First time violators will face a jail term of up to one year and a fine of Rs 1 lakh. For subsequent offences, a jail term of up to three years or a fine of Rs 5 lakh, or both according to the ordinance.
While you can land a very good bargain in an auction at times, you might need to deal with illegal occupants and dues on the property
As per the existing process of law under the PMLA, the ED could confiscate the assets only after the trial in a case finishes which usually takes many years.
The proclamation was issued by a special anti-money laundering court on June 14 under Section 82 of the Criminal Procedure Code
Deduction on home loan interest cannot be claimed when the house is under construction
The 'Indian story' will be badly damaged if the Modi government is not re-elected, argues investment banker Christopher Wood.
Dhirendra Pratap Singh allegedly shot dead Jai Prakash Pal Gama, 46, on Thursday following a quarrel over the allotment of ration shops at Durjanpur village in Ballia's Reoti area. Senior administration and police officials were present at the meeting when the incident took place.
The Enforcement Directorate is likely to book former IPL chairman Lalit Modi under the stringent Prevention of Money Laundering Act, which gives the Directorate the power to arrest and attach properties.
A special anti-money laundering court in New Delhi has attached assets worth over Rs 37.86 crore belonging to former Karnataka minister and mining baron Gali Janardhan Reddy and his wife in connection with an alleged multi-crore iron ore mining scam.
This is the first time that Gandhi has raised an issue in the 17th Lok Sabha
'If you talk about any kind of equality, you are under attack.'
Set to get powers like those enjoyed by a civil court; will be able to attach assets, file winding-up applications.
CBI sources said the agency had sought time from the minister's wife.
The Enforcement Directorate to take a "conclusive action" towards attachment of assets of those involved in coal scam.
The Enforcement Directorate on Friday arrested the CEO of a defaulting firm on money laundering charge in connection with its probe in the National Spot Exchange Limited scam case.
The Bill seeks to give Sebi sweeping powers like attachment of properties and launch of recovery proceedings.
Packed with groundbreaking technology, the Mars 2020 mission launched July 30, 2020, from Cape Canaveral Space Force Station in Florida. The Perseverance rover mission marks an ambitious first step in the effort to collect Mars samples and return them to Earth, according to an official statement.
Earlier on Tuesday, she surrendered before the Gaya court. An arrest warrant was issued by the Bihar government against her over liquor prohibition.
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.
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.
Officials said the notice was issued by the taxman in January this year after the special audit of AVL's income for the Assessment Year 2012-13.
The new powers are aimed at making Sebi more effective in protecting investor interest and helping it to better regulate the market.
Kishore Biyani-led Future Retail Ltd (FRL) on Thursday told the Delhi high court that Amazon was opposing the Rs 24,713 crore deal with Reliance as the Mukesh Ambani company was a competitor, a contention denied by the US-based e-commerce giant which said it was interested in salvaging FRL. FRL contended before a bench of Chief Justice D N Patel and Justice Jyoti Singh that Amazon was not concerned if the deal falls through then all the shops of the Indian company would be closed down and it's more than 25,000 employees would be without any livelihood. Senior advocate Harish Salve, appearing for FRL, told the court that the US-based e-commerce giant was only concerned that the Mukesh Ambani group company should not get the shops as they are a competitor of Amazon.
Refusing to divulge identity of the companies, sources indicated that three of them are based in Delhi and the remaining are in Maharashtra.
The crackdown on black money has led to seizing of Rs 3,963 crore of smuggled goods in two years.
Asked about the report, MEA spokesperson Anurag Srivastava said, "The political judgements of Freedom House are as inaccurate and distorted as their maps."
With the fresh arrest, all the nine persons named in the FIR have been sent to custody.
The Supreme Court on Friday asked Sahara and SEBI to formulate mechanism for securing payment of around Rs 19,000 crore (Rs 190 billion) of investors' money after the Subrata Roy-led group agreed to pledge it's immovable property as security but the market regulator questioned the sale deed and worth of the properties.
The Employees' Provident Fund Office in Chennai said it intends to attach the properties of the promoters of struggling retail chain Subhiksha to meet provident fund dues for around 4,500 employees in and around the city.
'No action will be taken against Ajit Pawar. I am sure.'
The Enforcement Directorate (ED) had also published in leading dailies the court-issued proclamation against Mallya for appearance before the special PMLA court.
The Enforcement Directorate on Tuesday arrested Financial Technologies India Limited founder Jignesh Shah in connection with its probe into the Rs 5,600-crore National Spot Exchange Limited money laundering scam.
By registering the fresh case, ED wants to strengthen its probe against the beleagured liquor baron and expedite a slew of actions it has initiated against him
Besides Mallya, his companies Kingfisher Airlines and United Breweries Holdings Limited have also been named as accused
Sources in Pakistan's Foreign Ministry said the government also has no plans to back the country's founder Mohammad Ali Jinnah's daughter Dina Wadia's efforts to gain possession of the building. The sources said, "Keeping aside the sentimental value of Muslims of the subcontinent, it is clear that the Jinnah House was the personal property of Quaid-i-Azam (Jinnah) and not of the Pakistan government".
The department of economic affairs is said to be in discussions with various probe agencies, including the income tax department and the Enforcement Directorate, and bankers in drafting the final rules.
The apex medical body, IMA demanded a comprehensive central law in dealing with violence on doctors and healthcare staff, and in hospitals.
It is unlikely Brigadier Raja Rizwan was working for RA&W, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
The RJD suspended Yadav from the party a day after his arrest warrant was issued.
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