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...

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,...

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...

Supreme Court Issues Notice In Plea Against High Court Order Quashing Gameskraft Executives' Arrests

The Supreme Court on Monday issued notice on the Enforcement Directorate's challenge to the Karnataka High Court order quashing the arrests of Gameskraft founder Deepak Singh and company executives Vikas Taneja and Prithvi Raj Singh in a money laundering case arising from alleged losses suffered by users of the company's online gaming platforms.A Division Bench of Justices M.M. Sundresh and P.B. Varale issued notice on the ED's plea and directed the executives to respond to the challenge.The...

Supreme Court Refuses To Interfere With Denial Of Anticipatory Bail To PACL Promoter's Daughter In ₹48,000 Crore PMLA Case

The Supreme Court on Friday refused to interfere with the Delhi High Court's order denying anticipatory bail to Barinder Kaur, daughter of late PACL promoter Nirmal Singh Bhangoo, in the ₹48,000 crore PMLA case arising from the alleged Pearls Agrotech Corporation Limited investment fraud and money laundering case.The case arises from allegations that PACL and Pearl Golden Forest Ltd. collected more than ₹48,000 crore from investors through purported land schemes.A Division Bench of Justices M.M....

Supreme Court Refuses To Interfere With Rajasthan HC Order Denying Ex-MLA Baljeet Yadav Bail In PMLA Case

Today, a Division Bench of the Supreme Court comprising Justices Dipankar Datta and Sheel Naguthe refused to interfere with the Rajasthan High Court's denial of bail to former MLA Baljeet Yadav in a money laundering case arising from alleged irregularities in the procurement of sports equipment for 32 government schools using MLA-LAD funds.The Court however, directed the trial court to to conclude the trial as early as possible, in accordance with law. "We are not inclined to interfere with...

Vivo Executive Moves Supreme Court After Delhi HC Denies Travel To China Over ₹20,000 Cr. PMLA Case

On 17 August, Guangwen Kuang, a executive of Vivo Mobile Communications filed a Special Leave Petition (SLP) before the Supreme Court challenging the Delhi High Court's refusal to permit him to travel to Guangzhou, China, where his 82-year-old father is ill.The Delhi High Court's order dated 9 July 2026 refused permission citing the alleged proceeds of crime, his status as a Chinese national and the absence of an extradition treaty or Mutual Legal Assistance Treaty between India and China....

Supreme Court Reserves Verdict On Concast Steel MD's Bail Plea In ₹6,210 Crore Money Laundering Case

The Supreme Court on Wednesday reserved its verdict on the bail plea of Sanjay Kumar Surekha, Chairman and Managing Director of Concast Steel and Power Ltd. (CSPL).Surekha has been in custody since December 18, 2024, in an Enforcement Directorate money laundering case. The case concerns the alleged diversion and laundering of ₹6,210.72 crore.Surekha is challenging the Calcutta High Court's November 14, 2025, order rejecting his bail plea.The High Court had found prima facie material indicating...

Supreme Court Refuses To Interfere With HC Order Governing Use Of TMC Bank Accounts Frozen Under PMLA

The Supreme Court on Tuesday refused to interfere with the Calcutta High Court's July 20 order refusing interim relief to the All India Trinamool Congress (AITC) against the Enforcement Directorate's freezing of three of its bank accounts in a money laundering investigation.A bench of Justices MM Sundresh and PB Varale was hearing the AITC's challenge to the July 20 order of the Calcutta High Court, which refused to grant interim relief against the ED's July 7 freezing order, as well as the July...