Supreme Court | No bail for Sanjay Chhabria in Yes Bank money laundering case
Supreme Court remarked that the offence was serious in nature, and the High Court had considered all aspects while refusing bail in this matter.
money laundering
Calcutta High Court directs formation of SIT amidst allegations of bias and ineffectiveness in Enforcement Directorate officials attack case
Calcutta High Court noted the registration of a counter FIR before an FIR about the attacks on Enforcement Directorate officials, casting doubt on police impartiality.
[Money Laundering] Supreme Court extends interim medical bail of NCP leader Nawab Malik by 6 months
In August 2023, the Supreme Court granted interim bail to Nawab Malik for two months, which was subsequently extended in October 2023 by three months.
LIFE Mission Corruption Case| Supreme Court extends interim bail granted to CM Pinarayi Vijayan’s former principal secretary IAS M. Sivasankar
Enforcement Directorate had arrested IAS M. Sivasankar in February 2023.
10 Important White-Collar Law Judgments of 2023
by Vasanth Rajasekaran† and Harshvardhan Korada††
Cite as: 2024 SCC OnLine Blog Exp 3
Delhi High Court dismisses plea of PMLA accused(s) alleging illegal detention for want of judicial order granting judicial custody
The Enforcement Directorate registered an ECIR under the provisions of Prevention of Money Laundering Act, 2002 for the alleged offense of money laundering under Section 3 of PMLA, punishable under Section 4 of PMLA, based on a scheduled offence allegedly committed under the provisions of Penal Code, 1860.
Money Laundering | Supreme Court refuses bail to former Chhattisgarh CM Bhupesh Baghel’s Deputy Secy
Supreme Court imposed costs of Rs 1 lakh against Saumya Chaurasia for incorrect submissions in her petition.
Supreme Court grants bail to liquor company regional head Benoy Babu in Delhi Liquor policy Case
Former Deputy Chief Minister, Delhi, Manish Sisodia was also accused in this case for violating statutory provisions and for notifying olicy that had significant financial implications.
[PMLA] Delhi High Court refuses bail on medical grounds; Directs Jail Superintendent to ensure safety of the accused
While the applicant’s right to healthcare and medical treatment is a fundamental consideration, it cannot be allowed to overshadow the pressing need to investigate fairly and ensure that due legal processes are followed.
S. 50, PMLA Act | Karnataka HC cancels Look-out Notice issued indefinitely on ground of suspicion alone; terms it as an abuse of process of law and object of LOC
“The summoning of a person repeatedly without probable cause or reasonable ground and only on the ground of suspicion alone is not in accordance with the principles of due causes and fairness”
[Cash-for-job Scam] Madras High Court refuses to grant bail to V. Senthil Balaji on medical grounds
Earlier in a writ petition concerning the issue of continuation of V. Senthil Balaji as a Cabinet Minister of the State consequent to his arrest, the Court left it to Chief Minister MK Stalin to decide about the continuance of Senthil Balaji (who is in judicial custody) as a Minister without Portfolio
[Money Laundering] Supreme Court constitutes 3 Judge Bench to hear review against Vijay Madanlal Judgment
The Three Judge Bench will be hearing the matter from 18-10-2023.
Calcutta High Court expunges aspersions casted against CID without apparent basis in a financial scam case; upholds transfer of investigation
Calcutta High Court held that the writ petition was not a PIL but had personal elements involving the respondents, who were directly affected by the alleged financial scam.
Money Laundering Case | Supreme Court refuses to interfere with bail to Unitech Promoter’s wife Preeti Chandra
Delhi High Court had granted bail to Preeti Chandra through order dated 14-06-2023.
DHFL Money Laundering | Supreme Court refuses interim bail to Yes Bank Founder Rana Kapoor
Earlier in May 2023, the Bombay High Court had rejected the second bail plea by Rana Kapoor.
LIFE Mission money laundering | Supreme Court grants interim medical bail to M Sivasankar for 2 months
The Enforcement Directorate (‘ED’) had strongly opposed the bail for Sivasankar being an influential personality and releasing him on bail may impact the investigation.
West Bengal Coal Scam| Supreme Court directs ED to withdraw Look Out Circular against MP Abhishek Banerjee and his wife
Abhishek Banerjee and his wife Rujira Banerjee were stopped at the airport on 05-06-2023 from travelling abroad because of the Look Out Circular
PayPal is a ‘payment system operator’ under PMLA; Delhi High Court quashes monetary penalty imposed by Financial Intelligence Unit, India
All the elements of the transaction comprised or connected with a payment being effected between two parties would appear to fall within the scope of the expression ‘payment system’ as defined under Section 2(1)(rb) of the PMLA.
Delhi High Court refuses bail to Shakti Bhog Director in money laundering case
Delhi High Court observed that evidence placed on record lends credence to the fact that the applicant was not merely the paper director but was a director who was actively involved in the working of the SBFL.
Bombay High Court refuses medical bail to Nawab Malik in PMLA case
Nawab Malik’s bail plea will be heard on merits in two weeks.