PMLA – Bhartiyanews24x7

17Jul

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Politics

How This SC Verdict Can Change ED’s Powers Under PMLA, Validity Of Aadhaar Act And LIC IPO

The CJI DY Chandrachud while addressing a recent mentioning in the Supreme Court said that he will soon be constituting a seven-judge constitutional bench to decide on the petitions concerning the issue of Laws passed by the Parliament as Money Bills. The matter of Money Bill first courted controversy when the Narendra Modi led government passed the Aadhaar Act in 2016 by the route of money bill. It was alleged that the said changes did not qualify to be introduced as Money Bills and Source link

ED attaches fresh assets in PMLA case against Uttar Pradesh-based bike taxi aggregator

Representational image only. | Photo Credit: Photo Credit: X/@dir_ed The Enforcement Directorate (ED) on June 27 said it has attached fresh assets worth more than ₹5 crore as part of a money-laundering investigation against an Uttar Pradesh-based bike taxi aggregator and its promoters.“A provisional order under the Prevention of Money Laundering Act (PMLA) has been issued against the company, Hello Ride Limited, its directors, presidents, agents and others,” the ED said in a statement.“The attached properties, which include agricultural land and plots, are located in Prayagraj, Kanpur and Lucknow in Uttar Pradesh. The total value of these properties is ₹5.35 crore,” it said.The ED had earlier frozen properties worth ₹2.38 crore in this case and the total attachment now stands at ₹7.73 ...

ED files chargesheet against slain don Vikas Dubey and his family | India News – Times of India

LUCKNOW: Directorate of Enforcement, Lucknow had filed a prosecution complaint (PC) which is equivalent to police’s chargesheet against slain don Vikas Dubey, and his wife Richa Dubey and his five other gang members under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.ED had lodged a PMLA case against Vikas Dubey and his aides on September 14, 2020.Vikas Dubey, all his family members along with Jaikant Bajpai, his family members and his associates were booked.ED initiated investigation on the basis of FIRs registered by UP Police under various sections of Indian Penal Code, 1860 in relation to several cases of murder, forgery, cheating, embezzlement of funds, extortion etc.ED investigation revealed that Vikas Dubey along with his aides was involved in various kind...