This follows an investigation into alleged violations of foreign exchange rules involving foreign direct investment of Rs 85 crore and Rs 140 crore by JP Morgan India and Amrapali Group firms.
The victims were duped of of their retirement savings ranging between $ 1,180 and $ 174,300, the Department of Justice said on Monday.
Armed with court order, a consortium of lenders led by SBI can now sell certain real estate properties and securities belonging to fugitive Vijay Mallya to recover loans turned bad with failure of Kingfisher Airlines. A consortium of 11 banks that gave Mallya loans, led by State Bank of India (SBI), had approached a special Prevention of Money Laundering Act (PMLA) court seeking restoration of his properties seized by the Enforcement Directorate. The special PMLA court in Mumbai on Tuesday allowed the restoration of properties worth Rs 5,646.54 crore to banks.
The BJP calling the Congress a "torn old party" moving towards a stage where its relevance and necessity will be completely lost.
There is a two-minute footage about Choksi in the series which allegedly shows him in a bad light and therefore, could affect the various proceedings against him in India.
The court also directed police to submit for its perusal investigation papers pertaining to the case in a sealed cover by November 5 when it would hear the matter. The court was hearing a petition filed by ARG Outlier Media Pvt Ltd, which owns Republic TV, and Goswami seeking to quash the first information report lodged on October 6.
The SC will hear the plea by Mumbai's former Police Commissioner Param Bir Singh seeking direction for immediate 'impartial and fair' CBI probe into alleged corrupt malpractices of Maharashtra Home Minister Anil Deshmukh.
On his 90th birth anniversary, Sukanya Verma lists 20 of her favourite scenes that reiterate his extraordinary grasp on the language of cinema and connect with the viewer.
There are all sorts of genres on OTT, ready to cater to all of one's moods.
'Prime facie "suggest any wrong doing" by the Mumbai Police, but its "obstruction" to the Bihar Police team could have been avoided as it gave rise to suspicion
The truth is more than what is being shown to the naked eye, said the court.
The Enforcement Directorate has alleged that this is a bigger bank scam in volume than that of the Punjab National Bank fraud by fugitive diamantaires Nirav Modi and Mehul Choksi, as it involves fraud to the tune of about Rs 16,000 crore.
Gulshan Kumar, also known as the 'Cassette king', was shot dead in August 1997 outside a temple in suburban Andheri.
This Mohanlal suspense drama may well go down as yet another modern day classic, raves Joginder Tuteja.
Court had earlier said that ED should find out if the money allegedly amassed by Khan is proceeds of crime.
Tejpal, former Tehelka editor-in-chief, was accused of sexually assaulting the colleague inside the elevator of a luxury hotel in Goa in 2013.
Observing that the Bengal governments progress in matters related to post-poll violence did not inspire confidence, the Calcutta high court on Monday dismissed the dispensation's prayer for recall of an order that directed the NHRC chairperson to form a committee to examine cases of alleged human rights violations.
The Delhi high court on Wednesday sought journalist Priya Ramani's stand on former Union minister M J Akbar's appeal against a trial court verdict in his criminal defamation case against her over sexual harassment allegations on the grounds that it was "based on surmises and conjecture".
The Singapore high court has put a freeze on deposits of $ 6.122 million following Enforcement Directorate's request on the ground that the money was "proceeds of crime" illegally siphoned off by Nirav Modi from the Punjab National Bank.
The notice, which acts as an international arrest warrant, states that Purvi Deepak Modi, 44, is required on charges of "money laundering".
"Justice must not only be done, but also be seen to be done," the Supreme Court observed on Wednesday while declining the Centre's plea to allow it to appoint an expert committee to probe the allegations of use of spyware Pegasus for surveillance of certain people in India.
Shiromani Akali Dal chief Sukhbir Singh Badal's bullet-proof car was damaged and four people were injured in a clash between Congress and Akali workers during the filing of nomination papers for the Jalalabad municipal polls in Fazilka on Tuesday, officials said.
Mumbai police commissioner Param Bir Singh told reporters that a national TV news channel, facing flak over its attack on Mumbai police and Maharashtra government in the Sushant Singh Rajput death case, was also involved in the TRP racket.
Most of the legal cases in the UK are switching to videolink and telephonic options where possible, with all new jury trials suspended amid the social distancing rules in place to combat the COVID-19 pandemic.
It said Naisar Kothari, a resident of Bhavnagar in Gujarat, was arrested under sections of the Prevention of Money Laundering Act (PMLA) and he has been sent to the ED custody till December 22 by a court.
The former Mumbai Commissioner of Police, a 1988 batch IPS officer also sought quashing of the order transferring him from the post of Mumbai CP alleging it to be "arbitrary" and "illegal".
District and Sessions Judge Dharmesh Sharma held that the objections of the complainant party read like an engrossing thrilling story but were based on mere surmises and conjectures.
Modi said his government is committed to ensuring probity among public servants.
"I want to peacefully meet the family members of the victims who had fallen to the bullets in the clash. I want to see the orders under which I have been stopped to meet them," Priyanka Gandhi said while sitting on the dharna .
Schemes among the six wound up by the fund house had given a loan of Rs 518 crore against non-convertible debentures to the firm in March 2019, according to ED's chargesheet.
The Delhi high court had on December 17 convicted Kumar and sentenced him to imprisonment for 'remainder of his natural life' in another 1984 anti-Sikh riots case.
The Enforcement Directorate has arrested the chairman and the managing director (MD) of Mumbai-based Omkar Realtors and Developers in connection with a money laundering case against them linked to the alleged loan fraud in Yes Bank, official sources said on Wednesday.
Michel, who was extradited from Dubai recently, was arrested by the Enforcement Directorate on December 22 and sent to a seven-day custody of the agency over money-laundering charges in the scam by a court.
The Financial Action Task Force (FATF) on Friday retained Pakistan on its 'grey list' for failing to check money laundering, leading to terror financing, and asked Islamabad to investigate and prosecute senior leaders and commanders of United Nations-designated terror groups, including Hafiz Saeed and Masood Azhar.
Donald Trump, on the verge of becoming the third United States president to be impeached, has attacked House Speaker Nancy Pelosi and accused the Democrats of an "unprecedented and unconstitutional" abuse of power as he described himself as a victim of an "illegal, partisan attempted coup."
The central probe agency is looking at Kundra's purported dealings with Ranjeet Bindra and a firm called Bastian Hospitality in connection with this case.
India and Indians can ignore Pakistan, but that cannot be said of other nations in the neighbourhood, where New Delhi's 'Neighbourhood First' policy constantly reverberates. Four of the eight SAARC member-nations are Muslim -- Afghanistan and Pakistan, Bangladesh and the Maldives. The rulers decide the nation's India or anti-India policy in the first two, and street-opinion contributes to the same in the latter two, points out N Sathiya Moorthy.
The Supreme Court Thursday termed as 'wholly unacceptable' the Madhya Pradesh high court order setting 'rakhi' tying as a condition of bail to an accused in a sexual offence case, saying it 'transforms a molester into a brother, by a judicial mandate'.
Westminster magistrates' court judge Nina Tempia confirmed that Modi's extradition trial is scheduled between May 11 and 15 next year and that he must re-appear via videolink every 28 days for "call-over hearings" until the case management for the trial kicks in from February next year.
The MHA said all the "glossy statements" about humanitarian work and speaking truth to power are nothing but a "ploy to divert attention" from their activities which were in clear contravention of laid down Indian laws.
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