Bombay HC overturns Bank of India’s fraud declaration against Pune Buildtech, ET LegalWorld
File photo The Bombay High Court has declared ank of India’s decision to declare Pune Buildtech Pvt Ltd ‘fraud’ as null and void and also the inclusion of the realty firm’s name in any such list/communication blacklisting the company from availing of institutionalised credit as null and void. In another separate order, the court has […]
Journalist held in GST fraud case moves Gujarat HC against magistrate’s 10-day remand order, ET LegalWorld
The Gujarat High Court on Friday heard a plea moved by a senior journalist arrested in a Goods and Services Tax (GST) fraud case challenging a 10-day remand order of a magistrate court. The Ahmedabad crime branch arrested Mahesh Langa, a senior journalist with a leading newspaper, in the fraud case on October 8. After […]
Fraud Charges Filed Against Supertech Limited and Managing Director RK Arora, ET LegalWorld
A Delhi court recently ordered the framing of charges for the offence of fraud against real estate company Supertech Limited, its managing director RK Arora, and two agents of the company. Gaurav Vij, the complainant, alleged that he was promised returns on investment and invested Rs 11.8 lakh in 2013, but the funds were diverted […]
Delhi HC grants conditional bail to Dheeraj Wadhawan in DHFL multi-crore bank loan fraud case, ET LegalWorld
The Delhi High Court on Monday granted bail to Dheeraj Wadhawan in connection with the DHFL multi-crore bank loan fraud case. The court, while giving a relief to Wadhawan, said, “bail application is allowed as it falls within the category of sick person. Trial court is set aside.” However, it laid out certain conditions. The […]
Court grants bail to 9 persons accused in USD 15 million cyber fraud case, ET LegalWorld
The Rouse Avenue court on Thursday granted bail to nine accused persons in a transnational cyber fraud case. This case is linked to an alleged fraud committed against US citizens worth USD 15 million. In July this year, the CBI arrested 43 accused people from a Gurugram call centre in connection with the case. Special […]