Indiaherald Group of Publishers P LIMITED

close save
crop image
Mon, Jul 22, 2019 | Last Updated 6:37 am IST

Menu &Sections


Nirav Modi tagged as a fugitive before ED can attach his Foreign Assets

Nirav Modi tagged as a fugitive before ED can attach his Foreign Assets
Nirav Modi tagged as a fugitive before ED can attach his Foreign Assets

mumbai sources reported that attempts by law enforcement agencies to declare wanted diamantaire Nirav modi a fugitive economic offender were delayed further after a special mumbai sessions court hearing the matter postponed the case until it is vested with appropriate powers.  Meanwhile in an order, special judge UM Mudholkar said courts dealing with such matters must have powers under the Prevention of Money Laundering Act and as a designated court for the Central Bureau of Investigation/Anti-Corruption Branch. Hence this court is bestowed only with powers under the PMLA.

Nirav Modi tagged as a fugitive before ED can attach his Foreign Assets

He said “So far as designated powers of this court as CBI/ACB judge are concerned, notification of this court is not received and is awaited. So, in a sense, as on today, this court cannot effectively deal with these matters”. Furthermore modi, in an application filed through senior counsel vijay Aggarwal, had contended that while the court is a designated court under PMLA, it was not designated under the Prevention of Corruption.

The judge said “In such a situation, passing of any effective order by this court would not be proper,” the judge said. “The notification may come very shortly. Hence, to avoid further complications, passing of the order on this application can be deferred till next date or till receipt of the notification.” 

Nirav Modi tagged as a fugitive before ED can attach his Foreign Assets
5/ 5 - (1 votes)
Add To Favourite
More from author
FMs Budget presentation indicates Modi government does not practice culture of exchanging suitcases
Telangana DGP warns about Cyber Criminals Online
House in Telangana's urban areas will no longer require permissions from local bodies
Unnecessary issue for Telangana Home Minister by his Grandson in TikTok
Are you Aged yourself in FaceApp which is going viral
Infosys co-founder awarded honorary degree of Doctor of Science by University of London
Holiday declared for all schools & colleges in Karnataka today due to Heavy Rain
4 Dams shutters opened in Kerala due to heavy rain
To boost MSME CM Jagan launched "YSR Navodayam"
Telangana ACB looks into ESI Medicine supplies scam
PM Modi had asked people to send their ideas for his Independence speech
3 Day heavy rain warning given to Telangana: IMD
Will Anna Canteen workers be paid their salary?
Your Porn viewing habits tracked by Google & Facebook
Heavy Rain lashing Kerala
AP state Govt Employees to get 30% HRA
WB decided not to fund Amaravati Sustainable Capital City Development Project
Edappadi announced 2 New Districts for Tamilnadu
Why Rapido Bike Taxis seized at Chennai?
AP Legislative Council witnessed heated words between Nara Lokesh & Ministers Anil Kumar Yadav
Swearing in ceremony of AP New Governor on July 24
MS Dhoni kept everyone perplexed by keeping mum on his retirement
Few places of Chennai received heavy Rainfall
Linkage of PAN with Aadhaar is mandatory for filing of ITR: Supreme Court
Merit based immigration for Indian Techies
PM Modi to address before Indian American community in US
Will Floor test be postponed because of Siddaramaiah?
CM YS Jagan criticized Chandrababu Naidu for illegal constructions
Telangana Govt to hike Pension for various beneficiaries
July 22 is Chandrayaan 2 new launch date
Will Telangana Congress bring Interim President?
Does Indian Medicines contains adulterations?
Reliance Jio keen on acquiring RCom's airwaves to boost its own telecom infrastructure
Amma Vodi Scheme a great success for AP Intermediate students
PM Narendra Modi also urged lawmakers to "work in mission mode"
Yeddyurappa played cricket news became viral
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.