#ENFORCEMENTDIRECTORATE

[news-of-news]

Delhi Court Grants Bail to AAP MLA Amanatullah Khan, Calls ED Custody 'Illegal' in Delhi Waqf Board Case

In a significant setback for the Enforcement Directorate (ED), Delhi’s Rouse Avenue Court has ordered the release of Aam Aadmi Party (AAP) MLA Amanatullah Khan on a bail bond of Rs 1 lakh and a surety. The court also termed his custody by the ED in the Delhi Waqf Board case as "illegal," and denied cognisance of the chargesheet filed against him. The court noted that while there is enough material to proceed with action, the chargesheet lacked the necessary sanctions for further proceedings. Watch this video for a detailed analysis of the case and its legal implications.

🔸 Why did the court term the ED’s custody of Amanatullah Khan as "illegal"?

🔸 What does this ruling mean for the Enforcement Directorate's case against Khan?

🔸 A closer look at the charges and the legal hurdles in the Delhi Waqf Board case.

Like, share, and subscribe for more updates on legal developments and political news.

#AmanatullahKhan #AAPMLA #EnforcementDirectorate #DelhiCourtRuling #WaqfBoardCase #DelhiPolitics #EDInvestigation #BailOrder #IndianCourts #LegalNewsIndia #DelhiNews #CorruptionCase #AAPNews #PoliticalUpdates #CourtOrder #IndianLaw #PoliticalNewsIndia #EDCustody #BailBond #DelhiWaqfBoard #NOFN #NOFN_NEWS_OF_NEWS

[nikath-852]

Heera Group's Path to Settlement: Supreme Court Orders and Investor Assurances

Supreme Court's Directive: 580 Crore Deposit

The Heera Group has found itself at the center of a significant legal battle in the Supreme Court of India. In a recent ruling, the apex court ordered the Heera Group to deposit a substantial sum of 580 crores within a six-week timeframe. This directive comes as part of ongoing legal proceedings involving the company.

The court's decision has put considerable pressure on the Heera Group and its founder, Dr. Nowhera Shaik. The magnitude of the required deposit underscores the seriousness of the situation and the court's intent to ensure proper resolution of the matters at hand.

Dr. Nowhera Shaik's Response to Court Orders

Following the Supreme Court's order, Dr. Nowhera Shaik, the founder and CEO of the Heera Group, has expressed her readiness to comply with the court's directives. In a statement, Dr. Shaik announced her willingness to surrender to government agencies within the stipulated two-week period, as per the court's instructions.

This decision came after the Heera Group was unable to meet the court's initial requirement of depositing 580 crores within six weeks. Dr. Shaik's commitment to surrendering herself demonstrates a respect for the legal process and a step towards addressing the concerns raised in court.

Formation of Investor Association

In a proactive move to protect investor interests, the Heera Group is establishing an association for all its investors. This association is designed to support both the company and its clients, especially in the event of potential liquidation of Heera Group properties.

The association's primary function will be to assist investors in recovering their investments. With 110 properties under the Heera Group's portfolio, including one valued at 600 crore INR, the association aims to ensure fair treatment for all investors.

To join the association, investors are required to fill out a form and provide supporting documentation. This can include an upper certificate, membership certificate, or a bank statement of their investment. The process has been simplified with a QR code scanning system for document submission.

For more information and to access the association form, investors can visit: https://heeragroupbackoffice.biz/hg-association-form/

Heera Group's Assets and Investor Protection

The Heera Group boasts a significant portfolio of 90 to 120 prime properties, all of which are dedicated to protecting investor interests. Dr. Nowhera Shaik has repeatedly assured investors that these assets will be used to ensure justice for all clients, regardless of her personal circumstances.

In a recent video announcement on social media, Dr. Shaik emphasized that the Heera Group of Companies has no bank loans or shareholders claiming rights to these assets. This statement aims to reassure clients about the security of their investments.

Challenges in Meeting Court Deadlines

The Heera Group has faced several obstacles in meeting the Supreme Court's deadline for the 580 crore deposit. These challenges include:

Frozen accounts: All Heera Group accounts are currently frozen.

Government possession: Heera Group assets are under the control of government agencies.

Property encroachment: Some properties are facing issues with squatters.

Lack of suitable bids: Difficulties in finding appropriate buyers for assets.

Despite these setbacks, the Heera Group remains committed to fulfilling its obligations to investors and complying with court orders.

