Arrest of Accused in cases under PMLA, 2002 : Law Demystified

Arrest of Accused in cases under PMLA, 2002 : Law Demystified

In case dealing with PMLA, 2002 it has been held that merely because at initial stages when the accused/applicants were not under any judicial protection against arrest the DoE opted not to arrest them, does not mean that the need now expressed by DoE to conduct custodial interrogation is unjustified.

Bhaskar Yadav v. ED [2026] GCtR 82 (Delhi)

 

Banking : "Auction Already Taken Place" and "Debt" Stood "Assigned To" "ARC", "Writ Petition Became Infructuous"

There are several High Courts in India and Allahabad High Court is an old High Court. However, before Hon'ble Delhi High Court Action Ipsat and Power Pvt Ltd has filed a writ petition WP(C) 969/2021.

When that petition was listed on 19 April 2021, then Hon'ble Delhi High Court has noted at para 2 that the writ petition "has become infructuous" because of the reasons given in the Order. Here, the bank has "assigned the debt to asset reconstruction company" and "auction had already taken place" [para 1]

Vishal

Guwahati

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