2005 IPO Scam Archives

Legal RoundUp Tribunals/Regulatory Bodies/Commissions Monthly Roundup

Tribunals and Commissions Roundup July 2025 | Attachment of Chanda Kochhar’s Assets; ED Action on Nirav Modi Aide; Malnutrition Crisis in Telangana; Congress Tax Filing Delay & More

From smuggling of gold, Adani’s acquisition of HDIL properties, countervailing duty on areca nuts and provisional attachment in the 2005 IPO Scam case to gang rape in Panipat train compartment and collapse of school building in Rajasthan, this quick legal roundup covers important stories from Tribunals, Regulatory Bodies, Commissions this month.

Case Briefs Tribunals/Commissions/Regulatory Bodies

[2005 IPO Scam] PMLA Appellate Tribunal confirms provisional attachment of Karvy Consultant’s FDR of Rs 65 lakh

“A professional group like Karvy cannot abdicate its responsibility to ensure genuine transactions. The failure to exercise due diligence with respect to the work facilitated the key operators to earn huge profits out of the mala fide allotment of shares of the two entities i.e., Yes Bank Ltd. and IDFC in their IPO subscription.”