Commitment to Investor Justice

Dr. Nowhera Shaik has consistently expressed her dedication to ensuring justice for all Heera Group investors. She has stated, "Heera GROUP IS ALWAYS READY TO SETTLE THE AMOUNT TO THE CLIENTS AND I AM ALWAYS READY TO DO JUSTICE TO THEIR INVESTORS."

As a gesture of good faith, the Heera Group is offering a 120 crore property as surety against the 580 crore due to the Supreme Court. This move demonstrates the company's commitment to meeting its legal obligations and protecting investor interests.

Future Steps for Heera Group Investors

For investors concerned about the future of their investments, the Heera Group has outlined several steps:

Participation in liquidation: After the Supreme Court trial, investors will be able to participate in the liquidation process as per court and government agency orders.

Asset sale: All assets of the Heera Group will be sold to serve justice to clients.

Legal support: The newly formed association will provide legal help and guidance to investors at no additional cost.

Regular updates: The company commits to keeping investors informed about developments through various channels, including social media.

Investor protection: The Heera Group assures that no client will be cheated, and all investments will be protected.

In conclusion, while the Heera Group faces significant legal challenges, it has demonstrated a commitment to resolving these issues and protecting investor interests. By forming an investor association, offering valuable assets as surety, and pledging to follow court orders, the company is taking steps to ensure a fair resolution for all parties involved.

Investors are encouraged to stay informed about the ongoing developments and to participate in the newly formed association. For the latest updates and to join the investor association, visit the Heera Group Backoffice.

[thetumblerdiaries]

Supreme Court Order Response: Dr. Nowhera Shaik's Commitment to Investor Justice

r. Shaik's Initial Response

In a notable development, Dr. Nowhera Shaik, the leader of Heera Group, has publicly expressed her willingness to comply with the Supreme Court's recent directive. This response marks a significant step in the ongoing legal proceedings surrounding the Heera Group and its investors.

Dr. Shaik stated her readiness to surrender to the designated government agency within the specified two-week period, demonstrating respect for the court's decision. This move highlights the Heera Group's intention to cooperate with legal authorities and work towards a resolution that prioritizes the interests of their investors.

In her public statements, Dr. Shaik made several key points to reassure investors and outline the Heera Group's intentions:

To facilitate this process, the Heera Group has set up a platform for investors to register their claims. Interested parties can submit their details through the HG MEMBERS’ SUPPORTER ASSOCIATION (HGMSA) .

Challenges Facing Heera Group

While Dr. Shaik and the Heera Group have expressed their commitment to complying with the Supreme Court's order, they face significant challenges in meeting the court's deadline for depositing INR 580 crores. These obstacles include:

These obstacles have significantly delayed the Heera Group's efforts to comply with the Supreme Court's directive, causing distress among investors who have been awaiting the settlement of their claims. Despite these hurdles, Dr. Shaik has expressed regret for the delays and emphasized the group's ongoing commitment to resolving the matter.

Formation of Investor Association

In a proactive step to support investors, an association is being formed for all Heera Group investors. This association aims to provide backing to the company and safeguard investor interests, particularly in the event that Heera Group properties are subjected to liquidation.

The association's role becomes crucial in ensuring that investors receive their due shares from the liquidation proceeds. With 110 properties currently under consideration, including one with a market value of INR 600 crore, the association's involvement is critical in protecting investor interests.

To join this effort, investors are required to fill out a form and submit one of the following documents:

Investors can complete this process by scanning a QR code provided by the Heera Group. Importantly, the company has clarified that no costs will be incurred by investors for participating in this association. The Heera Group has committed to providing the association with legal support and guidance, ensuring that investors are well-represented in the ongoing settlement processes.

Settlement Plans for Investors

Despite the numerous challenges faced, the Heera Group remains committed to settling the claims of investors. Dr. Nowhera Shaik has assured that all investors will receive their rightful dues without further delay, in line with the Supreme Court's orders.

The settlement plan outlined by the Heera Group includes the following key steps:

Heera Group's Assets and Repayment Strategy

The Heera Group has emphasized that it possesses substantial assets dedicated to the repayment of investors. The company owns between 90 and 120 prime properties that are earmarked specifically for settling investor claims. These properties represent a significant source of value, which the group plans to unlock through the liquidation process.

Even in the face of legal challenges and the possible outcome of Dr. Shaik's custody, the Heera Group has maintained its focus on investor justice. Dr. Shaik, through a recent video announcement shared on social media platforms, reiterated the group's commitment to its clients, stating that the work towards investor repayment will continue unabated.

