Search For "prevention of money laundering"
Accused under PMLA can’t be sent to ED custody, Senthil Bajali’s counsel t
Updated : 2 years, 10 months ago IST
The Supreme Court on Thursday was told that an accused under the Prevention of Money Laundering Act (PMLA) upon being produced before a magistrate can’t be mandatorily remanded to the custody of the Enforcement Directorate (ED) upto 15 days and can only be sent to judicial custody.<
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Delhi HC quashes Rs 96 lakh penalty imposed on PayPal, directs to comply w
Updated : 2 years, 10 months ago IST
The Delhi High Court on Monday quashed a penalty of Rs 96 lakh imposed on PayPal Payment by the Financial Intelligence Unit India. However, the court has said that PayPal is obliged to comply with the obligation under the Prevention of Money Laundering Act (PMLA). PayPal challenged the order
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Mumbai Covid centre scam case: PMLA Court sends Sujit Patkar, Kishor Bisur
Updated : 2 years, 10 months ago IST
The Prevention of Money Laundering Act court on Thursday sent businessman Sujit Patkar, a close aide of Shiv Sena (UBT) leader Sanjay Raut and another person Dr Kishor Bisure to the Enforcement Directorate's custody till July 27 in the BMC (Brihanmumbai Municipal Corporation) Covid Center sc
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Brought GST under PMLA purview to empower investigators in fighting financ
Updated : 2 years, 10 months ago IST
The Centre’s move to bring the Goods and Services Tax Network (GSTN) under the purview of Prevention of Money Laundering Act (PMLA) was to empower the relevant investigating agencies to deal with tax fraud and money laundering matters, and not giving outright access to data to any party, sai
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Delhi Government opposes bringing GSTN under PMLA purview, demands discuss
Updated : 2 years, 10 months ago IST
The central government on Saturday issued a notification to bring the Goods and Services Tax Network (GSTN) under the Prevention of Money Laundering Act (PMLA). With the implementation of the said order, the information stored on the GST Network can now be shared under the PMLA Act.
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ED arrests ex-Chairman of Seva Vikas Co-op Bank in Rs 429 crore fraud case
Updated : 2 years, 10 months ago IST
The Enforcement Directorate (ED) arrested Amar Sadhuram Mulchandani, former Chairman of Seva Vikas Co-operative Bank on July 1 under the Prevention of Money Laundering Act (PMLA), 2002 in Seva Vikas Co-operative Bank fraud case, the agency said on Wednesday.
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UP: IRS officer arrested in Lucknow in disproportionate assets case, sent
Updated : 2 years, 10 months ago IST
The accused Sachin Balasaheb Sawant was arrested on June 27 in the ongoing investigation being conducted under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. ED had initiated an investigation on the basis of an FIR registered under PMLA 1988 by CBI, Anti-Corruption
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New Delhi: ED attaches properties worth Rs 3.40 Cr of Gujarat-based cricke
Updated : 2 years, 11 months ago IST
The Enforcement Directorate (ED) on Saturday said that they have attached properties worth Rs 3.40 Crore belonging to Anil Jaisinghani, a Gujarat-based cricket bookie, in connection with a PMLA (Prevention of Money Laundering Act) case.
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ED arrests M3M director Roop Kumar Bansal over money laundering charges
Updated : 2 years, 11 months ago IST
The Directorate of Enforcement (ED) arrested Roop Kumar Bansal (Promoter/ Director of M3M Group) on Thursday under the provisions of the Prevention of Money Laundering Act, 2002 in connection with the investigations being done on IREO Group and M3M Group for diverting/siphoning off/misapprop
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ED arrests M3M director Roop Kumar Bansal over money laundering allegation
Updated : 2 years, 11 months ago IST
The Enforcement of Directorate (ED) on Thursday arrested, Roop Kumar Bansal, director of real estate company M3M. Bansal is arrested under the Prevention of Money Laundering Act (PMLA), ED officials said.
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Money laundering case: ED arrests Income Tax department official from Guja
Updated : 2 years, 11 months ago IST
Directorate of Enforcement (ED), Ahmedabad has arrested Santosh Karnani, Additional Commissioner of Income Tax under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA).
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Bank Fraud: ED attaches 78 properties of Chennai firm
Updated : 2 years, 11 months ago IST
The Enforcement Directorate (ED) on Tuesday said it has attached 78 immovable and 16 movable properties worth Rs 124 crores in the possession of various persons and entities linked to the Chennai-based Surana Group of Companies under the Prevention of Money Laundering Act (PMLA).
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