ED restored assets worth Rs 100 Crore [approx.] to Liquidator of Pixion Media Ltd. [on behalf of the banks]. The assets were provisionally attached by ED under Section 5 of Prevention of Money Laundering Act (PMLA) as the erstwhile promoters had cheated the Banks and siphoned off the bank funds for private investments. The Hon’ble Court accepted the submissions made by ED and vide order dated 29.01.2025 restored the properties worth Rs. 100 Crore [approx.] to the liquidator of M/s Pixion Media Pvt Ltd and M/s Pearl Vision Pvt Ltd

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Press Release 30.01.2025 Directorate of Enforcement [ED] restored assets worth Rs 100 Crore [approx.] to Liquidator of Pixion Media Ltd. [on behalf of the banks]. The assets were provisionally attached…

Continue ReadingED restored assets worth Rs 100 Crore [approx.] to Liquidator of Pixion Media Ltd. [on behalf of the banks]. The assets were provisionally attached by ED under Section 5 of Prevention of Money Laundering Act (PMLA) as the erstwhile promoters had cheated the Banks and siphoned off the bank funds for private investments. The Hon’ble Court accepted the submissions made by ED and vide order dated 29.01.2025 restored the properties worth Rs. 100 Crore [approx.] to the liquidator of M/s Pixion Media Pvt Ltd and M/s Pearl Vision Pvt Ltd

ED, Headquarters Office has filed the Prosecution Complaint (PC) before the Hon’ble Special Court (PMLA), Ghaziabad against Gian Chand and other 7 persons in the matter of illegal mining case pertaining to Beas River, Himachal Pradesh and Yamuna River, Saharanpur (UP). The Hon’ble Court has taken the cognizance of the PC on 17.01.2025

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Press Release 30.01.2025 Directorate of Enforcement (ED), Headquarters Office has filed the Prosecution Complaint (PC) in the matter of illegal mining case pertaining to Beas River, Himachal Pradesh and Yamuna…

Continue ReadingED, Headquarters Office has filed the Prosecution Complaint (PC) before the Hon’ble Special Court (PMLA), Ghaziabad against Gian Chand and other 7 persons in the matter of illegal mining case pertaining to Beas River, Himachal Pradesh and Yamuna River, Saharanpur (UP). The Hon’ble Court has taken the cognizance of the PC on 17.01.2025

ED, Shillong has conducted search operations on 28.01.2025 under the provisions of PMLA, 2002 in several places in Guwahati and Kolkata connected to illegal coke plants in Meghalaya which were shut down due to an order of the Meghalaya High Court in PIL No. 14 of 2022. During the searches, cash amounting to Rs.14.2 Lakh and various incriminating documents have been found and seized

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PRESS RELEASE 30.01.2025 Directorate of Enforcement (ED), Shillong Sub Zonal Office has conducted search operations on 28.01.2025 under the provisions of Prevention of Money Laundering Act (PMLA), 2002 in several…

Continue ReadingED, Shillong has conducted search operations on 28.01.2025 under the provisions of PMLA, 2002 in several places in Guwahati and Kolkata connected to illegal coke plants in Meghalaya which were shut down due to an order of the Meghalaya High Court in PIL No. 14 of 2022. During the searches, cash amounting to Rs.14.2 Lakh and various incriminating documents have been found and seized