Today, On 8th September, The Supreme Court has sought responses from the Gujarat government and the Enforcement Directorate on journalist Mahesh Langa’s bail plea in a money laundering case. The bench remarked, “Some claim to be ‘patrakar’ on scooter, everyone knows what they do.”
The Supreme Court of India denied bail to actress Leena Maria Paul, who cited tuberculosis as a reason for urgent medical treatment. Her case involves financial fraud linked to conman Sukesh Chandrasekhar. The court stated that the Delhi High Court would handle her plea without interference at this stage.
The Bombay High Court has extended the interim stay on an order directing an FIR against former SEBI chairperson Madhabi Puri Buch and five others over alleged stock market fraud from 1994. The court criticized the original order as lacking specificity and is allowing the accused time to review the complaint details.
New Delhi: Today, 19th March, The Supreme Court has asked the Central Bureau of Investigation (CBI) to present its stance on a plea demanding a thorough investigation into alleged financial fraud by Kolkata-based SREI Group. The plea claims that the company engaged in fund mismanagement, including round-tripping money through a private trust and misusing public funds taken from various banks.
The Delhi High Court on Monday (23rd Dec) ordered the suspension of fraudulent social media accounts and websites falsely offering Reliance Retail dealership applications. The court tasked the cyber cell to investigate and report back, while also directing banks to suspend associated accounts. Victims reported financial losses due to the scams, prompting legal action against the impersonators.
Two individuals, Sourish Bose and Deepanvita Ghosh, are accused of defrauding Amazon of over Rs. 69 lakh by purchasing items, initiating returns, and returning fake products instead of originals. The Karnataka High Court described their actions as “ingenious” and has reserved its decision on their petition to quash the FIR against them.
![[Valmiki Corporation Scam] Karnataka HC Rejects State's Claim of Centre-State Dispute in Union Bank's CBI Probe Plea](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/09/image-409.png?resize=447%2C367&ssl=1)
Today(24th Sept), The State of Karnataka opposed the Union Bank of India’s petition in the Karnataka High Court for a CBI probe into the alleged multi-crore Maharishi Valmiki Corporation scam, arguing it was a dispute between the State and the Centre. Senior Counsel BV Acharya cited a Supreme Court judgment to support this claim, but Justice M Nagaprasanna stated he would hear the matter on both maintainability and merits, disagreeing with the State’s position.
