Company & PMLA
Arrest By ED Vitiated If Accused Not Produced Before Nearest Magistrate Within 24 Hours: Supreme Court
The Supreme Court has held that the arrest by the Enforcement Directorate (ED) is vitiated if the accused is not produced before the nearest...
PMLA | Delhi High Court Refuses Bail To Person Accused Of Manufacturing And Selling Of Fake Anti-Cancer Medicines
The Delhi High Court has refused to grant bail to a person accused of manufacturing and selling spurious/fake anti-cancer medicines.The bench of Justice Chandra...
GST Department’s Statutory Dues Do Not Have Preferential Treatment Over Secured Creditors Under IBC Framework: NCLAT Uphold Resolution Plan
The Delhi Bench of National Company Law Appellate Tribunal (NCLAT) has upheld the Resolution Plan and held that the GST/IDT Department's statutory dues do...
NCLAT Partially Stays CCI-Order Restraining WhatsApp From Sharing Data With Meta
The Delhi Bench of National Company Law Appellate Tribunal (NCLAT) has partially stayed the order passed by the Competition Commission of India (CCI) restraining...
S. 42 Of PMLA: Bombay High Court Refuses To Condone 132 Days Delay In Filing Appeal By ED
The Bombay High Court has refused to condone the delay of 132 days in filing the appeal by the Enforcement Directorate (ED) under Section...
Customs Duty Not Payable By Corporate Debtor For Sale Of Floating Dry Dock To Foreign-Buyer During Liquidation: NCLT
The Amravati Bench of National Company Law Tribunal (NCLT) has held that customs duty is not payable by corporate debtor for sale of floating...
Central Agencies Must Conduct Themselves Within Parameters Of Law: Bombay High Court Imposes Rs. 1 lakh Cost On ED
The Bombay High Court has imposed the cost of Rs. 1 Lakhs on Enforcement Directorate (ED) for initiating a money laundering probe against a...
Supreme Court Slams ED For Denying Bail To Women Citing Non-Applicability Of Section 45 Of PMLA On Women
The Supreme Court has slammed the Enforcement Directorate (ED) for denying bail to women citing non-applicability of Section 45 of Prevention of Money Laundering...