Supreme Court
Supreme Court Refuses To Interfere In Delhi HC Order Quashing NBWs Against Engineer.ai Founder
The Supreme Court on Friday refused to interfere with a Delhi High Court ruling quashing non-bailable warrants issued by the Enforcement Directorate against Engineer.ai founder Sachin Dev Duggal in a Videocon-linked money-laundering probe.A Bench of Justices Dipankar Datta and Satish Chandra Sharma, after briefly hearing the parties, declined to interfere with the Delhi High Court's order.The Delhi High Court on December 19, 2025 had quashed the warrants, holding that non-bailable warrants...
West Bengal Coal Scam Case: Supreme Court Seeks Anup Majee's Reply In ED Plea Against Anticipatory Bail
The Supreme Court on Monday sought a reply from Anup Majee, an alleged key accused in the West Bengal coal smuggling-linked money laundering case, on a plea filed by the Directorate of Enforcement challenging a Delhi High Court order granting him anticipatory bail. The Delhi High Court had, on June 13, 2025, held that the “twin conditions” under Section 45 of the PMLA were satisfied. It noted that the investigation had continued for nearly five years without any attempt to arrest Majee, despite...
ED Moves Supreme Court Against Refusal To Defer Order On Charge In Jindal Steel-Linked Coal Block Case
The Directorate of Enforcement has moved the Supreme Court against a trial court order refusing to defer the order on charge in a money laundering case linked to allocation of the Amarkonda Murgadangal coal block, in which Jindal Steel & Power Ltd. and other accused are facing prosecution.The petition challenges a March 25, 2026 order of the Special Judge (PC Act) (CBI), Coal Block Cases, Rouse Avenue Courts, New Delhi, dismissing the ED's application under Section 346 of the Bharatiya...
Supreme Court Issues Notice On Prayag Group Promoters' Bail Plea In ₹2,862 Crore PMLA Case
The Supreme Court on Friday issued notice on a plea by Prayag Group promoters Basudeb Bagchi and Avik Bagchi challenging a Calcutta High Court order refusing them regular bail in a PMLA case. The Enforcement Directorate alleges the promoters defrauded investors of around Rs. 2,862 crores. A Bench of Justices Vikram Nath and Sandeep Mehta noted the ED's appearance on advance notice and dispensed with formal service of notice on the agency. The matter has been listed for hearing on July 14, 2026....
Supreme Court Issues Notice On Former Excise Commissioner's Plea Seeking Bail In Chhattisgarh Liquor Scam Case
The Supreme Court on Friday issued notice in a plea by Niranjan Das, former Excise Commissioner, challenging the denial of bail in a money laundering case linked to the alleged Multi-Crore Chhattisgarh liquor scam. A bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M. Pancholi listed the matter for hearing on May 18. The case pertains to allegations that illegal liquor operations were carried out through State-run outlets, generating proceeds of crime through a...
Supreme Court Refuses To Interfere With Denial Of Anticipatory Bail To Chartered Accountant In PMLA Case
The Supreme Court recently refused to interfere with the Delhi High Court's order denying anticipatory bail to chartered accountant Bhaskar Yadav in a Rs. 640 crore money laundering case linked to fraudulent investment and part-time job schemes.“We do not find any ground to interfere with the impugned order passed by the High Court,” a Bench of Justices M.M. Sundresh and Augustine George Masih observed while dismissing Yadav's special leave petition. The court, however, granted Yadav 10 days'...
Confiscation Under PMLA Cannot Proceed While Appeal Against Attachment Is Pending: Supreme Court
The Supreme Court on Friday (February 6) held that confiscation proceedings under the Prevention of Money Laundering Act (PMLA) cannot be taken forward while an appeal against the confirmation of attachment is pending before the Appellate Tribunal. The Court clarified that once an attachment order passed under Section 8(3) of the PMLA is challenged under Section 26, a “deemed embargo” operates, preventing the Special Court from deciding confiscation proceedings under Section 8(7) until the...
Supreme Court Restores Property Of Corporate Debtor Attached Under PMLA To Successful Resolution Applicant
The Supreme Court recently reiterated that the objective of Section 8(8) of the Prevention of Money Laundering Act(PMLA) is to ultimately restore any attached properties to the bonafide successful resolution application(SRA) who have a legitimate interest in it.Section 8(8) allows the Special Court to direct the Central Government to restore property that has been confiscated under the Act to a person or claimant who has a legitimate interest in it, upon conclusion of the trial. However, second...
Sandesara–Sterling Group Loan Fraud | Supreme Court Quashes Criminal Cases After Accused Agree To Pay Rs 5,100 Crore To Banks
The Supreme Court recently quashed all criminal and civil proceedings against Hemant S. Hathi and Chetan Jayantilal, accused in the Sandesara–Sterling Group bank fraud case, after they agreed to deposit Rs 5,100 crore as full and final settlement with lender banks.A bench of Justice JK Maheshwari and Justice Vijay Bishnoi, however, clarified that the directions were issued in the peculiar facts of the case with the purpose of protecting public money, and will not operate as a precedent.“it is...
Supreme Court Seeks ED's Response On Ex-Tamil Nadu Minister Senthil Balaji's Plea To Relax Bail Conditions In Money Laundering Case
The Supreme Court today issued notice on an application filed by ex-Tamil Nadu Minister V Senthil Balaji seeking relaxation of his bail conditions in the money laundering case arising out of the cash-for-jobs 'scam'.A bench of Justices Surya Kant and Joymalya Bagchi passed the order, after hearing Senior Advocates Kapil Sibal and Narendra Hooda. Advocate Zoheb Hossain appeared for ED and Senior Advocate Gopal Sankaranarayanan represented complainant-Y Balaji.During the hearing, Sibal...
Vasai-Virar Illegal Constructions Case: Supreme Court Issues Notice On ED's Challenge To HC Quashing Arrest Of IAS Officer
The Supreme Court today issued notice on a plea filed by the Enforcement Directorate challenging Bombay High Court's declaration of suspended IAS officer and Vasai Virar City Municipal Commissioner Anilkumar Pawar's arrest as illegal.A bench of Justices Vikram Nath and Sandeep Mehta passed the order, after hearing Additional Solicitor General SV Raju (for ED). On a specific Court query, the ASG informed that the photographs of ornaments (stated to be recovered during raids) were taken prior...