The group's strategy for repayment involves:

Moving Forward: Hope for Resolution

The situation surrounding the Heera Group and its investors is complex, marked by legal battles, asset liquidation processes, and the establishment of an investor association. However, the steps being taken by both the Heera Group and the Supreme Court indicate a concerted effort to bring about a resolution that prioritizes the interests of the investors.

While challenges remain, the commitment of Dr. Nowhera Shaik to cooperate with legal directives, coupled with the formation of the investor association, provides a structured path forward. Investors are encouraged to:

The Heera Group's dedication to transparency and investor justice, even amidst significant legal hurdles, offers hope for a positive outcome in this long-standing dispute. With the collective efforts of all parties involved, the goal remains clear: to ensure that investors receive their rightful dues and that the integrity of the process is maintained throughout.

Disclaimer: This article is for informational purposes only and does not constitute legal or financial advice. Investors are advised to seek professional guidance regarding their specific situations.

[letsdiskuss-blog]

राहुल गांधी ने ED के कार्रवाई के बारे में क्या कहा

राहुल गांधी ने हाल ही में एक बयान में दावा किया कि प्रवर्तन निदेशालय (ईडी) उनके खिलाफ एक छापेमारी की योजना बना रहा है। यह दावा उन्होंने अपने 'चक्रव्यूह' भाषण के बाद किया, जो उन्होंने हाल ही में लोकसभा में दिया था। राहुल गांधी ने कहा कि उन्हें ईडी के अंदरूनी सूत्रों से जानकारी मिली है कि उनके खिलाफ कार्रवाई की जा रही है।उन्होंने सोशल मीडिया पर लिखा, "लगता है कि 2 इन 1 (केंद्र सरकार) को मेरा चक्रव्यूह भाषण पसंद नहीं आया। ईडी के अंदरूनी सूत्रों ने मुझे बताया कि एक छापेमारी की योजना बनाई जा रही है। मैं ईडी अधिकारियों का स्वागत 'खुले हाथों' से करूंगा, चाय और बिस्कुट मेरे तरफ से।"

राहुल गांधी ने अपने भाषण में महाभारत के चक्रव्यूह का उदाहरण देते हुए कहा कि जैसे अभिमन्यु को चक्रव्यूह में फंसाकर मारा गया था, उसी तरह आज की सरकार भी देश के युवाओं, किसानों और छोटे व्यवसायों को फंसा रही है। उन्होंने यह भी कहा कि भारत में एक नया चक्रव्यूह बन गया है, जिसमें छह प्रमुख लोग केंद्र में हैं, जिनमें नरेंद्र मोदी, अमित शाह और अन्य शामिल हैं।यह बयान उस समय आया है जब राहुल गांधी ने बजट 2024 पर चर्चा करते हुए केंद्र सरकार की नीतियों की आलोचना की थी, यह कहते हुए कि देश में भय का माहौल है और यह चक्रव्यूह जल्द ही टूटेगा। Read more on Letsdiskuss.com

[hcnnews-blog]

एल्विश यादव पर प्रवर्तन निदेशालय (ED) की क्यों है नजर? क्या है पूरा मामला?

[zhhnmqd3k5]

The Delhi High Court has extended the remand of Chief Minister Arvind Kejriwal with the Enforcement Directorate (ED) until April first. During the hearing in court, both the ED and Kejriwal presented their arguments, where the ED stated that statements of Arvind Kejriwal have been recorded, but there's a need to confront him with a certain individual. Additionally, there is a requirement to examine the seized digital data. Chief Minister Kejriwal is not cooperating with the ED during questioning. On the other hand, Kejriwal stated that this case has been ongoing for two years, he has been arrested, yet there is no evidence against him. In my presence, Manish Sisodia has submitted documents related to the excise policy; many legislators visit my residence. Is there any basis for arresting a sitting Chief Minister? The accused give their statements, but they are repeatedly summoned, then they give statements against me, and then they are granted bail. After the hearing, the Delhi High Court extended Chief Minister Arvind Kejriwal's remand with the ED until April first. Now, until April first, the Chief Minister of Delhi will remain in ED custody. The investigative agency had requested a seven-day remand from the Delhi court. In addition, a public interest litigation was filed in the Delhi High Court demanding the removal of Delhi's Chief Minister Arvind Kejriwal from office, which the Delhi High Court dismissed. The bench chaired by Acting Chief Justice Manmohan said that the court understands that there may be some practical difficulties. Why should any order be passed? We are not supposed to give guidance to the President or the Lieutenant Governor. The executive branch implements the President's rule, and it is not the court's job to guide them.

