CMRL Moves Division Bench Against Kerala HC Order Refusing To Quash ED Summons In Exalogic Case

An appeal has been filed before the Kerala High Court against a Single Judge's refusal to quash the Enforcement Directorate's money laundering probe linked to alleged payments of ₹1.72 crore made by Cochin Minerals and Rutile Limited (CMRL) to Veena Vijayan, daughter of former Kerala Chief Minister Pinarayi Vijayan, and her company, Exalogic Solutions Pvt Ltd. The appeal also challenges summons issued by the ED to CMRL officials. The appeal challenges Justice T.R. Ravi's May 26 judgment...

Kerala HC Upholds ED Summons In Probe Linked To Payments To Ex-Kerala Chief Minister's Daughter's Company

The Kerala High Court has declined to interfere with summons issued by the Enforcement Directorate to officials of Cochin Minerals and Rutile Limited in a money laundering investigation linked to payments allegedly made to Veena Vijayan, daughter of former Kerala Chief Minister Pinarayi Vijayan, and her company, Exalogic Solutions Pvt Ltd. Justice T.R. Ravi dismissed a petition filed by Cochin Minerals and its officers challenging an Enforcement Case Information Report (ECIR) registered by the...

Calcutta High Court Quashes PMLA Case Against Louis Dreyfus India In ₹234 Crore Bank Fraud Case

The Calcutta High Court on Friday (May 22) quashed money laundering proceedings initiated by the Enforcement Directorate (ED) against Louis Dreyfus Company India Private Limited, the Indian subsidiary of Dutch-French commodities giant Louis Dreyfus Company. The case arose out of an alleged bank fraud of about ₹234.57 crore investigated by the CBI. The ED had alleged that the company was involved in circular trading transactions linked to three Letters of Credit (LCs) and had unlawfully received...

ECIR Cannot Be Quashed At Threshold As It Is An Internal ED Document: Patna High Court

The Patna High Court on 18 May held that an Enforcement Case Information Report (ECIR) under the Prevention of Money Laundering Act, 2002 (PMLA) is an internal document of the Enforcement Directorate (ED) and cannot ordinarily be subjected to quashing, observing that such a plea is premature unless it translates into a prosecution complaint or other actionable proceedings. Justice Arun Kumar Jha dismissed a writ petition filed by Rishu Shree seeking to quash ECIR-13 and ECIR-14 and restrain the...

Delhi High Court Directs ED To Release ₹1.54 Crore To Satyam Caterers Despite Pending PMLA Appeal

The Delhi High Court has directed the Directorate of Enforcement to release over ₹1.54 crore to Satyam Caterers Pvt Ltd, subject to a bank guarantee of an equivalent amount, in a money laundering case. The court held that the excess recovery could not be withheld solely because ED's separate appeal against the reduced quantification of proceeds of crime is pending. A division bench of Justice Navin Chawla and Justice Ravinder Dudeja set aside an order of the Appellate Tribunal under SAFEMA,...

Delhi High Court Quashes Summons Against Compact Capital, Kalptaru Fincap In ₹539.37 Crore Sunstar PMLA Case

The Delhi High Court on Thursday set aside a September 25, 2024 cognizance order and consequent summons issued by the Additional Sessions Judge, Tis Hazari Courts, against Compact Capital Limited, Kalptaru Fincap Limited, and Naresh Aggarwal. The case arises from the Directorate of Enforcement's ₹539.37 crore money laundering case linked to Sunstar Overseas Ltd, a rice trading company. The Sessions Court, while taking cognizance under the Prevention of Money Laundering Act, had held that...

Bombay High Court Grants Relief To Goa Ex-CMs Digambar Kamat, Churchill Alemao In Louis Berger PMLA Case

The Bombay High Court at Goa has recently set aside a Special Court order taking cognizance against former Goa Chief Minister and current PWD Minister Digambar Kamat and Former Chief minister Churchill Alemao in the Louis Berger-linked money laundering case. The court held that prior government sanction to prosecute them, as required under Section 197 of the Code of Criminal Procedure for public servants, had not been obtained before cognizance was taken. A single-judge bench of Justice...

Receipt Of Indian Rupees From NRE Account Not “Foreign Exchange Dealing” Under FERA: Delhi High Court

The Delhi High Court on 30 April held that receipt of Indian currency from a Non-Resident External (NRE) account does not amount to “dealing in foreign exchange” under Section 8(1) or Section 8(2) of the Foreign Exchange Regulation Act, 1973 (FERA). A Division Bench of Justices Navin Chawla and Ravinder Dudeja set aside a penalty imposed on Prakash Chandra Yadav and allowed his appeal. It observed: “In the present case, the allegation against the appellant is not of dealing in foreign...

Chhattisgarh High Court Upholds ED Attachment Of Properties Linked To Former IAS Officer In Coal Levy Scam

The Chhattisgarh High Court has recently upheld the attachment of properties worth about Rs.5.52 crore linked to former IAS officer Ranu Sahu and her family members in a money laundering case arising out of the alleged coal levy scam, affirming action taken by the Directorate of Enforcement (ED). A Division Bench of Chief Justice Ramesh Sinha and Justice Ravindra Kumar Agrawal dismissed a batch of appeals filed by Sahu and her relatives challenging the October 16, 2025 order of the PMLA...

Property Purchased Before PMLA Can Be Attached If Derived From "Proceeds Of Crime": Delhi High Court

The Delhi High Court on Monday 16 March, held that the offence of money laundering is a continuing offence, and property purchased from “proceeds of crime” can be attached under the Prevention of Money Laundering Act, 2002 (PMLA), even if it was acquired prior to the Act coming into force. A Division Bench comprising Justice C Hari Shankar and Justice Om Prakash Shukla upheld the provisional attachment order issued by the Enforcement Directorate (ED). The Bench observed: “Viewed thus, so long...

Bombay High Court Refuses To Quash FIR, ED Probe Against Ex-Religare Chairperson Rashmi Saluja

The Bombay High Court has dismissed writ petitions filed by Dr Rashmi Saluja, former Executive Chairperson and key managerial person of Religare Enterprises Limited (REL), challenging an FIR registered against her in September 2024 and the proceedings initiated by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act. A Division Bench of Chief Justice Shree Chandrashekhar and Justice Gautam A Ankhad refused to interfere with and FIR registered at Matunga Police Station,...

Delhi High Court Allows ED To Withdraw PMT Machines Appeal As It Turned Academic After Insolvency Resolution

The Delhi High Court has permitted the Enforcement Directorate to withdraw its appeal against PMT Machines Limited after holding that the challenge had become academic following the company's resolution under the insolvency law and the Supreme Court's decision to quash the related criminal proceedings. A Division Bench of Justice Navin Chawla and Justice Ravinder Dudeja said the appeal no longer required adjudication on merits. “In view of the subsequent developments, the present appeal has,...