Supreme Court Grants Bail To Sahara Group Functionary In ₹76 Crore Money Laundering Case

The Supreme Court on Friday granted bail to Anil Vailaparampil Abraham, a former senior functionary of the Sahara Group, in a money laundering case linked to the alleged diversion of ₹76.29 crore in connection with the sale of Sahara Prime City property in Berhampur, Odisha. The Calcutta High Court on July 24, 2026 dismissed the bail plea, holding that Abraham failed to satisfy the twin conditions under Section 45 of the Prevention of Money Laundering Act. It observed that the petitioner's...

Delhi High Court Grants Bail To Former RCOM Executive In Alleged ₹149.77 Crore Money Laundering Case

The Delhi High Court on Thursday granted regular bail to former Reliance Communications (RCOM) executive Punit Narendra Garg in a money laundering case involving alleged diversion of loan funds used to acquire a yacht and an overseas apartment. The Enforcement Directorate (ED) has alleged that transactions involving these assets and payments towards his daughters' educational expenses generated proceeds of crime worth approximately ₹149.77 crore.Justice Sanjeev Narula held that Garg's...

Bombay High Court Directs ED To Issue NOC For Society Redevelopment Despite PMLA Attachment Of One Flat

The Bombay High Court on 13 October directed the Enforcement Directorate (ED) to issue a No-Objection Certificate (NOC) to Antaral Co-operative Housing Society within six weeks for redevelopment of its building, subject to safeguards preserving the ED's rights over an attached flat. A Division Bench of Justices Bharati Dangre and Ashish S. Chavan allowed the Society's writ petition based on its undertaking dated 24 September 2026 to comply with the stipulated safeguards. The judges said: “We...

Kerala High Court Dismisses Ex-CM Pinarayi Vijayan's Plea To Appeal Against FIR Direction In CMRL-Exalogic Case

The Kerala High Court on Thursday dismissed the leave petitions filed by former Chief Minister Pinarayi Vijayan, his daughter Veena Vijayan and former Minister Mohammed Riyas, seeking permission to appeal against a Single Bench order directing the registration of an FIR against them in the CMRL Exalogic case.On October 9, a Single Judge Bench of Justice A. Badharudeen directed the registration of an FIR against Pinarayi Vijayan, Veena Vijayan, and Mohammed Riyas over alleged offences under the...

Delhi High Court Denies Anticipatory Bail To Raheja Developers' Ex-Director In ₹2,425 Crore Money Laundering Case

The Delhi High Court on Thursday denied anticipatory bail to Nayan N. Raheja, former director of Raheja Developers Ltd. (RDL), in a money laundering case involving alleged proceeds of crime worth ₹2,425.99 crore.Justice Amit Bansal passed the order on Raheja's anticipatory bail application challenging the Saket District Court's September 19, 2026 order rejecting Raheja's anticipatory bail plea.“Consequently, the present bail application is dismissed.", the High Court said while...

Supreme Court Grants Bail To Concast Steel MD Sanjay Surekha In ₹6,210 Cr PMLA Case

The Supreme Court on Wednesday granted bail to Sanjay Kumar Surekha, Chairman and Managing Director of Concast Steel and Power Ltd. (CSPL), in a money laundering case involving alleged proceeds of crime worth ₹6,210.72 crore.The Supreme Court on August 12 reserved its judgment on Sanjay Surekha's challenge to the Calcutta High Court's November 14, 2025 order rejecting his bail plea in a money laundering case involving alleged proceeds of crime worth ₹6,210.72 crore. A Bench of Justices...

ED Moves Supreme Court Against Order Quashing FIR, ED Case Against NewsClick, Prabir Purkayastha

The Enforcement Directorate (ED) has moved the Supreme Court challenging the Delhi High Court's decision to quash the FIR against digital news platform NewsClick and its founder, Prabir Purkayastha. The High Court had also quashed the money laundering proceedings arising from allegations of irregularities in foreign funding.The special leave petition filed by ED on October 8 is yet to be listed before the Supreme Court. The challenge is against the High Court order by Justice Neena Bansal...

Supreme Court Dismisses PIL Seeking Probe Into Overseas Funds Flowing Into Indian Equities, Adani Deals

The Supreme Court on Friday dismissed a Public Interest Litigation (PIL) filed by former journalist Ketan Tirodkar seeking an investigation into alleged overseas fund flows into the Indian equity market, including transactions involving Adani Group entities.A Bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and V. Mohana at the outset, questioned why the petitioner had approached the Supreme Court directly instead of pursuing the remedy available before the Bombay High Court,...

Kerala High Court Orders FIR Against Pinarayi Vijayan, Daughter In CMRL-Exalogic Case

The Kerala High Court on Friday directed the registration of an FIR against Pinarayi Vijayan, his daughter Veena Vijayan, and former minister Mohammed Riyas in the CMRL-Exalogic case over alleged offences under the Prevention of Corruption Act. Justice A. Badharudeen passed the order on a petition filed by advocate K.M. Shajahan, who sought an FIR based on material forwarded by the Enforcement Directorate (ED). The petitioner also sought to transfer the investigation to the Vigilance and...

PMLA Not Meant For Private Property Disputes, ED Must Prioritise Public Money Cases: Madras High Court

On 6 October, the Madras High Court observed that the stringent provisions of the Prevention of Money Laundering Act (PMLA) are not meant to be invoked in disputes that are essentially between private individuals over private property, and that the Enforcement Directorate should prioritise cases involving public money, corruption and scams of national consequence. Justice N Ramesh granted bail to Ala Alagappan, the third accused in an ED money laundering case arising from allegations that his...

Supreme Court Issues Notice On ED Plea Against Bail To Ex-Best Foods MD In ₹1,740 Cr PMLA Case

The Supreme Court on Tuesday issued notice on the Enforcement Directorate's plea challenging the Delhi High Court order granting bail to Dinesh Gupta, former Managing Director of Best Foods Ltd.The case concerns alleged diversion and siphoning off of loan funds obtained from a consortium of banks led by the State Bank of India, resulting in an outstanding liability of about ₹1,740.30 crore. The ED alleges that Gupta while in control of Best Foods and related entities, diverted the loan funds...

Supreme Court Disposes Of PIL Seeking PMLA, Benami Action Against Fake Drug Manufacturers

The Supreme Court has disposed of a PIL seeking time-bound assessment and confiscation of properties of fake drug manufacturers, sellers, financiers, and their family members under money laundering, benami property and black money laws. The PIL also sought completion of investigations into fake drug cases within three months and trials within one year. It sought standard procedures for the search, seizure and sampling of adulterated and spurious medicines. A Bench comprising Chief Justice of...