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[sirjitendrayadav]

[seemabhatnagar]

The Summon That Never Was: A Tale of Legal Error and Judicial Correction

Souvik Bhattacharya v. Enforcement Directorate Kolkata Zone Office -II

SLP 14476/2023

Before Supreme Court of India

The present Criminal Appeal was heard by the Bench of Hon’ble Madam Justice Bela M Trivedi J & Hon’ble Mr Justice Pankaj Mithal J

Order

The criminal appeal was allowed on 16.02.2024 with the direction of release of the appellant petitioner on bail on the terms and conditions as may be imposed by the Special Court.

Fact

The Special (CBI) Court had not passed any order summoning the (alleged accused) present appellant Souvik Bhattacharya out of 14 accused persons.

Cognizance of the offences under the (PMLA)Prevention of Money Laundering Act, 2002 was taken on 07.12.2022. Summons was issued to the appellant without any order to this effect.

The appellant thereafter voluntarily surrendered before the CBI Court and applied for bail.

Bail moved u/s 437was rejected by the Special Court on 22.02.2023.

The rejection of bail application was challenged before High Court and High Court also rejected the bail on 18.10.2023.

Aggrieved by the rejection of Bail by the High Court Appellant, Criminal Appeal is filed before the Supreme Court.

Submission of the Counsel for the Petitioner

The Special CBI Court took cognizance of the offence on 07.12.2022. At the time of taking of cognizance CBI Court observed that since 3 accused are already in judicial custody, process will not be issued against them with regard to rest (11 accused) summons will be issued at later stage.

Summon was later issued and served upon the present appellant.

Respecting the summons the appellant voluntarily surrendered before the Special CBI Court and since then, he is in judicial custody.

In the absence of any order summoning the appellant, the appellant could not have been taken into custody, even if the cognizance of the offence was taken against him.

Submission of the Counsel for the Enforcement Directorate

The issue of taking the appellant in custody without any order of summons was not raised by the appellant before the High Court.

However, he admitted that there was no order passed by the Special CBI Court issuing summons or warrant against the appellant, and that appellant had voluntarily appeared and surrendered before the Special Court.

It was also submitted that even without issuance of summons or warrant from the Court, accused can appear and surrender before the Court and seek his release on bail under section 437 of Cr PC.

Since the accused had surrendered before the Special CBI Court and applied for bail, his bail application was considered under section 437 and was rejected by the CBI Court and the same order was confirmed by the High Court as well.

Observation of the Apex Court

The Counsel for the Enforcement Directorate didn’t dispute the position that after the passing of the order on 07.12.2022 for further investigation by the CBI Court, there was no order passed by the Special CBI Court for issuance of the summons or warrant against the present appellant.

Still the summons was issued and served upon the appellant, pursuant to which he surrendered himself before the Court.

We fail to understand as to how summons under section 61Cr P C came to be issued on 22.12.2022 requiring the appellant to appear before the Special Court on 07.01.2023.

When the Special Court had specifically mentioned in the above order that in respect of the other eleven accused necessary order for issuance of summons will be issued at a later stage.

Since summons were served, the appellant appeared before the Special Court and applied for his release on bail.

Since there was no order passed by the Special Court for issuance of the summons or warrant, in our opinion, the application of the appellant seeking bail could not have been entertained.

The appellant-accused filed the bail application before the Special Court under the misconception of fact and misconception of law, which application came to be dismissed by the Special Court.

Though the issue was not specifically raised by the appellant before the High Court, the said question being the question of law, we have permitted the counsel for the appellant to be raised in the instant appeal

In view of the same the appellant accused is directed to be released on bail on the terms and conditions that may be imposed by the Special Court.

Seema Bhatnagar

[newslime]

Arvind Kejriwal’s Standoff with Enforcement Directorate: A Legal Tussle Unfolds

Arvind Kejriwal, the Chief Minister of Delhi, remains embroiled in a legal dispute with the Enforcement Directorate (ED) over his non-compliance with summons pertaining to the excise policy case. Despite the ED’s sixth summons, Kejriwal stood firm, reiterating his stance on their legality and dismissing them as politically motivated.

The Aam Aadmi Party (AAP) issued a statement asserting that the matter has now entered the judicial domain, urging the ED to respect the legal process and refrain from incessant summonses. According to the party, the ED’s recourse to the courts underscores the need for a judicial determination in this contentious matter.

