Fugitive Economic Offenders
Supreme Court refuses to stay ED proceedings against Vijay Mallya
The ED had filed an application in July seeking the 'fugitive economic offender' tag for Vijay Mallya under the Fugitive Economic Offenders' Act, 2018
1 min read7 Dec 2018Sebi overhauls settlement rules, introduces confidentiality clause
Sebi will not settle proceeding in case the alleged default has market wide impact, caused losses to a large number of investors, or affected integrity of the market
3 min read3 Dec 2018G20 summit: India presents 9-point agenda on fugitive economic offenders
India pitches for effective freezing of the proceeds of crime and early return of offenders among key points of the agenda
1 min read1 Dec 2018PNB fraud case: Nirav Modi, family get notices to appear under Fugitives Act
In case they failed to appear, their assets will be confiscated under the Fugitive Economic Offenders Act
2 min read11 Aug 2018Govt panel suggests amending Passport Act to prevent borrowers from fleeing country
If suggestions are accepted, it will be a step towards ensuring large borrowers are held accountable for defaulting loans
2 min read7 Aug 2018Fugitive Economic Offenders Bill gets president's assent
A fugitive economic offender is an individual who has committed a fraud of at least 100 crore and has left India so as to avoid criminal prosecution
2 min read5 Aug 2018PNB fraud: PMLA court issues fresh summons to Nirav Modi, Mehul Choksi
While the court has asked Nirav Modi to appear before it on 25 September, Mehul Choksi has been asked to appear on 26 September
1 min read26 Jul 2018Bill to help government bring back fugitive economic offenders gets Parliament's nod
Fugitive Economic Offenders Bill, 2018, will empower the government to seize both local and overseas assets of alleged offenders, such as Vijay Mallya, Nirav Modi and Mehul Choksi
2 min read25 Jul 2018Vijay Mallya case: 5 things to know about fugitive economic offenders
The Fugitive Economic Offenders Ordinance appears to be the reason behind Vijay Mallya's willingness to return to India. Here are 5 things to know about Fugitive Economic Offenders Ordinance.
2 min read25 Jul 2018Vijay Mallya ‘willing' to return to India as ED moves to seize property
The Enforcement Directorate is confiscating Vijay Mallya's properties in India and abroad under the Fugitive Economic Offenders Ordinance
1 min read24 Jul 2018Wait for it…
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