SFIO Archives

Delhi High Court upholds LOC against Businessman amid fraud investigation into Fortis Healthcare and Religare Enterprises

The petitioner is an Indian businessman and erstwhile billionaire with Fortis Healthcare, Religare, and Ranbaxy Laboratories, seeking permission to go abroad to attend the graduation ceremony of his two sons one on 01-07-2024 at Durham University and the other on 02-09-2024 at University College London.

Case Briefs Supreme Court

Supreme Court directs ED to conduct exhaustive investigation in money laundering case against Amtek Auto’s former promoters

In 2018, the National Company Law Tribunal approved the resolution plan submitted for Amtek Auto by Liberty House, which was settled with 80% haircut for Deccan Value Investors in November 2021

Op Eds OP. ED.

Can Other Law Enforcement Agencies Take Up Investigations Parallel to SFIO Investigations? Ashish Bhalla v. State: A Case Comment

by Anuj Berry†, Sourabh Rath††, Megha Janakiraman††† and Aparajito Sen††††

Case Briefs High Courts

SFIO not barred from investigating offences under IPC and conducting ‘further investigation’ after filing of investigation report: Delhi High Court

“If power is given to the Special Court under Section 436(2) of the Companies Act, 2013 (‘the Act’) to try offences other than those under the Act, then SFIO’s power to investigate into such offences cannot be restricted.”

Case Briefs High Courts

Delhi High Court upholds bail granted to the former director of BPSL Aarti Singhal in Bhushan Steel scam

Delhi High Court observed that in absence of any cogent, supervening circumstances necessitating cancellation of bail of the respondent/accused, the Court cannot merely cancel the bail so granted.