Corporate Law : Explore 81 FAQs on EDs actions in India: search, seizures, arrests, and court proceedings. Detailed insights from ED press release...
Corporate Law : Explore 571 FAQs on the Enforcement Directorate's (ED) functioning in India, covering its role, legislative framework, investigati...
Corporate Law : Allahabad High Court asserts that if Enforcement Directorate (ED) doesnt provide an ECIR copy, it should inform summoned individua...
Corporate Law : Explore the Delhi High Court's landmark judgment on property seizure by ED, emphasizing the lapse if the PMLA investigation extend...
Fema / RBI : Explore the power of the Enforcement Directorate to compound offences under FEMA. Learn more about the compounding and contraventi...
Finance : Enforcement Directorate's crackdown on illegal forex trading in Ahmedabad leads to seizures worth ₹242.39 Cr. Two arrests made, ...
Corporate Law : ED's crackdown on Mahadev APP money laundering network reveals staggering assets worth Rs 417 Crore. Learn about investigations an...
CA, CS, CMA : Directorate of Enforcement (ED) has taken a significant step in the Shakti Bhog Foods money laundering case by provisionally attac...
Finance : ED has provisionally attached immovable property valued at Rs.7.33 Crore under the provisions of the PMLA, 2002 relating to the di...
Finance : ED has conducted search actions on the 12 entities involved in Part time job fraud case located in Bengaluru and seized Rs. 5.85 C...
Corporate Law : Detailed analysis of Pirtpal Singh vs Directorate of Enforcement case by Punjab and Haryana HC, regarding PMLA prosecution based o...
Corporate Law : The contention of assessee-company that the person issuing the show cause notice i.e., Special Director was “the” Adjudicating...
Corporate Law : Dive into the legal intricacies of Sikandar Singh Vs Directorate of Enforcement case at Punjab and Haryana High Court. Explore key...
Corporate Law : SC court emphasized that while the High Court has the authority to quash proceedings under Section 482 of Cr.PC, such powers shoul...
Corporate Law : Supreme Court ruling states that an order restraining coercive action doesn't impede the Enforcement Directorate's investigation u...
ED has conducted searches in 3 premises pertaining to M/s Coda Payments India Pvt Ltd in connection with an ongoing investigation under PMLA, 2002 Press Release – 27.09.2022 Directorate of Enforcement (ED) has conducted searches in 3 premises pertaining to M/s Coda Payments India Pvt Ltd in connection with an ongoing investigation under Prevention of Money […]
Directorate of Enforcement (ED) has attached assets worth Rs. 2747.69 Crore in ABG Shipyard Limited case Press Release 22.09.2022 Directorate of Enforcement (ED) has attached assets worth Rs. 2747.69 Crore in ABG Shipyard Limited case. The attached assets include Shipyard at Surat and Dahej located in Gujarat, agricultural lands and plots, various commercial and residential premises […]
The HPZ Token was an App-Based Token which promised users of large gains against investment by investing in mining machines for Bitcoin and other cryptocurrencies.
ED has carried out search operations under PMLA, 2002 (on 10.09.2022) at 06 premises in Kolkata, in respect to an investigation relating to the Mobile Gaming Application. Cash amounting to Rs 17.32 Cr has been seized. Press Release 11.09.2022 Directorate of Enforcement (ED) has carried out search operations under the provisions of the Prevention of Money […]
ED carried out search operations on 02.09.2022 at 06 premises in Bengaluru, in respect to an investigation relating to Chinese Loan App Case
ED has seized immovable property at Thanjavur valued at Rs. 8.94 Crore belonging to M/s G V Films Limited, Chennai under FEMA, 1999 in connection with siphoning off foreign exchange in the guise of issuance of 6.4 million number of Global Depository Receipts (GDR) to the tune of Rs. 345.6 Crore. Press Release 01.09.2022 Directorate […]
ED searches the Director of WazirX Crypto-Currency Exchange & freezes its Bank assets worth Rs 64.67 Crore for assisting accused Instant Loan APP Companies in laundering of fraud money via purchase & transfer of virtual crypto assets. Press Release 05.08.2022 Directorate of Enforcement (ED) has conducted searches on one of the Directors of M/s Zanmai […]
Renu Devi Banka Vs Union of India (Calcutta High Court) By this writ petition, petitioners have challenged the impugned show-cause-notice dated 3rd February, 2022 issued by the Special Director, Directorate of Enforcement, Adjudicating Authority, Chandigarh, against the 24 persons who are third parties/ noticees and none of them are the petitioners in this Writ Petition […]
Vijay Madanlal Choudhary & Ors. Vs Union of India & Ors. (Supreme Court) (i) The question as to whether some of the amendments to the Prevention of Money-laundering Act, 2002 could not have been enacted by the Parliament by way of a Finance Act has not been examined in this judgment. The same is left […]
As per ED, Vivo deployed the technique of tax-loss harvesting by creating multiple shell/ dormant companies which were used to transfer its revenue domestically and further back-tracked them to China causing loss to Indian exchequer. It was also alleged that the officials at Vivo did not cooperate with ED.
