ruling that a consortium of 13 Indian banks were entitled to recover funds amounting to nearly $1.55 billion.
Among the assets in question include the Force India and Indian Empress super-yacht - which was fitted with an Elton John piano around 2015, a fleet of high-value cars and some artwork from Mallya's Ladywalk property in the English village of Tewin in Hertfordshire.
It said the ransomware called 'WannaCry' or 'WannaCrypt' encrypts the computer's hard disk drive and then spreads laterally between computers on the same LAN.
More than 20 days after it was submitted by the United Nations, the United States continues to review the visa application of Indian diplomat Devyani Khobragade, which would give her full diplomatic immunity.
To send a notice under money laundering law.
It will provide an effective method to prevent identity fraud, the MHA said.
The Enforcement Directorate had asked for financial details from both public and private sector banks and a part of these details were submitted last week
The proposals have been made after extensive consultations with top officials from Sebi, finance ministry, RBI, IRDA and large market intermediaries
'The COVID-19 pandemic must push the military into a long-term reconsideration of its primary challenges.' 'There must be greater emphasis on humanitarian aid and disaster relief including the management of contagious illnesses and impending crises caused by climate change,' notes Ajai Shukla.
Modi, 46, who had figured in the Forbes' list of richest Indians, has been named in the cheating case on a complaint from the PNB, which alleged that the jewellery firm owner, his brother, wife and Choksi entered into a criminal conspiracy with the officials of the bank and cheated it, causing a "wrongful loss".
Opposition on Tuesday claimed that Prime Minister Narendra Modi has signalled to Finance Minister Arun Jaitley to quit in the wake of DDCA row.
'Our confidence has been strengthened by the fact that the Supreme Court has decided to examine the Constitutional validity of all that has been done on August 5.' 'That in itself is an achievement because the Supreme Court could have very well said you don't have a case at all.' 'The very fact that the honourable court has decided to admit it for regular hearing, and refer it to a Constitutional bench, tells us that the Supreme Court has found merit in our case.'
The Enforcement Directorate on Sunday conducted searches in various Uttar Pradesh cities after it registered a money laundering case to probe the alleged Rs 3,700 ponzi scam case perpetrated by seeking fake social media 'likes' from lakhs of gullible investors by a Noida based firm.
S Jaishankar, the new Indian Ambassador to the US, will arrive in Washington on Tuesday to take charge amid a raging diplomatic row over the arrest and strip-search of senior diplomat Devyani Khobragade on visa fraud charges.
'On Saturday, I drove my wife over to Beverly Hills for sushi.' 'Two blocks before Rodeo, we turned the car around, because we saw hundreds driving pickup trucks and marching down sidewalks, yelling, donning MAGA gear, and waving huge Trump flags.' I tell you... It was scary.' 'And this didn't look like a defeated throng.' 'These folks looked like they knew something we didn't,' notes Rajiv Satyal, the Los Angeles-based comedian and host.
Why doesn't anybody ask the PSU State Bank of India under RTI on how much they are spending on legal fees trying to recover money from me in the UK when I have offered 100 per cent payback in India, asked Mallya.
The aggrieved investors of National Spot Exchange (NSEL) have moved the Securities and Exchange Board of India (Sebi) against Financial Technologies (FTIL), the listed promoter.
The Rs 11,400 crore PNB fraud saga unfolded after a bribery complaint by the Hong Kong branch of an Indian bank.
Sebi has also been asked to put in place a mechanism to monitor the beneficial owner of P-notes
'Put the assets of PMC Bank and the personal assets of the HDIL promoters and head of PMC Bank in an escrow account and ring-fence it from the ad hoc action of the revenue departments and creditors,' recommends Debashis Basu.
Cos ask US treasury to discuss data localisation norms with Indian officials at all platforms the two countries would meet, including G-20, US-India Strategic Dialogue, and IMF Annual Meet.
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The CBI has recently filed a chargesheet in a court in Kolkata.
'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'
Mallya is understood to be in the UK after he left India on March 2.
Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, writes Tamal Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, says Tamal Bandyopadhyay.
The agency is also investigating the overall financial structure of Kingfisher Airlines.
The United States has said that in-person registration of domestic workers of foreign diplomats would be mandatory, an apparent fallout of the arrest of Indian diplomat Devyani Khobragade over alleged misrepresentation of the salary paid to her maid.
'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
The RBI on April 6 directed all payments service providers to make sure "that the entire data relating to payment systems operated by them are stored in a system only in India."
Enforcement Directorate to approach court to attach industrialist's properties worth Rs 4,000 crore
An official request has been made to the CBI to get a notice issued through its Interpol wing
The assets mentioned in the Sebi order are already in possession of the ED for violation of an anti-money laundering law by Mallya and PMLA overrides all other laws, providing ED first right over the assets.
The no-confidence motion against the government could not be introduced amid the din in the Lok Sabha.
The Rs 5,600-crore (Rs 56 billion) NSEL scam could have been averted had its top management and other functionaries "performed their duties and exercised due diligence" to check the dubious activities of defaulting firms which have been alleged to have cheated numerous investors, investigation by Enforcement Directorate (ED) has revealed.
It will allow more transparency in policies and flexibility in premium payment, besides improving processing of claims.
Indian diplomat Devyani Khobragade's status as a "Special Advisor" to the UN entitled her to diplomatic immunity from prosecution at the time of her arrest last year on visa fraud charges, according to a letter from the United Nations.
Crypto-assets are essential to blockchain technology, which has the potential to be one of the next major growth drivers for the software ecosystem in India. A prohibition would nip this opportunity in the bud, say Vaibhav Parikh and Jaideep Reddy.
In a major crackdown on domestic shell companies, the government on Friday decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes.
The agency on Friday also carried out searches on the premises of the Gitanjali Group at 20 places in Mumbai, Pune, Surat, Jaipur, Hyderabad and Coimbatore.
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