PMLA
Supreme Court Grants Bail To Concast Steel MD Sanjay Surekha In ₹6,210 Cr PMLA Case
The Supreme Court on Wednesday granted bail to Sanjay Kumar Surekha, Chairman and Managing Director of Concast Steel and Power Ltd. (CSPL), in a money laundering case involving alleged proceeds of crime worth ₹6,210.72 crore.The Supreme Court on August 12 reserved its judgment on Sanjay Surekha's challenge to the Calcutta High Court's November 14, 2025 order rejecting his bail plea in a money laundering case involving alleged proceeds of crime worth ₹6,210.72 crore. A Bench of Justices...
ED Moves Supreme Court Against Order Quashing FIR, ED Case Against NewsClick, Prabir Purkayastha
The Enforcement Directorate (ED) has moved the Supreme Court challenging the Delhi High Court's decision to quash the FIR against digital news platform NewsClick and its founder, Prabir Purkayastha. The High Court had also quashed the money laundering proceedings arising from allegations of irregularities in foreign funding.The special leave petition filed by ED on October 8 is yet to be listed before the Supreme Court. The challenge is against the High Court order by Justice Neena Bansal...
Supreme Court Dismisses PIL Seeking Probe Into Overseas Funds Flowing Into Indian Equities, Adani Deals
The Supreme Court on Friday dismissed a Public Interest Litigation (PIL) filed by former journalist Ketan Tirodkar seeking an investigation into alleged overseas fund flows into the Indian equity market, including transactions involving Adani Group entities.A Bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and V. Mohana at the outset, questioned why the petitioner had approached the Supreme Court directly instead of pursuing the remedy available before the Bombay High Court,...
Kerala High Court Orders FIR Against Pinarayi Vijayan, Daughter In CMRL-Exalogic Case
The Kerala High Court on Friday directed the registration of an FIR against Pinarayi Vijayan, his daughter Veena Vijayan, and former minister Mohammed Riyas in the CMRL-Exalogic case over alleged offences under the Prevention of Corruption Act. Justice A. Badharudeen passed the order on a petition filed by advocate K.M. Shajahan, who sought an FIR based on material forwarded by the Enforcement Directorate (ED). The petitioner also sought to transfer the investigation to the Vigilance and...
PMLA Not Meant For Private Property Disputes, ED Must Prioritise Public Money Cases: Madras High Court
On 6 October, the Madras High Court observed that the stringent provisions of the Prevention of Money Laundering Act (PMLA) are not meant to be invoked in disputes that are essentially between private individuals over private property, and that the Enforcement Directorate should prioritise cases involving public money, corruption and scams of national consequence. Justice N Ramesh granted bail to Ala Alagappan, the third accused in an ED money laundering case arising from allegations that his...
Supreme Court Issues Notice On ED Plea Against Bail To Ex-Best Foods MD In ₹1,740 Cr PMLA Case
The Supreme Court on Tuesday issued notice on the Enforcement Directorate's plea challenging the Delhi High Court order granting bail to Dinesh Gupta, former Managing Director of Best Foods Ltd.The case concerns alleged diversion and siphoning off of loan funds obtained from a consortium of banks led by the State Bank of India, resulting in an outstanding liability of about ₹1,740.30 crore. The ED alleges that Gupta while in control of Best Foods and related entities, diverted the loan funds...
Supreme Court Disposes Of PIL Seeking PMLA, Benami Action Against Fake Drug Manufacturers
The Supreme Court has disposed of a PIL seeking time-bound assessment and confiscation of properties of fake drug manufacturers, sellers, financiers, and their family members under money laundering, benami property and black money laws. The PIL also sought completion of investigations into fake drug cases within three months and trials within one year. It sought standard procedures for the search, seizure and sampling of adulterated and spurious medicines. A Bench comprising Chief Justice of...
Karnataka High Court Dismisses JSW Steel's Plea Over PMLA Attachment Linked To Alleged Illegal Iron Ore Transactions
The Karnataka High Court has dismissed JSW Steel's challenge to a PMLA Appellate Tribunal order concerning the attachment of its bank accounts totalling ₹24.37 crore over alleged proceeds from illegally mined iron ore supplied to the company.The Court held that JSW had been permitted to raise all factual and legal submissions before the Tribunal and therefore its grievance that the matter should have been remanded was untenable.A division bench of Justices D.K. Singh and T.M. Nadaf said...
Delhi High Court Sets Up Ex-CJI Sanjiv Khanna-Led Panel To Verify 1,650 Greenopolis Homebuyer Claims
The Delhi High Court has set aside a November 27, 2025, order directing restoration of properties attached by the Enforcement Directorate in the Greenopolis housing project case. It has appointed a three-member Monitoring Committee to verify genuine homebuyer claims and streamline the restitution process. Justice Anup Jairam Bhambhani appointed former Chief Justice of the Supreme Court of India Justice Sanjiv Khanna as the committee's chairperson. The committee will also comprise former...
CMRL-Exalogic Case: Kerala HC Reserves Order On Legality Of Preliminary Enquiry Without FIR Into Pinarayi Vijayan, Daughter
The Kerala High Court on Tuesday reserved its order on whether the State Government can conduct a preliminary enquiry before registering a First Information Report on the basis of material forwarded by the Enforcement Directorate (ED) alleging offences under the Prevention of Corruption Act in the CMRL-Exalogic case.Justice A. Badharudeen was hearing a plea filed by Advocate K.M. Shajahan, seeking directions for registration of an FIR against former Chief Minister of Kerala, Pinarayi Vijayan,...
Supreme Court Issues Notice In Plea Against High Court Order Quashing Gameskraft Executives' Arrests
The Supreme Court on Monday issued notice on the Enforcement Directorate's challenge to the Karnataka High Court order quashing the arrests of Gameskraft founder Deepak Singh and company executives Vikas Taneja and Prithvi Raj Singh in a money laundering case arising from alleged losses suffered by users of the company's online gaming platforms.A Division Bench of Justices M.M. Sundresh and P.B. Varale issued notice on the ED's plea and directed the executives to respond to the challenge.The...
Supreme Court Refuses To Interfere With Denial Of Anticipatory Bail To PACL Promoter's Daughter In ₹48,000 Crore PMLA Case
The Supreme Court on Friday refused to interfere with the Delhi High Court's order denying anticipatory bail to Barinder Kaur, daughter of late PACL promoter Nirmal Singh Bhangoo, in the ₹48,000 crore PMLA case arising from the alleged Pearls Agrotech Corporation Limited investment fraud and money laundering case.The case arises from allegations that PACL and Pearl Golden Forest Ltd. collected more than ₹48,000 crore from investors through purported land schemes.A Division Bench of Justices M.M....