A consortium of six public sector banks has agreed to pump in Rs 1,000 crore to complete pending projects of the embattled Amrapali Group, the Supreme Court was informed during a hearing on November … READ FULL STORY
A Supreme Court bench of justices Arun Mishra and UU Lalit, on August 1, 2018, directed the Amrapali Group of companies to place before it, details of all its bank accounts from 2008 till … READ FULL STORY
The Fugitive Economic Offenders Bill, 2018, was passed by a voice vote in the Rajya Sabha, on July 25, 2018. The Lok Sabha had cleared it on July 19, 2018. With the new law, … READ FULL STORY
Over 780 benami asset attachments worth crores of rupees, run the risk of being invalidated in the near future, as the government has failed to create a designated adjudicating authority for over a year-and-a-half … READ FULL STORY
The Supreme Court, on February 6, 2017, directed attachment of the Sahara Group’s Aamby Valley property in Pune, for realisation of money to be paid to its investors. The apex court also asked the … READ FULL STORY