Tags : RBI, Central fraud registry, cell
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Provisioning pertaining to Fraud Accounts(18.04.2016)
Reserve Bank of India notified amendments to provisions in respect of Fraud Accounts. Banks making good amounts upon detection of fraud can adjust fin.....
Tags : fraud accounts, banks, adjustment, profit and loss
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SC: Appointment Secured on Basis of Fraudulent Caste Certificate is Void Ab Initio(16.03.2020)
Supreme Court has observed that an appointment secured based on a fraudulent caste certificate is void ab initio and Government Resolutions and Circul.....
Tags : Supreme Court, Fraudulent Caste Certificate
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Patna HC: Telecom Companies Violating TRAI Guidelines By Not Lodging FIRs in Cyber Frauds(13.01.2022)
Patna High Court has observed that the Telecom companies are violating the guidelines of the Telecom Regulatory Authority of India (TRAI) by not regis.....
Tags : Patna High Court, Lodging FIRs in Cyber Frauds
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J&K&L HC: Enquiry Before Termination Not Necessary if Appointment Obtained Fraudulently(06.12.2022)
Jammu and Kashmir and Ladakh High Court has held that if an appointment is non-est in the eyes of law or is based upon forgery and fraud, it is not ne.....
Tags : Jammu and Kashmir and Ladakh High Court, Termination, Fraudulently
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Cal. HC: Civil Court has Jurisdiction to Determine Title of Fraudulently Issued Shares(07.12.2022)
Calcutta High Court has held that under the Companies Act, 2013, Civil Courts have jurisdiction to enquire into allegations of fraud pertaining to the.....
Tags : Calcutta High Court, Civil Courts, Shared, Title, Fraud
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CIC Issues Summon to Secretary to L-G over RTI on Tax Fraud(22.09.2015)
Central Information Commission (CIC) while taking serious view of how an RTI application was handled by Lieutenant Governor secretariat, Information C.....
Tags : Central Information Commission,RTI on Tax Fraud
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Delhi HC Seeks Status Report to Investigate into Alleged Digital Fraud by Facebook(02.04.2021)
Delhi High Court has sought Delhi Police Cyber Cell's status report in a plea pertaining to alleged click fraud and other digital criminal frauds hatc.....
Tags : Delhi High Court, Alleged Digital Fraud by Facebook
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SEBI Imposes a Penalty of Rs 5 Crore on Mehul Chokshi in PNB Fraud(28.02.2020)
Securities and Exchange Board of India has slapped a penalty of Rs. 5 Crore on Gitanjali Gems Ltd. and its promoter, Mehul Chokshi for non- disclosure.....
Tags : Securities and Exchange Board of India, Mehul Chokshi, PNB Fraud
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Bombay HC Orders Release of Ex- ICICI Bank CEO Chanda Kochhar in Loan Fraud Case(09.01.2023)
Bombay High Court has ordered the release of former ICICI bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar in a petition alleging illegal.....
Tags : Bombay High Court, Chanda Kochhar, Illegal Arrest, Loan Fraud Case
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Delhi High Court Refuses to Quash Summons in GST Fraud Case(03.03.2022)
Delhi High Court has refused to quash the summons against a person accused of creating numerous fake firms and availing Input Tax Credit (ITC) fraudul.....
Tags : Delhi High Court, Summons in GST Fraud Case
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Delhi HC Directs SIT to Complete Investigation in Plea Seeking Inquiry into Banking Fraud(18.03.2020)
Delhi High Court has directed the Special Investigation Team to conclude investigation into banking frauds as expeditiously as possible and in all cir.....
Tags : Delhi High Court, Banking Fraud Cases
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Allahabad HC: Appointment in Public Services Secured Through Fraudulent Concealment Void Ab Initio(24.02.2022)
Allahabad High Court has held that when employment in a public service is obtained by playing fraud, the long continuation in such service would be im.....
Tags : Allahabad High Court, Fraudulent Concealment
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Delhi HC Orders Background Check of 21-Year-Old Student’s 68-Year-Old Foreign National ‘Wife’(26.10.2015)
Delhi HC on a plea filed by 21 year old man who is having 68-year-old foreigner “wife”,to allow extention of her visa in India, has found age differen.....
Tags : Delhi HC, green card fraud, human trafficking
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Delhi HC Upholds Extradition of NRI to United States in Bank Fraud Conspiracy Case(10.08.2017)
Delhi High Court has upheld order of extradition of an NRI to United States in a case alleging bank fraud conspiracy.
Tags : Delhi High Court, Bank Fraud Conspiracy
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SC: Before Classifying A/Cs as Fraud, Banks Must Give Borrowers Opportunity of Hearing(27.03.2023)
Supreme Court has held that principles of audi alteram partem, howsoever short, have to be applied before declaring a party as 'a fraudulent borrower'.....