The recent summons, dated February 14, marked the sixth attempt by the probe agency to summon Kejriwal for questioning. However, the Delhi Chief Minister remained steadfast in his refusal, citing the ongoing legal proceedings and alleging that the summonses were issued arbitrarily.

In response to the persistent summons, a Delhi court granted Kejriwal permission to physically appear on March 16, considering his prior engagements in the legislative assembly, including a debate on a trust motion. The court’s decision reflects a balance between legal obligations and the Chief Minister’s constitutional duties.

The legal saga intensified on February 7 when the ED filed a complaint against Kejriwal for non-compliance with previous summonses related to the liquor policy case. The complaint invoked relevant sections of the Indian Penal Code and the Prevention of Money Laundering Act, signaling the gravity of the allegations.

Kejriwal, on his part, has vehemently opposed the ED’s actions, branding them as politically motivated maneuvers aimed at thwarting his participation in the upcoming 2024 Lok Sabha elections. The Bharatiya Janata Party (BJP) has countered these claims, accusing Kejriwal of exploiting the Budget session of the Delhi assembly to evade investigation into the liquor scam.

As the legal standoff ensues, the dispute underscores broader tensions between political actors and investigative agencies, raising questions about the autonomy of law enforcement and the accountability of elected officials.

In the days ahead, all eyes will be on the courts as they adjudicate this high-profile clash between state power and legal authority, with implications for the future trajectory of Indian politics.

[newswatchindia]

ED summons case: Arvind Kejriwal appeared in Delhi court through video conference

ED summons case: When Arvind Kejriwal came to power, the people of Delhi had high expectations from him. The manner in which he entered power was an example in itself which was being said to be a direct attack on the corruption committed by the previous governments.

[flash-fresh]

Jailed Tamil Nadu Minister Senthil Balaji Resigns Ahead of Bail Hearing

In a significant turn of events, Tamil Nadu Minister V Senthil Balaji has tendered his resignation from the state cabinet. This move comes just days before the Madras High Court is scheduled to review his bail plea amid ongoing legal battles.

Senthil Balaji’s resignation, announced on Monday, marks a pivotal moment in a saga that began eight months ago with his arrest by the Enforcement Directorate (ED) in connection with a money laundering case linked to an alleged cash-for-jobs scam.

The Raj Bhavan confirmed the acceptance and approval of Senthil Balaji’s resignation by Tamil Nadu Governor RN Ravi in a statement issued on Tuesday, signaling the end of his tenure as a minister in the state cabinet.

The timing of Balaji’s resignation aligns with the imminent review of his bail plea, adding layers of intrigue to an already complex legal and political landscape. His prolonged incarceration, spanning over 230 days, has raised questions about his continued role as a minister while facing serious legal charges.

During previous court proceedings, the Madras High Court had expressed concerns over Balaji’s tenure as a minister despite his prolonged detention, remarking that such a scenario did not reflect well on the state’s governance.

The legal troubles plaguing Senthil Balaji trace back to his tenure as Transport Minister from 2011 to 2015 under the government of the late Chief Minister Jayalalithaa. Allegations surfaced suggesting his involvement in a scheme offering jobs in exchange for monetary gains.

The case against Balaji has seen extensive judicial scrutiny, with the Supreme Court intervening after his petition challenging the arrest. The apex court’s intervention followed the Madras High Court’s decision to uphold the arrest and grant police custody to the ED, which is probing the money laundering aspects of the job scam.

Balaji’s arrest in June last year initially led to his dismissal from the cabinet by Governor RN Ravi, a decision later placed “in abeyance.” However, recent developments prompted the embattled minister to resign, reflecting a shift in political dynamics as Chief Minister MK Stalin and the ruling DMK party confront mounting pressure.

As the legal saga unfolds, Senthil Balaji’s resignation marks a significant chapter in Tamil Nadu’s political landscape, underscoring the intricate interplay between law, governance, and public accountability.

[preponias]

Enforcement Directorate (ED)

[iirisconsulting]

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[hydnews24]

Fake investors are constantly trying to extort Heera Group. Check their strategy. Read about it: https://hydnews24.com/business/fake-investors-are-constantly-trying-to-extort-heera-group-check-their-strategy/

[hcnnews-blog]

केजरीवाल के समर्थन में पत्नी सुनीता केजरीवाल ने किया भावुक अपील, पूर्वी दिल्ली में मेगा रोड शो