Also on the show, Lok Sabha passes the Fugitive Economic Offenders Ordinance, 2018
The President signed the Ordinance on April 22
While Rs 9,890 crore worth of assets have been attached by the ED in the Mallya case, properties worth Rs 7,664 have been attached in the Nirav Modi-Mehul Choksi case.
The Union Cabinet on Saturday approved to promulgate an ordinance to crack down on corporate defaulters who refuse to return to India to avoid investigation by Indian authorities.
Govt is fast-tracking a draft law that will allow “non-conviction” based seizure.