HC upholds ED proceedings against former Minister Katta, family
Updated:
Updated:
Contention that he could not have been proceeded under PML Act rejected
Share Article
Contention that he could not have been proceeded under PML Act rejected
In a setback to the former Minister Katta Subramanya Naidu, the High Court of Karnataka has upheld the proceedings initiated by the Enforcement Directorate (ED) against him, his wife, and eight other family members on the allegation of money laundering.
“There is absolutely no basis for the petitioners to seek quashing of the attachment and consequent confiscation proceedings initiated against them on the purported plea that the same is violative of Article 20(1) of the Constitution of India. No legal right having been accrued in favour of the petitioners to hold on or to enjoy the proceeds of crime, the source of which cannot be explained by them,” the court observed.
HC imposes cost on Yogeshwar
Updated:
Updated:
Share Article
AAA
The High Court of Karnataka has imposed a cost on C.P. Yogeshwar (in picture), MLC, and others for repeatedly approaching the court in multifarious proceedings seeking relief in criminal cases registered against them for cheating, forgery, and other offences by the Serious Fraud Investigation Office (SFIO) in the alleged scam related to Megacity (Bangalore) Developers and Builders Ltd.
Justice John Michael Cunha passed the order while dismissing the petitions filed by Mr. Yogeshwar, his brother C.P. Gangadhareshwar, and six others, while imposing a cost of ₹3,000 each for each petition filed by them for questioning an order of taking cognisance of offence against them in 2012 by the special court for economic offences. Mr. Yogeshwar was managing director of the firm.