Case Law Details
Case Name : Deepak Sharma Vs Deputy Director Directorate of Enforcement (Appellate Tribunal Under Safema At New Delhi)
Related Assessment Year :
Courts :
Appellate Authority
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Deepak Sharma Vs Deputy Director Directorate of Enforcement (Appellate Tribunal Under Safema At New Delhi)
Ponzi Funds Parked through “Mind is King” – Tribunal Upholds Attachment of ₹5.5 Crore under PMLA
The appellants challenged attachment of ₹5.52 crore (bank balances & properties) under PMLA. ED alleged that ₹5.5 crore received by M/s Mind is King from Future Maker Life Care Pvt. Ltd. (FMLC)- a ₹3,000-crore Ponzi scheme – represented laundered funds.
Deepak Sharma claimed the money was payment for two lakh copies of his book
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Author Bio
