Tags : RBI, Central fraud registry, cell
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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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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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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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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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COMPANY - SC: Companies Act Does Not Stipulate Any Fixed Period for Completion of Serious Fraud Investigation(28.03.2019)
SC while holding that there is no stipulation of any fixed period for completion of a Serious Fraud investigation observed that stipulation in Section.....
Tags : Supreme Court, Section 212(3) of the Companies Act, 2013, Serious Fraud investigation
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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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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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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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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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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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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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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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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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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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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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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 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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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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Judgments
Burden of proof to establish that transaction was entered into by pardanashin lady, after clearly understanding its nature, rest upon person who seeks to sustain a transaction(30.04.2018)
In instant case, Defendant No. 1 is the Appellant against a confirming judgment. Plaintiffs-Respondent Nos. 1 and 2 instituted the suit for declaratio.....
Tags : Gift deed, Execution, Fraud
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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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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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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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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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Cenvat cannot be denied, when records are not held to be untrue or falsified(13.12.2019)
The brief facts of the case are that, the Appellant are engaged in manufacture of Alloy Steel Castings. They were issued show cause notices that, they.....
Tags : Cenvat credit, Fraudulent availment, Legality
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Desperate father misleading British court denied relief(20.05.2016)
A person having obtained a favourable order from a foreign court cannot claim its benefit if the same was obtained by defrauding that court.
.....
Tags : family, high court, united kingdom, fraud, children, welfare
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Bald allegation of fraud without proof would not render a decree obtained by a party as fraudulent(02.01.2017)
Appellant (represented by his legal representatives) is aggrieved by judgment passed by the High Court of Madhya Pradesh whereby his appeal has been d.....
Tags : Fraud, Allegation, Proof
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SEBI Levies Two-Year Ban on Individual for Fraudulent Trading(17.10.2019)
Securities and Exchange Board of India has barred an individual for two years from the capital markets for indulging in fraudulent trade practices, wh.....
Tags : SEBI, Fraudulent Trading
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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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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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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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“Profiteering” found in HUDA-private developer transaction(13.05.2016)
An authority acquiring land under the guise of public purpose, but subsequently passing it on to a private builder amounts to acquisition for a privat.....
Tags : Land acquisition, fraud, huda, private use
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CMRL’s invocation of Gammon’s guarantee would cause irretrievable injustice(08.09.2015)
The Madras High Court granted an injunction in favour of Gammon, preventing Chennai Metro Rail Limited from invoking its bank guarantee. CMRL’s move s.....
Tags : Fraud, guarantee, metro, injunction
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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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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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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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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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