The Bombay High Court granted industrialist Anil Ambani interim protection from prosecution and penalties in a tax-evasion case while admitting his petition challenging provisions of the Black Money Act. Ambani contends that certain provisions of the law are unconstitutional and violate the Constitution of India.
The Special PMLA Court in Ranchi rejected Jharkhand Chief Minister Hemant Soren’s discharge plea in a money-laundering case linked to an allegedly illegally acquired land parcel. The Court found that the ED had placed sufficient evidence and key witness statements on record to justify proceeding with the case.
The Karnataka High Court held that the Enforcement Directorate must strictly comply with statutory requirements before provisionally attaching property under the PMLA, emphasizing that mere reproduction of legal provisions cannot replace genuine application of mind or justify attachment without specific material supporting such action.
