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.
PMLA tribunal orders ED to release seized BMW X7 in Hemant Soren land scam case, citing lack of proof linking the luxury car to money laundering.
08 October, 2025 08:06 PMSC orders immediate release of life convict who served 22 years for a murder committed to uphold family honour, citing Maharashtra remission guidelines.
08 October, 2025 08:19 PMSC seeks Centre’s response on plea to remove Assam BJP video allegedly vilifying Muslims; petition says it spreads hate and communal disharmony.
08 October, 2025 09:10 PMTVK moves Supreme Court seeking independent probe into Karur stampede that killed 41; challenges Madras HC’s order forming state-led SIT.
08 October, 2025 08:28 PM