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Curtains on 'historic' NSEL fraud case, NCLT okays 1,950-cr settlement

India, Nov. 29 -- Calling curtains on one of the biggest financial crises in India's commodity markets, the National Company Law Tribunal (NCLT) on Friday approved a one-time settlement proposed by th... Read More


nclt okays nsel's Rs.1.9k cr one-time settlement plan

MUMBAI, Nov. 29 -- Calling curtains on one of the biggest financial crises in India's commodity markets, the National Company Law Tribunal (NCLT) on Friday approved a one-time settlement proposed by t... Read More


ED restores Rs.520 cr in Cox & Kings case

MUMBAI, Nov. 29 -- The Enforcement Directorate (ED) has returned assets worth Rs.520.80 crore to the legitimate claimant in its money-laundering probe against travel firm Cox & Kings Ltd (CKL), its pr... Read More


NSEL gets NCLT nod for Rs.1,950 cr trader settlement

MUMBAI, Nov. 29 -- The National Company Law Tribunal (NCLT) on Friday approved a one-time settlement between National Spot Exchange Limited (NSEL), the commodities exchange which collapsed in 2013 aft... Read More


nclt okays nsel's Rs.1.9k cr one-time settlement plan

MUMBAI, Nov. 29 -- Calling curtains on one of the biggest financial crises in India's commodity markets, the National Company Law Tribunal (NCLT) on Friday approved a one-time settlement proposed by t... Read More


ED restores rRs.r520.80 crore to claimant in Cox & Kings money laundering case

India, Nov. 29 -- The Enforcement Directorate (ED) has returned assets worth Rs.520.80 crore to the legitimate claimant in its money-laundering probe against travel firm Cox & Kings Ltd (CKL), its pro... Read More


Spl court closes money laundering probe into dispute between 2 firms

India, Nov. 28 -- A special Prevention of Money Laundering Act (PMLA) court has closed a money laundering probe related to a financial dispute between a non-banking financial company and a Gujarat-bas... Read More


financial firm, juice maker dispute probe closed by court

MUMBAI, Nov. 28 -- A special Prevention of Money Laundering Act (PMLA) court has closed a money laundering probe related to a financial dispute between a non-banking financial company and a Gujarat-ba... Read More


ED attaches assets worth rRs.r1,452 cr in probe against RCOM, group firms

India, Nov. 21 -- The Enforcement Directorate (ED) has provisionally attached assets worth Rs.1,452.51 crore as part of its money laundering probe into alleged cases of bank fraud involving Reliance C... Read More


ED's attachment of Bengaluru flat in Kingfisher Airlines probe is lawful: Karnataka HC

India, Nov. 21 -- In a relief for the Enforcement Directorate (ED)'s Mumbai unit probing the Rs.9,200-crore bank loan default cases of Vijay Mallya's defunct Kingfisher Airlines Limited (KAL), the Kar... Read More