Investor Vishvanidhi Dalmia accused of colluding with NSEL's prime accused Jignesh Shah, as revealed in Maharashtra Government's affidavit filed in Bombay High Court.
Read Full ArticleEconomicOffencesWingofMumbaiPolicewhowas subsequently investigating the matter, had filed 3 charge sheets but not a single rupee has been traced by money trail to the petitioner as a promoter not the petitioner was named as an accused. The High Court relied on the Carona Limited v. M/s. Parvathy Swaminathan and Sons had concluded that the NSEL is not a Financial Establishment and therefore, the petitioner who is a promoter of the said establishment cannot be proceeded under the provisions of MPID Act. Hence, we are constrained to quash and set aside the action to which the petitioner is subjected to by taking recourse to the provisions of MPID Act.
Delhi HC issues notice on Priya Kapur’s plea to dismiss Rani Kapur’s suit alleging a fraudulent family trust to divert late Sunjay Kapur’s estate.
12 February, 2026 04:32 PM
SC cancels HC bail, lays down disclosure rules for criminal antecedents in bail pleas to curb suppression of material facts.
12 February, 2026 06:04 PM
Allahabad High Court stayed proceedings against MLA Abbas Ansari under Section 174-A IPC over alleged non-compliance with proclamation proceedings.
12 February, 2026 05:08 PM
Supreme Court notifies 2026 guidelines for Senior Advocate designation, abolishing point system and interviews; introduces holistic evaluation process.
12 February, 2026 04:00 PM
Telangana High Court quashes case against girlfriend, holds she is not a “relative” under Section 498A IPC and cannot be charged with stalking under Section 354D.
12 February, 2026 04:46 PM
Supreme Court quashes SC/ST Act charges for lack of caste-based intent; holds CrPC standards on discharge and framing of charges continue under BNSS.
12 February, 2026 06:30 PM
![Investor Vishvanidhi Dalmia accused of collusion in NSEL Scam, Maharashtra Govt Affidavit reveals [Read Affidavit]](/secure/uploads/2024/07/lj_5854_dalmia2.webp)
