The Delhi High Court sentenced actor Rajpal Yadav to three months’ simple imprisonment in seven cheque bounce cases for repeatedly breaching settlement undertakings. The Court also directed him to pay Rs 7.35 crore in compensation, while his wife was fined over Rs 5 lakh in each case.
Refusing bail in a cyber fraud case involving over Rs.3 crore, the Supreme Court termed cyber criminals “parasites” who dupe innocent people through phishing links and fake banking portals. CJI Surya Kant held that society’s interest lies in keeping such accused behind bars during trial, given the nationwide impact of cyber fraud.
A Delhi Karkardooma Court rejected the bail plea of Deepak Vats, accused of cheating a Haryana judicial officer of over Rs 52 lakh in a case allegedly originating on Tinder. The Court observed that the allegations were consistent with a suspected honey-trap scheme and made strong remarks on the investigation.
A Special CBI Court remanded Amitabh Jhunjhunwala, former Group Managing Director of Reliance Communications, to CBI custody until June 5 in an alleged bank loan fraud case. The agency sought custodial interrogation as part of its investigation into a suspected large-scale financial fraud involving Reliance Communications and related group entities.
The Supreme Court of India observed that industrialist Anil Ambani cannot be arrested merely to sensationalise alleged bank fraud cases, stressing that arrest decisions must depend on investigative necessity and remain within the discretion of investigating agencies handling the matter.
Today, On 16th April, The Supreme Court dismissed Anil Ambani’s plea against the fraud classification of his loan accounts under RBI’s 2024 Master Directions. The CJI remarked, “Hard earned money has been siphoned. Did you make good losses of banks and financial institutions?”
The Supreme Court of India made interim bail permanent for journalist Mahesh Langa in an ED-linked money laundering case. Court imposed strict conditions, including no media writing on sub-judice matters and full cooperation with trial.
The Supreme Court of India ruled consumer forums cannot decide fraud or forgery disputes in banking transactions like unauthorized fixed deposit pledges. Justices PS Narasimha and Manoj Misra said such cases belong in civil or criminal courts.
The Supreme Court directed the Delhi High Court to decide Leena Paulose’s bail plea within three weeks in the Rs 200 crore extortion case, after her counsel informed Justices MM Sundresh and N Kotiswar Singh that it had remained pending over a year.
In a rare and significant order, the Delhi High Court protected senior advocate Vikas Pahwa’s personality and publicity rights after his identity was misused for financial fraud. The ruling recognises that a lawyer’s reputation is built on “integrity, courtroom conduct, and trust”, not commercial endorsements.
