PMLA
Vivo Executive Moves Supreme Court After Delhi HC Denies Travel To China Over ₹20,000 Cr. PMLA Case
On 17 August, Guangwen Kuang, a executive of Vivo Mobile Communications filed a Special Leave Petition (SLP) before the Supreme Court challenging the Delhi High Court's refusal to permit him to travel to Guangzhou, China, where his 82-year-old father is ill.The Delhi High Court's order dated 9 July 2026 refused permission citing the alleged proceeds of crime, his status as a Chinese national and the absence of an extradition treaty or Mutual Legal Assistance Treaty between India and China....
Delhi High Court Holds ECIR Ends With Predicate Offence Closure, Quashes ED Case Against Prasad Family
The Delhi High Court on 19 August quashed proceedings initiated by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA) against members of the family of late Aristo Group founder Dr. Mahendra Prasad and others, after finding that the predicate offence forming the basis of the Enforcement Case Information Report (ECIR) had been closed. Justice Anish Dayal also set aside the ED's August 2025 addendum adding an earlier FIR to the existing ECIR. He observed: “The ED...
Calcutta High Court Denies Bail To Accused In Multi-Crore Online Betting PMLA Case
The Calcutta High Court on Monday denied bail to one of the accused persons in a Prevention of Money Laundering (PMLA) case arising from an alleged illegal online betting and gambling racket.The allegations pertain to illegal betting and gambling with proceeds allegedly laundered through multiple mule bank accounts and hawala transactions including transfers abroad. The ED alleged that the accused Sonu Kumar Thakur provided mule accounts to betting panels, operated through sub agents and...
Vijay Mallya Claims ₹15,000 Crore Recovered Against ₹6,203 Crore Dues: Bombay High Court Asks SBI, ED To Respond
Fugitive businessman Vijay Vittal Mallya has told the Bombay High Court that his civil liabilities to a consortium of banks have effectively been settled, with the lenders having recovered approximately ₹15,000 crore against an original claim of about ₹6,203 crore, including interest.The submission was made by Senior Advocate Amit Desai, appearing for Mallya, in a plea challenging a Special PMLA Court order that allowed the lender consortium to utilise confiscated assets for recovery of debts...
Centre Appoints Naveen Kumar B, Former ED Additional Director, As Law Member Of PMLA Adjudicating Authority
The Central Government has appointed Naveen Kumar B as Member (Law) of the Adjudicating Authority under the Prevention of Money Laundering Act, 2002 (PMLA).Kumar is a retired Additional Director (Prosecution) of the Directorate of Enforcement (ED). The appointment has been made by the President of India, according to an office order issued by the Ministry of Finance's Department of Revenue on August 11.He will hold the post at Level 14 of the Pay Matrix. His tenure will be for five years from...
Supreme Court Reserves Verdict On Concast Steel MD's Bail Plea In ₹6,210 Crore Money Laundering Case
The Supreme Court on Wednesday reserved its verdict on the bail plea of Sanjay Kumar Surekha, Chairman and Managing Director of Concast Steel and Power Ltd. (CSPL).Surekha has been in custody since December 18, 2024, in an Enforcement Directorate money laundering case. The case concerns the alleged diversion and laundering of ₹6,210.72 crore.Surekha is challenging the Calcutta High Court's November 14, 2025, order rejecting his bail plea.The High Court had found prima facie material indicating...
Supreme Court Refuses To Interfere With HC Order Governing Use Of TMC Bank Accounts Frozen Under PMLA
The Supreme Court on Tuesday refused to interfere with the Calcutta High Court's July 20 order refusing interim relief to the All India Trinamool Congress (AITC) against the Enforcement Directorate's freezing of three of its bank accounts in a money laundering investigation.A bench of Justices MM Sundresh and PB Varale was hearing the AITC's challenge to the July 20 order of the Calcutta High Court, which refused to grant interim relief against the ED's July 7 freezing order, as well as the July...
Madras High Court Refuses To Transfer Ex-Minister Radhakrishnan Case To PMLA Court, Calls Plea Premature
On 4 August, the Madras High Court dismissed the Enforcement Directorate's (ED) petition seeking transfer of the disproportionate assets case against former Tamil Nadu Minister and MLA Anitha R. Radhakrishnan from the Principal Sessions Court, Thoothukudi, to the Special PMLA Court at Madurai, holding that the application was premature. A Division Bench comprising Chief Justice Sushrut Arvind Dharmadhikari and Justice G. Arul Murugan held that a scheduled offence case can be committed to a...
Supreme Court Refuses To Interfere With Bombay HC Order Quashing ED Case Against Shapoorji Pallonji
The Supreme Court has recently refused to interfere with the Bombay High Court's judgment quashing the Enforcement Directorate's ECIR and complaint against Shapoorji Pallonji & Co. Pvt Ltd. (SPCL).The case pertains to ₹111.50 crore advanced by SPCL to the Nilesh Thakur group before June 1, 2009 when the relevant offence under the Prevention of Corruption Act was not a scheduled offence under the Prevention of Money Laundering Act (PMLA).A bench of Justices Dipankar Datta and Sheel...
Describing ECIR An Administrative Document Cannot Shield It From Judicial Review: Karnataka High Court
The Karnataka High Court on Wednesday ruled that merely describing an Enforcement Case Information Report (ECIR) as an internal or administrative document does not place it beyond judicial scrutiny. It held that an administrative label cannot shield it from review where its continuance causes injustice or frustrates the efficacy of an order passed under the Code of Criminal Procedure."Therefore, the description of an ECIR as an internal or administrative document does not, by itself, erect an...
Gameskraft Case | Search And Seizure Under PMLA Is Not An Independent Civil Exercise, Consequence Of ECIR: Karnataka High Court
Observing this, the court rejected the Enforcement Directorate's preliminary objection and held that Gameskraft's writ petition challenging the ECIR and consequential freezing orders is maintainable.