Tags : Supreme Court, Audi Alteram Partem, Fraud, Bank
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NCLAT Upholds MCA's Move to Freeze Assets of Independent Directors in PNB Fraud Case(13.07.2018)
National Company Law Appellate Tribunal (NCLAT) has upheld Ministry of Corporate Affairs' plea to freeze assets of independent directors of companies .....
Tags : NCLT, PNB Fraud Case
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RBI Limits Consumer Liability In Cases Of Online Fraud(13.07.2017)
RBI has mandated Banks to urge their customers to mandatorily register for SMS alerts, and, wherever available, to register for e-mail alerts, for ele.....
Tags : RBI, Online Fraud
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Bombay High Court Directs SEBI to Inquire Role of FTIL in NSEL Payment Fraud(13.08.2015)
Bombay High Court has directed Security and Exchange Board of India(SEBI) to inquire role of Financial Technologies India Limited(FTIL) in Rs. 5574 cr.....
Tags : Bombay High Court,Security and Exchange Board of India,FTIL,NSEL Payment Fraud
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SEBI Slaps Rs 19 Lakh Fine on 2 Entities for Executing Fraudulent Trading(17.09.2019)
SEBI has imposed a total fine of over Rs 19 lakh on two entities for executing fraudulent trade in the illiquid stock option segment on the BSE. The e.....
Tags : SEBI, Fraudulent Trading
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SC Dismisses SFIO Plea to Cancel Bail of Nowhera Shaikh in Heera Exim Gold Scam Case(13.05.2022)
Supreme Court has dismissed the application filed by Serious Fraud Investigation Office (SFIO) seeking cancellation of bail granted to Nowhera Shaikh,.....
Tags : Supreme Court, Serious Fraud Investigation Office, Nowhera Shaikh, Heera Gold Exim Private Limited
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Kerala High Court Pulls Up Trial Court for Not Posting Total 4U Financial Fraud Case Promptly(23.12.2015)
Kerala High Court has observed that there was mistake on part of the trial court in not posting Total 4U financial fraud case promptly and directed Th.....
Tags : Kerala High Court , Total 4U Financial Fraud Case
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Delhi HC Grants Interim Protection From Arrest to SpiceJet Promoter Ajay Singh in Fraud Case(08.04.2022)
Delhi High Court has granted interim protection from arrest to Ajay Singh, SpiceJet Promoter in an alleged fraud case with regard to transfer of airli.....
Tags : Delhi High Court, interim protection, arrest, Ajay Singh, SpiceJet Promoter, fraud
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Ker. HC: KPSC Has No Power to Conduct an Enquiry into an Applicant's Caste Status(04.11.2024)
Ker. HC has observed that Kerala Public Service Commission (KPSC) has no power to conduct an enquiry into an applicant's caste status. If it suspects .....
Tags : Kerala High Court, Caste Status, Fraud
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SC: Can’t Set Aside Confirmed Sale Except for Fraud, Collusion, Inadequate Pricing(16.12.2024)
SC has explained that any sale by auction or other methods under SARFAESI Act once already confirmed/concluded ought not to be set-aside or interfered.....
Tags : Supreme Court, Sale Process, Fraudulent
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SC: Bank is Responsible to Safeguard Customers against Fraudulent Transactions(07.01.2025)
SC has stated that it is the responsibility of the bank to safeguard customers from unauthorized and fraudulent transactions and the Bank should remai.....
Tags : Supreme Court, Fraudulent Transactions, Safeguard Customers
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SC: NCLT to Exercise Power u/s 59 of Companies Act, if Applicant Victim of Open-and-Shut Fraud Case(11.09.2024)
Supreme Court has observed that if, on facts, an open-and-shut case of fraud is made out and the person seeking rectification of the register of membe.....
Tags : Supreme Court, Fraud Case, NCLT
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Gau. HC Issues Guidelines Regarding Release of Seized Money in Cyber Frauds or Crimes(08.10.2024)
Gau. HC has issued guidelines directing Trial Courts not to insist on registration of FIRs in matters already registered on NCRP on cyber frauds / cri.....
Tags : Gauhati High Court, Trial Courts, Cyber Frauds
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Cal. HC to Centre: Probe Fraud Committed by Railways to Obtain Favorable Award(09.08.2023)
Calcutta High Court while unconditionally stayed an arbitral award granted in favour of South Eastern Railways on ground of fraud perpetrated by collu.....
Tags : Calcutta High Court, Arbitral Award, Collusion, Fraud
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Gujarat High Court: Police is Not there to Conciliate Matters(11.02.2025)
Gujarat High Court while hearing a matter concerning alleged fraudulent transactions over sale of two plots where police allegedly asked the parties t.....
