PMLA
Supreme Court Issues Notice On Former Rajasthan MLA Baljeet Yadav's Plea Seeking Bail In PMLA Case
The Supreme Court on Monday issued notice on former Rajasthan MLA (Behror) Baljeet Yadav's plea challenging the Rajasthan High Court's refusal to grant him bail in a money laundering case under the Prevention of Money Laundering Act (PMLA).The high court had observed that the Enforcement Directorate's (ED) investigation revealed a money trail linked to 32 tenders floated for procuring sports equipment. A bench of Justices Dipankar Datta and Sheel Nagu issued notice to the ED after hearing...
TMC Moves Supreme Court Against Calcutta HC Order Refusing To Stay ED's Freezing Of Party Bank Accounts
The All India Trinamool Congress (AITMC) has moved the Supreme Court, challenging a July 20, 2026 Calcutta High Court order refusing to stay the Enforcement Directorate's freezing of three of its HDFC Bank accounts and a money laundering investigation under the Prevention of Money Laundering Act. The probe relates to the ED's allegation that ₹133.84 crore was transferred from one of the party's accounts to Carewell Aviation India Pvt. Ltd. as part of a scheme to divert funds. A bench of...
Supreme Court Declines Bail To Punjab Minister Sanjeev Arora On Medical Grounds In PMLA Case
The Supreme Court on Tuesday dismissed the medical bail plea of Aam Aadmi Party (AAP) MLA and Punjab Minister Sanjeev Arora in a money laundering case. It noted that his regular bail application is already pending before the Punjab and Haryana High Court. A Division Bench of Justices Satish Chandra Sharma and Nongmeikapam Kotiswar Singh also recorded the Centre's undertaking that Arora would receive the best possible medical treatment. This would include an angiography, if required."However, as...
Bombay High Court Quashes PMLA Case Against DB Realty, MD In Case Linked To Ex-Minister Chhagan Bhujbal
The Bombay High Court has quashed money laundering proceedings against DB Realty Managing Director Vinod Goenka and the company in a case linked to former Maharashtra Deputy Chief Minister and Cabinet Minister Chhagan Bhujbal. It held that the prosecution could not continue after Parvesh Construction Pvt Ltd, from whom the petitioners were alleged to have received the proceeds of crime, was discharged.Justice Ashwin D. Bhobe said, "Considering that the Accused No. 4 (M/s. Parvesh Construction...
Supreme Court Reserves Orders In Punjab Minister Sanjeev Arora's Bail Plea On Medical grounds In PMLA Case
The Supreme Court on Tuesday reserved orders on the plea filed by Punjab Minister and Aam Aadmi Party (AAP) MLA Sanjeev Arora. He has sought bail on medical grounds and permission to undergo treatment at Fortis Hospital, Gurugram or Medanta Hospital, Gurugram instead of AIIMS, New Delhi, in a money laundering case investigated by the Directorate of Enforcement.The court had, on July 20, directed that Arora be shifted from Fortis Hospital, Gurugram, to the All India Institute of Medical Sciences...
Supreme Court Refuses Bail To Former Reliance Power CFO Ashok Pal In ₹68.20 Crore PMLA Case
The Supreme Court on Tuesday refused to grant bail to former Reliance Power Chief Financial Officer Ashok Pal in a ₹68.20 crore money laundering case. The case arises from the alleged submission of forged bank guarantees for a Solar Energy Corporation of India (SECI) battery energy storage project. A bench of Justice B.V. Nagarathna and Justice R. Mahadevan, however, granted Pal liberty to seek regular bail after charges are framed by the trial court. The Delhi High Court had earlier declined...
Supreme Court Grants Bail To Prayag Group Promoters In ₹2,862 Crore Money Laundering Case
The top court also questioned the ED over the nearly decade-long delay in registering a fresh ECIR that overlapped with the earlier prosecution.
Unitech Case: PMLA Appellate Tribunal Sets Aside ₹16.13 Crore Attachment Over 2004 Payment
The Appellate Tribunal under the Prevention of Money Laundering Act (PMLA) has recently set aside the provisional attachment of a fixed deposit worth ₹16.13 crore belonging to Sahana Builders and Developers Private Limited. It held that the ₹10 crore the company received from Unitech Ltd. in 2004 was part of an ordinary business transaction and could not be treated as "proceeds of crime" under the PMLA. Chairman Justice Munishwar Nath Bhandari allowed the company's appeal against the...
PMLA Prosecution After Conviction In Predicate Offence Does Not Attract Double Jeopardy: Karnataka High Court
The Karnataka High Court has held that prosecution under the Prevention of Money Laundering Act, 2002 (PMLA) after conviction in the predicate offence does not amount to double jeopardy. It observed that money laundering is a distinct statutory offence and prosecution under the PMLA is not a second trial for the same offence.A bench of Justice M. Nagaprasanna held, "The prosecution under the PMLA is neither the second trial for the same offence nor constitutional transgression. It is a...
Supreme Court Quashes 1992 FERA Proceedings Against Standard Chartered Bank Over NRE Transactions
The Supreme Court on Tuesday quashed criminal proceedings initiated against Standard Chartered Bank under the Foreign Exchange Regulation Act, 1973 (FERA). The case stemmed from allegations that the bank facilitated foreign exchange transactions in 1992 by allowing foreign currency deposits and remittances through Non-Resident External (NRE) accounts without the approvals mandated under the Act.A bench of Justices J.B. Pardiwala and Manoj Misra allowed the bank's appeal against the Bombay High...
Supreme Court Directs AIIMS Medical Board To Assess Punjab Minister Sanjeev Arora's Health On Bail Plea In PMLA Case
The Supreme Court on Monday directed that Aam Aadmi Party (AAP) MLA and Punjab Cabinet Minister Sanjeev Arora be shifted from Fortis Hospital in Gurugram to the All India Institute of Medical Sciences (AIIMS), New Delhi. The court asked a Medical Board at AIIMS to examine his health and submit its report within two days. Arora has sought interim bail in an Enforcement Directorate case under the Prevention of Money Laundering Act (PMLA), citing serious cardiac ailments.A bench of Justices Satish...
Supreme Court Refuses To Interfere With Bail Denial To Ex-Haryana Congress MLA In Mahira Group Housing Scam
The Supreme Court on Friday refused to interfere with a Punjab and Haryana High Court order denying regular bail to former Haryana Congress MLA Dharam Singh Chhoker in the Enforcement Directorate's money laundering case over the alleged Mahira Group affordable housing scam. The ED has alleged that Chhoker and others siphoned off around ₹616 crore collected from nearly 1,500 homebuyers in Mahira Group's affordable housing projects in Gurugram by diverting project funds. The ECIR was initially...