Eow

They said Amit Kumar Bansal was arrested on August 6 and produced before a court that sent him to police custody for six days.

Former promoters of Unitech granted bail by Delhi court in EOW case

The duo will, however, continue to remain in jail as they are accused in a money laundering case

Nirmal Lifestyle’s Dharmesh and Rajiv Jain held for refusing ‘possession to homebuyers’

According to Mumbai Police officials, the arrests have been made basis complaint from 34 homebuyers

Delhi court asks EOW to register FIR against IREO Gurugram Hills developer

The court observed that as per the ATR filed by the police, the construction was not complete, and not all the licences or permissions pertaining to the project had been obtained.

Delhi court issues NBW against one of the promotors of Greenopolis in Gurugram

The project was launched in 2011 and possession was to be given to buyers in 2015. However, not even a single unit has been delivered till date. The case in being probed by EOW of Delhi Police.

BharatPe seeks Rs 88 crore in damages from Ashneer Grover & family; files criminal complaint with EOW

Senior Advocate Mukul Rohatgi, representing BharatPe, also requested that the court intervene to restrain Grover from continuing his 'vitriolic campaign' against the company on social media.

MP EOW to probe if money allegedly misappropriated by bishop was used for religious conversion: Shivraj Chouhan

The EOW conducted searches at the house of P C Singh, the bishop of the Churchof North India Jabalpur Diocese, on Thursday morning following registration of a case of cheating against him.

Five former ICICI Bank officials face EOW Probe for allegedly cheating Mumbai hotelier

The case was registered on the basis of a complaint lodged on July 13, 2021 by Vishal Sharma, 48, director of Hotel Horizon Pvt Ltd, located at Juhu Tara Road.

EOW Chennai arrests former IL&FS Group head Ravi Parthasarathy in 'Rs 1 lakh crore scam'

The IL&FS group which consists of more than 350 group companies was used as a "vehicle to perpetrate fraud" by the then management headed by Ravi Parthasarathy, the Economic Offences Wing said.

'Bike boat' ponzi scheme | Seven more directors arrested for duping investors of Rs 42,000 crore

The directors of the Noida-based firm duped people by promising them good returns against investments in the 'bike boat' ponzi scheme.

MF body informs SEBI of unease among fund managers due to the FIR against Franklin

AMFI asks regulator to stake claim as sole authority to probe all issues related to conduct of mutual funds

PMC Bank scam: RBI, others move closer to selling HDIL land to return depositor money

The Reserve Bank of India, Enforcement Directorate, the Economic Offences Wing of the Mumbai Police and administrators of PMC Bank have formed a coordination team to expedite action in the PMC Bank case.

Mumbai Police arrest two auditors in PMC Bank scam case

The arrested duo, Jayesh Sanghani and Ketan Lakdawala, served as statutory auditors when the scam was committed.

Goodwin Jewellers fraud: Thane EOW takes over probe

Goodwin Jewellers shut its outlets in Thane, Palghar and Mumbai region a couple of days before Diwali, leaving hundreds of people, who had invested in their gold and fixed deposit schemes, in the lurch.

PMC Bank crisis: Sarang, Rakesh Kumar Wadhawan sent to police custody till Oct 9

The EOW also searched the residence of PMC Bank Chairman Waryam Singh on October 3, while also freezing his demat account that is worth Rs 100 crore.

PMC Bank crisis: EOW registers FIR against senior officials of PMC Bank, HDIL

The FIR named PMC Bank’s Managing Director (now suspended) Joy Thomas, Chairman Waryam Singh and other executives. It also mentions involvement of Sarang Wadhawan, vice-chairman and managing director of HDIL.

IL&FS arm gets SC reprieve after guaranteeing a highly murky trade

The SC ruling could have an impact on other financial market participants, as some of the contracts undertaken by Allied are due to expire on June 27. Failure by ISSL to come through on the payments could impact the positions of as many as 50 brokers who maintain positions with ISSL, sources told Moneycontrol.

Ponty Chadha's son gets bail in connection with a real estate fraud case

Even after 15 years the alleged company has neither provided plots to the buyers nor refunded the amount

DS Kulkarni Group case referred to SFIO

The case was till now being investigated by Pune's Economic Offences Wing, and market regulator Securities and Exchanges Board of India.

Faced with defaulting developers? Here is what homebuyers must do

To avoid the recurrence of Unitech like cases, it is important for homebuyer association members to take the lead and act as a bridge to raise funds, in case the builder claims he is bankrupt.

NSEL Investor Forum writes to EOW, says FTIL has overstated A/cs

CNBC-TV18's Yash Jain -- who has a copy of the letter -- reports that NSEL has alleged that FTIL only disclosed payable expense and did not mention inward cash flows.

63 Moons Tech slips 18%, EOW seizes company assets in NSEL scam

The EOW of Mumbai police on Tuesday attached assets of FTIL, under the Maharashtra Protection of Interest of Depositors Act (MPID) Act.

EOW files FIR against Parsvnath, its chairman, 5 others

The FIR alleges Parsvnath misled buyers by claiming to have all approvals in 2004. It further says HDFC, PNB and ICICI Bank denied home loans as project wasn't legal. Parsvnath also refused refunds to customers.

NSEL scam: Top officials of brokerage firms granted bail

The three officials -- Amit Rathi, Director, Anand Rathi Commodities, Chintan Modi, VP, IIFL, and CP Krishnan, Wholetime Director, Geofin Comtrade, have been granted bail on condition that they will pay Rs 20 lakh as surety and also appear before the Mumbai EOW every Wednesday.

EOW arrests 3 brokers in NSEL case

Earlier in August last year, EOW had arrested seven borrowers in the Rs 5600-crore NSEL scam. Prior to that, it had arrested 11 people; the last was Financial Technologies chief Jignesh Shah and Shreekant Javalgekar, managing director and chief executive of Multi Commodity Exchange.