Whether the Enforcement Directorate should be granted a hearing before a predicate offence is quashed? The Supreme Court is set to consider this issue. The Court said that this issue raised by.
A PMLA court in Mumbai granted bail to Yes Bank Founder Rana Kapoor in a Rs 200 Crore loan fraud case. Special Judge MG Deshpande granted him bail on a PR bond of Rs 1 lakh. However, he will not.
High Court said if ED comes to a conclusion that an offence other than money laundering has been committed, it would be obliged to furnish the information to the concerned agency.
The Bombay High Court recently ordered that no coercive action be taken till January 31 against Jet Airways founder Naresh Goyal and his wife Anita Goyal in a money laundering case registered by ED.