Page 5 - Pmla

ED arrests ex-Bhushan Power & Steel CMD Sanjay Singal for bank loan fraud

The ED has recently attached assets worth Rs 4,025 crore of Bhushan Power and Steel Limited (BPSL).

ED attaches Rs 117-cr assets of man who duped Mysore Maharaja's taxidermist

The ED has taken over the probe in this alleged cheating and forgery case on the basis of a chargesheet filed by Bengaluru police CID

SC quashes ED plea challenging Shivakumar's bail in money-laundering case

Shivakumar was arrested by the ED on September 3

JSW's Bhushan Power acquisition in deep freeze as ED refuses to relent

The ED is learnt to have told the tribunal and the MCA that doing so will first require amending the Prevention of Money Laundering Act

A civil law is preventing ED from probing individuals named in global leaks

This peculiar situation has prevented the agency from going after certain entities named in these global leaks

Sebi issues detailed circular on Aadhaar e-KYC for domestic investors

Under PMLA, entities in the securities market that are notified by the central government can undertake Aadhaar authentication

Corporate debtors set to get IBC immunity against attachment of assets

The MCA has received several representations from companies including JSW and Tata Steel regarding issues that cropped up after the closure of the insolvency and bankruptcy process

Explained: Are Enforcement Directorate's seizures harming the economy?

ED's move could stall the resolution process, prevent banks from recovering their pending dues

Iqbal Mirchi PMLA case: ED summons Shilpa Shetty's husband Raj Kundra

The central probe agency is looking at Kundra's purported dealings with Ranjeet Bindra and a firm called Bastian Hospitality in connection with this case.

ED swoop on BPSL has lenders wary of IBC route for debt resolution

The attachment by the ED was made under PMLA and is being legally tested before the National Company Law Appellate Tribunal (NCLAT) at a time when it is in the final lap of resolution under IBC

Sort out Bhushan Power and Steel asset issue: NCLAT to MCA and ED

Appellate tribunal says ED can claim dues from proceeds of crime under IBC as operational creditor

Congress president Sonia Gandhi meets D K Shivakumar in Tihar jail

According to sources, Gandhi was accompanied by Congress general secretary Ambika Soni

Justice Sunil Gaur, who denied Chidambaram's bail may head PMLA Tribunal

Once the formal order comes, he will replace Justice Manmohan Singh who joined as chairman on September 22, 2016 for a three-year term

Delhi HC to hear Karnataka Congress leader Shivakumar's bail plea today

Shivakumar, arrested in a case under the PMLA by the ED, has approached the high court challenging the trial court's order denying him bail

IBC and PMLA: Clarity needed in enforcing two overlapping laws in harmony

Seshagiri Rao, JSW Steel joint managing director and group chief financial officer, explained that the main issue is whether the PMLA has an overriding effect on the IBC

Vadra gets 4 weeks to file rejoinder in plea to quash money laundering case

A bench of Justices Manmohan and Sangita Dhingra Sehgal listed the matter for further hearing on November 18

Kamal Nath calls nephew Ratul's arrest in bank fraud case as 'malicious'

Puri, a businessman, was arrested late Monday night by the Enforcement Directorate under provisions of the Prevention of Money Laundering Act

ED attaches REI Agro's assets worth Rs 480 cr over alleged bank loan fraud

The central agency issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA) against the firm, it said in a statement

Govt tightens anti-money laundering laws, widens ambit of proceeds of crime

The new amendment has been brought in with the Finance Bill passed in the Lok Sabha on Thursday

ED attaches Rs 1.43 crore assets of firm assigned to upgrade streetlights

A similar order was issued by the Enforcement Directorate (ED) early this month