ED arrests DHFL promoters Kapil, Dheeraj Wadhawan
While the central agency in the past had summoned the chiefs of many corporates who borrowed from YBL when its now arrested cofounder Rana Kapoor was at the helm, this is the first instance of a borrower being arrested in the case.
ED gets SC nod to attach JP Morgan India properties
The Supreme Court on Friday permitted the Enforcement Directorate to attach Rs 187-crore JP Morgan India’s properties in a case related to alleged transactions with developer Amrapali Group.
DHFL's Wadhawans' ED custody extended till May 27
The duo, arrested earlier this month under provisions of the Prevention of Money Laundering Act (PMLA), was produced in court on Friday at the end of their previous remand. The ED sought further custody of the Wadhawans, stating the two were not cooperating with the probe, and that there were voluminous documents with which it wanted to confront them.
Yes Bank case of ED: HC refuses pre-arrest bail to Wadhawans
The Wadhawans, who are presently in jail after being arrested by the CBI in the Yes Bank case, moved the high court last week seeking anticipatory bail in the money laundering case, and another case pertaining to alleged irregularities in the investment of employees' provident fund of the Uttar Pradesh Power Corporation Ltd (UPPCL).
Supreme Court allows ED to attach assets of JP Morgan after it identifies Rs 187 crore as proceeds of crime
A bench of Justices Arun Mishra and U U Lalit, which took up the matter through video conferencing, granted the permission to the ED to attach the properties of the multi-national firm, a senior lawyer associated with the case said.
ED quizzes close aides of Tablighi Jamaat chief
The agency, sources said, recorded statements of few associates of Saad on Tuesday and summoned three more close aides on Wednesday. The agency will shortly summon Saad after the statements of his associates are recorded.
Chopper scam: HC seeks Saxena's reply on ED plea to cancel bail, revoke approver status
Justice C Hari Shankar, who conducted the hearing through video conferencing, issued notice to Saxena on ED's plea which also sought revocation of his approver status on the ground that he had undertaken to disclose all the facts related to the offence but he was not doing so.
ED moves to confiscate properties linked to arms dealer Sanjay Bhandari
The Enforcement Directorate has summoned three individuals including Bhandari’s wife Sonia and 13 companies, asking them to explain their links to these properties in India and abroad.
Court rejects bail pleas of Kapil, Dheeraj Wadhawan in ED case
Kapil and Dheeraj Wadhawan, promoter of Dewan Housing Finance Ltd (DHFL) and RKW Developers, respectively, are facing charges of financial irregularities in cases filed by the ED and the Central Bureau of Investigation. A special CBI court in the city had remanded Kapil and Dheeraj Wadhawan to custody of the agency till April 29 in connection with the Yes Bank scam.
Revealed: How Wadhawans escaped ED and CBI
Amidst the lockdown and sealing of the borders in wake of the pandemic, brothers Kapil and Dheeraj Wadhawan, promoters of now insolvent DHFL...
PMLA court summons Rana Kapoor, 7 others to appear on June 5 in Yes Bank money laundering case
The Enforcement Directorate (ED) in the said chargesheet has dwelled on transactions between Yes Bank Ltd, DHFL and companies linked to Kapoor’s family members. Both, Kapil Wadhawan and Dheeraj Wadhawan, promoters of now insolvent DHFL are in the custody of ED.
Maharashtra govt requests ED-CBI to take Wadhawans into custody
The Maharashtra government has asked the CBI and Enforcement Directorate (ED) to take custody of the scam-accused DHFL group's promoters Kap...
ED attaches Rs 16.38 cr worth of Mumbai AJL asset; names Moti Lal Vora
The provisional attachment order, under the Prevention of Money Laundering Act (PMLA), has been issued against the Associated Journals Limited and Moti Lal Vora, the chairman-cum-managing director of the AJL.
Highly unreasonable to confine Deepak Talwar behind bars till ED completes investigation: Court
Granting bail to corporate lobbyist Deepak Talwar, a special PMLA Court has held that “it would be highly unreasonable to confine” Talwar behind bars till the Enforcement Directorate (ED) completes its investigation.
ED seizes luxury vehicles of Wadhawans used for Mahabaleshwar trip
The vehicles are owned by the Wadhawan brothers, the notice said. The Wadhawan brothers and 21 others, including their family members, were travelling in two Range Rover and three Toyota Fortuner cars.
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