The Enforcement Directorate has said that consortium of banks which is led by the State Bank of India, have recovered over one thousand crore rupees from the sale...
Delhi court has issued an order of the attachment of fugitive Vijay Mallya’s properties in Bengaluru in a case relating to FERA, Foreign Exchange Management Act violations...
The UK home secretary has ordered the extradition of Vijay Mallya over allegations of £1bn fraud. The UK home secretary noted that Vijay Mallya, the first to be...
Former liquor baron Vijay Mallya has become the first Indian businessman to be declared a Fugitive Economic Offender (FEO) under the newly enacted Fugitive Economic Offenders Act of...
The Prevention of Money Laundering (PMLA) court in Mumbai has declared Vijay Mallya as a Fugitive Economic Offender. Vijay Mallya is the first businessman to be charged under the...
Each of the two Houses of Parliament has an ethics committee. They deal with the members’ conduct. These panels were recently looking into complaints against Amethi MP Rahul...
The Central Board of Direct Taxes (CBDT) has constituted 5-member working group (committee) to examine taxation aspects related to High Net Worth Individuals (HNWIs) who are migrating abroad...
The Union Cabinet has approved introduction of Fugitive Economic Offenders Bill, 2018 in Parliament. The bill proposed by Finance Ministry aims to curb practice of evading criminal prosecution...
India and the United Kingdom (UK) have recently signed two agreements on return of Indians, who are living in Britain as illegal migrants and sharing criminal records and...
The Union Law ministry has approved Fugitive Economic Offenders Bill, 2017 to empower government to confiscate property of economic offenders and defaulters who flee India. The Bill seeks...
