Roop Singh Yadav Vs Deputy Director Directorate of Enforcement (Appellate Tribunal Under Safema At New Delhi) ED Dams the Flow- From River Beautification to Corruption– Gomti Riverfront Scam – Tribunal Upholds ED’s Attachment of IAS Engineer’s Family Properties in ₹30 Lakh Bribe Case The Appellate Tribunal under SAFEMA, New Delhi, in its Final Order, dismissed […]
Even properties acquired using personal savings or transferred within family can be attached if linked to proceeds of crime. The Tribunal emphasized intent and connection to criminal funds over formal ownership documents.
Appellate Tribunal under SAFEMA dismissed PMLA appeals filed after 5270 days, ruling that excessive delay and lack of vigilance by the appellants made the appeals legally untenable.
Appellate Tribunal dismissed FEMA proceedings after the ED could not provide authenticated HSBC Geneva bank statements. The ruling emphasizes that unverified evidence cannot support prosecution.
The tribunal ruled that commissions earned through LIC policies linked to a scheduled offence were rightly treated as proceeds of crime, justifying provisional attachment of property.
The SAFEMA Tribunal dismissed a bank’s appeal, ruling that PMLA attachment of mortgaged property overrides secured rights under the SARFAESI and RDB Acts. The decision affirms the Supreme Court’s NSEL verdict that secured creditors lack priority over assets attached as proceeds of crime.
The SAFEMA Appellate Tribunal held that NRIs cannot buy agricultural land in India, regardless of intended non-agricultural use. Penalty reduced due to bona fide conduct.
Mumbai Magistrate Court grants bail to Akhtar Yunus Khan, a businessman accused in a ₹9.19 crore GST fraud case, citing his cooperation and the completion of custodial interrogation.
Appellate Tribunal reduced a FEMA penalty against an NRI who received property sale proceeds in a resident account, citing the lack of fraudulent intent.
A Mumbai businessman, Tribhuwan Chittranjan Sinha, received bail in a Rs.9.19 crore GST fraud case, with the court noting his cooperation with the investigation.
