Aircel-Maxis: SC stays ED proceedings to attach Sun TV assets

Last Updated: Friday, August 21, 2015, 19:00

The Supreme Court on Friday stayed the proceedings undertaken by the Enforcement Directorate (ED) to provisionally attach Sun TV network's assets worth Rs 742 crore in the Aircel-Maxis deal case.

Immunity from FEMA for disclosures of black money: Govt

Last Updated: Monday, July 6, 2015, 18:25

The government will give immunity from prosecution under FEMA, Prevention of Money Laundering Act and four other laws to persons declaring undisclosed foreign assets under the compliance window of the new Black Money Act.

RBI working with Finance Ministry to bring to book loan fraudsters

Last Updated: Saturday, June 27, 2015, 19:42

RBI has prescribed time limits within which certain actions like investigating for fraud should be completed and a decision on whether an account is indeed a fraud or not is made, the Deputy Governor said.

ED attaches properties of Gems Cables and Conductors

Last Updated: Friday, June 19, 2015, 19:51

"During investigation under PMLA, proceeds of the crime were identified in the form of movable and immovable properties. Totally, three immovable properties of value of around Rs 6.03 crore and one movable property of value of Rs 4.43 crore held by M/s Gem Cables and Conductors were attached," the release stated.

Rose Valley chief Gautam Kundu's bail plea rejected

Last Updated: Tuesday, May 19, 2015, 19:24

A city court Tuesday rejected the bail plea of Rose Valley Group chairman Gautam Kundu and extended his judicial remand till June three.

Coal scam: CBI files in court final report of further probe

Last Updated: Friday, May 15, 2015, 18:34

The special court should presume that sanction to prosecute these public servants has been granted by the competent authority as more than four months have elapsed.

Black money: PMLA cases face setback as special court goes vacant

Last Updated: Monday, April 27, 2015, 21:00

In a major blow to fight against black money, a special authority established to try money laundering cases bearing revenue value of crores of rupees has been rendered vacant as the lone member of the three-member body resigned Monday.

NSEL scam case: ED attaches assets worth Rs 62 crore

Last Updated: Wednesday, December 3, 2014, 22:22

The order, under Prevention of Money Laundering (PMLA) laws, has been issued against the firm Mohan India Private Limted, which includes funds in bank accounts to the tune of Rs 59.53 crore and a land plot in Delhi worth Rs 2.08 crore.

Rose Valley Group raised Rs 15,000 cr from investors: Govt

Last Updated: Tuesday, December 2, 2014, 16:10

The Enforcement Directorate has registered cases under the Prevention of Money Laundering Act, 2002 (PMLA) against Rose Valley Group companies apart from Saradha Group entities.

Kerala plans to increase detention period under KAPA

Last Updated: Wednesday, January 29, 2014, 00:33

With the aim of effectively checking activities of goons and the mafia in the state, the Kerala Government said it plans to increase the detention period from six months to 12 months under the Kerala Anti-social (Prevention) Act.

Cabinet clears bill to amend Prevention of Corruption Act

Last Updated: Thursday, January 9, 2014, 22:58

Ministry of Personnel on Thursday received post-facto approval of Union Cabinet to introduce a bill in the Rajya Sabha to amend the Prevention of Corruption Act.

Communal Violence Prevention Bill cleared by Cabinet

Last Updated: Monday, December 16, 2013, 22:13

After much delay, the controversial Communal Violence Prevention Bill was on Monday cleared by the Union Cabinet after removal of certain provisions, reducing the role of the legislation in handling of riots and making it neutral between communities.