Tags : Gujarat High Court, Conciliate Matters, Fraudulent Transactions
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Bombay HC Stays ED’s Order to Freeze All Demat A/Cs of Accused in NSEL Fraud(24.01.2017)
Bombay High Court has stayed an order passed by Enforcement Directorate (ED) freezing all demat accounts and investments of Jignesh Shah-promoted comp.....
Tags : Bombay High Court, NSEL Fraud, 63 Moons Technologies Limited
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Bombay HC Expresses Displeasure Over Ineffective Function of Helpline Number for Fraud(06.03.2025)
Bombay High Court has expressed displeasure over the ineffective functioning of national helpline number '1930' for 'cyber fraud' and remarked that th.....
Tags : Bombay High Court, Helpline Number, Fraud
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Calcutta HC: Can Grant Unconditional Stay of Award if it is Induced by Fraud(10.03.2025)
Calcutta High Court has observed that an unconditional stay of award can be granted if it is affected or induced by fraud or corruption. However an ho.....
Tags : Calcutta High Court, Stay of Award, Fraud
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Gujarat High Court, Constitutional Validity, State Government(11.03.2025)
Gauhati High Court has observed that mere breach of contract cannot give rise to criminal prosecution for cheating unless fraudulent or dishonest inte.....
Tags : Gauhati High Court, Criminal Prosecution, Fraudulent Intention
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Supreme Court Declines to Interfere with High Court Order in Rs 7,200 Crore Satyam Fraud Case(15.10.2019)
Supreme Court has refused to interfere with the Hyderabad High Court’s order that set aside an Enforcement Directorate order provisionally attaching .....
Tags : Supreme Court, Satyam Fraud
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SC: Breach of Promise to Marry Doesn’t Amount to Rape Unless Fraudulent Intent Exists(26.03.2025)
Supreme Court while quashing a rape case against a man accused of forcible sex under the pretext of marriage, has observed that a breach of a promise .....
Tags : Supreme Court, Promise to Marry, Fraudulent Intent
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SC: Can’t Recover Excess Payments Made to Employee in Absence of Fraud or Misrepresentation(07.04.2025)
Supreme Court has observed that if an excess payment made to an employee was not on account of any fraud or misrepresentation on the part of the emplo.....
Tags : Supreme Court, Excess Payments, Fraud, Misrepresentation
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Delhi Court Denies Bail to Avantha Group Promoter Gautam Thapar in Yes Bank Loan Fraud Case(01.11.2021)
Delhi Court has rejected the bail application filed by Avantha Group Promoter Gautam Thapar in connection with the Yes Bank loan fraud case.
Tags : Delhi Court, Yes Bank Loan Fraud Case
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SC Orders BCI Probe After Party Denies Engaging Advocates in Fraudulent Settlement Case(13.08.2025)
The Supreme Court has ordered the Bar Council of India to conduct an inquiry after a litigant, Harish Jaiswal, claimed he never engaged lawyers who al.....
Tags : Fraudulent Settlement, Bar Council of India, Supreme Court, Forgery, Legal Ethics, Advocate-on-Record, Property Dispute, SLP Recall, Misrepresentation
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SC Clubs 81 FIRs Against Builder, Grants 6-Month Bail to Aid Settlement with Home Buyers(18.08.2025)
SC has clubbed 81 FIRs against builder Alok Kumar in ?13.94cr fraud case and granted 6-month bail to enable settlement with home buyers. Court said pr.....
Tags : Supreme Court, FIR Clubbing, Alok Kumar, Real Estate Fraud, Home Buyers, Temporary Bail
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SC: NCLT Can Probe Fraud Allegations & Document Validity in Oppression and Mismanagement Cases(03.09.2025)
Supreme Court has ruled that NCLT can investigate fraud allegations and document validity in oppression and mismanagement cases. It noted that if a ma.....
Tags : Supreme Court, NCLT, Fraud, Oppression
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RBI Amends Norms on Bank Frauds(19.04.2016)
Reserve Bank of India (RBI), while amending disclosure norms, has asked banks to disclose fraud cases and make provisions for them not exceeding four .....
Tags : Reserve Bank of India, Bank Frauds
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RBI Operationalise CFR(22.01.2016)
Reserve Bank of India (RBI), in order to minimize frauds, has operationalised a Central Fraud Registry (CFR) with effect from January 20.
Tags : Reserve Bank of India, Central Fraud Registry
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Madras HC to Police: Register Case for Fraudulent Appointment in Panchayat Office(28.07.2022)
Madras High Court has directed the jurisdictional police to register a criminal case and proceed according to the law in the matter pertaining to frau.....
Tags : Madras High Court, Police, Fraudulent Appointment, Panchayat
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SC: Courts Should Refrain from Interfering With Invocation of Bank Guarantee Except in Cases of Fraud(08.05.2025)
Supreme Court has observed that it is well established that Courts should refrain from interfering with the invocation of a bank guarantee except in c.....
Tags : Supreme Court, Bank Guarantee, Fraud
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