Delhi High Court Dismisses Supertech Chairman RK Arora’s Plea Challenging Arrest By ED In Money Laundering Case

The Delhi High Court on Friday dismissed a petition moved by Supertech Chairman Ram Kishor Arora challenging his arrest by the Enforcement Directorate in a money laundering case. Justice Dinesh Kumar Sharma said that no fundamental rights of Arora were violated and that there was nothing on record to suggest that he was denied right to consult or be defended by a legal practitioner.“The petitioner here failed to show that the arrest of the petitioner is in violation of Section 19 of the PMLA,”...

PMLA Does Not Postulate Separate ‘Reason To Believe’ For Each Property Attached Provisionally Under Section 5: Delhi High Court

The Delhi High Court has observed that the Prevention of Money Laundering Act, 2002, does not postulate a separate “reason to believe” for each property which stands attached under the provisional attachment order passed under Section 5(1) of the enactment. A division bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad made the observation while dismissing an appeal moved by M/S Gold Croft Properties Private Limited challenging the single judge’s order which upheld the...

Jet Airways Funds Not Used For Personal Expenses, Family Members Drew Salaries With Approval Of Central Govt: Naresh Goyal To Bombay HC

Jet Airways founder Naresh Goyal has claimed that his family members received salaries in their capacity as employees of Jet Airways, countering Canara Bank’s allegation that he siphoned off funds from Jet Airways by paying for personal expenses such as salaries of staff, phone bills and vehicle expenses of the Goyal family.“Family members of the Petitioner were being paid salaries and other benefits in their capacity as employees of the company for the relevant period. Necessary approvals,...

Supreme Court Extends Interim Bail of AAP Leader Satyendar Jain in Money Laundering Case Until September 25

The Supreme Court on Tuesday adjourned until September 25 the hearing of the bail plea of Aam Aadmi Party leader and former Delhi government cabinet minister Satyendar Jain in a money laundering case. Jain was arrested by the Enforcement Directorate in May 2022 and was granted interim bail due to medical reasons earlier this year. The court today clarified that this interim relief will continue until the next date of the hearing. A bench comprising Justices AS Bopanna and Bela M Trivedi...

Madras High Court Directs Principal Sessions Court To Hear Senthil Balaji’s Bail Plea, Sets Aside Transfer Of Case To MP/MLA Court

The Madras High Court on Monday directed the Principle Sessions Court in Chennai to hear the bail plea moved by Tamil Nadu Minister V Senthil Balaji who has been arrested by the Enforcement Directorate in a money laundering case. The bench of Justice R Suresh Kumar and Justice K Kumaresh Babu noted that since the offence alleged to have been committed by Balaji was one punishable under Section 4 of the Prevention of Money Laundering Act, only a Special Court designated under Section...

Supreme Court Judge PK Mishra Recuses From Ex-Delhi Minister Satyendar Jain's Bail Plea; Interim Bail Extended Till Sep 12

Supreme Court judge Justice Prashant Kumar Mishra recused himself on Friday from hearing a bail plea of Aam Aadmi Party leader and former Delhi government cabinet minister Satyendar Jain in a money laundering case. Jain was arrested by the Enforcement Directorate in May 2022 and was granted interim bail due to medical reasons earlier this year.A bench comprising Justices AS Bopanna and Mishra was slated to hear Jain’s plea challenging the decision of the Delhi High Court to deny him bail in...

'ED Cannot Be A Law Unto Itself' : SC Extends Interim Relief In Chhattisgarh Liquor Scam Case [Video]

‘Shouldn't Be Denied Special Moments In Life Even If Facing Trial’: Delhi High Court Allows PMLA Accused To Travel Abroad For Son’s Admission

The Delhi High Court has permitted an accused in a money laundering case to travel abroad for admission of his son, observing that a person should not be denied such “special moments of small pleasures in life” even if he is accused and facing trial."Admission of a child whether in school or in a college/University is a moment the parent and the child cherish forever. It is a feeling of togetherness as well as support by the mere presence with each other, which is expected by each child and...

Delhi High Court Issues Notice On ED’s Application Seeking Vacation Of Orders Protecting NewsClick From Coercive Action In Money Laundering Case

The Delhi High Court on Friday issued notice on an application moved by Enforcement Directorate seeking vacation of the orders directing no coercive steps against NewsClick and its Founder and Editor-In-Chief Prabir Purkayastha in a money laundering case. Justice Saurabh Banerjee granted two weeks’ time to NewsClick and Purkayastha for filing reply to the application and listed the matter for hearing on September 06. The court also granted three days’ time to the probe agency for filing its...

Can't Bypass Remedies Under PMLA Unless Entirely Ill-Suited: Kerala High Court Dismisses Santiago Martin's Plea Against ED Attachments

The Kerala High Court on Tuesday dismissed 'lottery king' Santiago Martin's petition challenging ED's attachment orders freezing his and his company's movable assets under the Prevention of Money Laundering Act, 2002 (PMLA).Justice Bechu Kurian Thomas held that PMLA provides a comprehensive three-tier remedy for such grievances and that the petitioners ought to have exhausted their alternative remedies rather than bypassing them, unless they are unsuitable for the situation."a three-tier remedy...

Violation Of Section 19 PMLA Will Vitiate Arrest; Magistrate Should Ensure That ED Followed Arrest Procedure : Supreme Court

The Supreme Court on Monday held that any non-compliance of the mandate of Section 19 (Power To Arrest) of the Prevention Of Money Laundering Act, 2002, would vitiate the very arrest itself. A division bench of Justice A S Bopanna and Justice M M Sundresh while dismissing Tamil Nadu Minister Senthil Balaji's plea challenging custody by Enforcement Directorate in the money laundering case, observed that: “Any non-compliance of the mandate of Section 19 of the PMLA, 2002 would enure to the...

‘Custody' Under Section 167 CrPC Includes Custody Of Other Investigating Agencies Such As ED, Not Just Police: Supreme Court

The Supreme Court on Monday held that ‘custody' under Section 167 of the Code of Criminal Procedure, 1973 includes custody of other investigating agencies such as the Enforcement Directorate and not just the police alone.The said observation was made by a division bench of Justice A S Bopanna and Justice M M Sundresh while dismissing Tamil Nadu Minister Senthil Balaji's plea challenging custody by Enforcement Directorate in the money laundering case. Under Section 167(1) of the CrPC, a...