PMLA
No Assertion In ED Complaint That Scheduled Offences Generated Proceeds Of Crime : Supreme Court Grants Bail In PMLA Case
The Supreme Court recently granted bail in a case under the Prevention of Money Laundering Act (PMLA) after noting that the prosecution complaint did not have any assertion that the scheduled offence generated proceeds of crime directly or indirectly..“Prima facie, there must be factual assertions in the complaints to show that the offences which are named as scheduled offences on the basis...
Senthil Balaji's Bail Plea : Supreme Court Seeks Clarification From ED On Predicate Offences
The Supreme Court today (August 14) sought clarification from the Directorate of Enforcement (ED) on whether it intends to rely on all three predicate offences in the money laundering case against Senthil Balaji or exclude one of the cases that involves more than a thousand accused.The predicate offences are registered against Balaji under section 420 (cheating) and other relevant sections of...
Supreme Court Reserves Verdict On Bail Plea Of Senthil Balaji In Money Laundering Case, Flags Delay In Trial
The Supreme Court on Monday (August 12) reserved its judgment on the bail plea of former Tamil Nadu Minister V Senthil Balaji in a money laundering case arising out of the cash for jobs allegations.The MLA and former Minister was arrested by the Enforcement Directorate (ED) in June last year in the cash-for-jobs money laundering case. He has challenged a Madras High Court order denying him...
Madras High Court Dismisses TN Minister Anitha Radhakrishnan's Plea Challenging PMLA Proceedings By ED
The Madras High Court on Wednesday dismissed a petition filed by the Tamil Nadu Fisheries Minister challenging the PMLA proceedings initiated by the Enforcement Proceedings against him. Justice SM Subramaniam and Justice V Sivagnanam dismissed Radhakrishnan's plea and asked him to cooperate with the investigating agency to complete the probe in the money laundering case and allow it...
'Out Of 5000 PMLA Cases, Only 40 Convictions In 10 Years' : Supreme Court Says ED Must Focus On Quality Prosecution
The Supreme Court on Wednesday (August 7) highlighted the low rate of conviction in money laundering cases and underscored that the Enforcement Directorate (ED) should focus on the quality of prosecution.A bench of Justices Surya Kant, Dipankar Datta and Ujjal Bhuyan was hearing a bail petition of Chhattisgarh-based businessman Sunil Kumar Agarwal, who was arrested for the offence of...
PMLA : Supreme Court To Hear Review Petitions Against Vijay Madanlal Choudhary Judgment On August 28
The Supreme Court today posted to August 28 the batch of petitions seeking review of the 2022 judgment in Vijay Madanlal Choudhary v. Union of India (VMC).A special bench of Justices Surya Kant, CT Ravikumar and Ujjal Bhuyan heard arguments briefly, but agreed to adjourn the matter at the request of Solicitor General Tushar Mehta, who submitted that the matter was listed suddenly (post 9...
Senthil Balaji's Bail Plea | Can Trial In PMLA Case Proceed Without Trial In Predicate Offence? Supreme Court Asks
The Supreme Court on Tuesday (August 6) while hearing former Tamil Nadu Minister Senthil Balaji's bail plea asked whether the trial under Prevention of Money Laundering Act, 2002 (PMLA) could proceed without the trial of the predicate offence.The MLA and former Minister was arrested by the Enforcement Directorate (ED) in June last year in a cash-for-jobs money laundering case. He has challenged...
'Some Incongruency' In ED's Stance That Manish Sisodia Delayed Trial, Says Supreme Court; Reserves Judgment On Bail Plea
The Supreme Court today reserved verdict on the petitions filed by former Delhi Deputy Chief Minister Manish Sisodia seeking bail in the liquor policy case.A bench of Justices BR Gavai and KV Viswanathan heard the pleas and reserved orders upon hearing Senior Advocate Dr AM Singhvi (for Sisodia) and Additional Solicitor General SV Raju (for respondent-authorities).During the hearing, the...
Senthil Balaji's Bail Plea | Cash Deposits Of Rs. 1.34 Crores Not From MLA Salary & Agricultural Income: ED To Supreme Court
The Directorate of Enforcement (ED) on Monday (August 5) submitted before the Supreme Court that the cash deposit of Rs. 1.34 Crores in the bank account of former Tamil Nadu Minister Senthil Balaji have no connection with his salary as MLA or his agricultural income.“His case was that out of this 1.34 Crores, 68 lakhs is my salary as an MLA. It is completely incorrect as he is receiving...
Bail U/S 45(1) PMLA Can Be Given To Sick Or Infirm: Kerala High Court Grants Interim Bail To Former KPCC General Secretary
The Kerala High Court has granted bail to K. K. Abraham, former general secretary of the Kerala Pradesh Congress Committee (KPCC). Justice C. S. Dias passed the order after considering the health issues of the accused. The Court has not passed any final orders on the bail application.Mr. Abraham was arrested by the Enforcement Directorate in a case of co-operative bank fraud and was in...
PMLA Provides No Procedure On Summoning, So CrPC Will Apply : Sibal Tells Supreme Court In Abhishek Banerjee's Case
During the hearing of TMC MP Abhishek Banerjee's plea against ED summons in a school jobs scam case, Senior Advocate Kapil Sibal urged before the Supreme Court on July 31 that the Prevention of Money Laundering Act provides “power” to summon an accused, but does not prescribe the “procedure” for summoning. “Power to summon is there, but procedure to summon is absent”, he...
No Prima Facie Case For Money Laundering Against Nalini Chidambaram In Saradha Chit Fund Scam: PMLA Court
A Prevention of Money Laundering Act (PMLA) Court at Kolkata has dismissed the Enforcement Directorate (ED's) complaint against Senior Advocate Nalini Chidambaram in relation to the Saradha Chit Fund Fund scam. Presiding judge Prashanta Mukhopadhyay said that there was no prime facie offence of money laundering and "no case was made out for the offence under Section 3 punishable under Section...