Supreme Court
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...
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...
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...
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 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...