Special Court Takes Cognizance of ED’s PMLA Case Against Yogesh Kumar Tiwari
Court / Authority
NCLT & NCLAT
Update / Judgement Date
22 Jun 2026
Source
WCP News Bulletin
Author
Manas Yadav — WCP Legal Desk
Reading Time
2 min read
View Count
Background
The Directorate of Enforcement (ED), Allahabad Sub-Zonal Office, has informed that the Special Court (CBI), West, Lucknow, has taken cognizance on January 21, 2026, of a Prosecution Complaint (PC) filed under the Prevention of Money Laundering Act, 2002 (PMLA) against Yogesh Kumar Tiwari. The Prosecution Complaint was filed by the ED on September 29, 2025.
The ED initiated its investigation on the basis of an FIR registered by the Uttar Pradesh Police at Police Station Jhunsi, Prayagraj, under various provisions of the Indian Penal Code, 1860, including offences of cheating, forgery, criminal breach of trust and criminal intimidation. The case relates to an alleged scheme in which the accused fraudulently induced the complainant to transfer multiple immovable properties on false assurances of development projects and future financial benefits.
According to the ED, Tiwari falsely projected himself as a well-established businessman and property dealer with strong connections to builders and bureaucrats, and fraudulently acquired five immovable properties without making due payment. Three of these properties were later sold to third parties, and the sale proceeds were allegedly siphoned off for personal use.
The ED has identified Proceeds of Crime of approximately Rs. 1.41 crore in the case and has provisionally attached immovable properties worth Rs. 78 lakh through an order dated November 8, 2024, which was later confirmed by the PMLA Adjudicating Authority.
The agency has stated that offences under Section 3 of the PMLA, punishable under Section 4, are made out against the accused.
Full Judgement / Attachment
Full Judgement
Frequently asked questions about NCLT & NCLAT
- What are the NCLT and NCLAT?
- The National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT) were constituted on 1 June 2016 under the Companies Act, 2013. The NCLT sits in benches across India, and the NCLAT hears appeals from it, with its principal bench in New Delhi and a bench in Chennai.
- What cases does the NCLT hear?
- The NCLT is the Adjudicating Authority for corporate insolvency under the IBC. It also hears company law matters, including oppression and mismanagement petitions, schemes of merger and demerger, reduction of capital, and class action suits.
- What is the time limit to appeal an NCLT order to the NCLAT?
- Under the Companies Act, the appeal is due within 45 days, extendable by up to 45 days. Under the IBC, it is due within 30 days, extendable by up to 15 days. These outer limits are strictly applied.
- How can I check NCLT case status or orders?
- Case status, cause lists and orders are available on the NCLT website (nclt.gov.in) and the NCLAT website (nclat.nic.in), searchable by case number, party name or bench.
- How can White Collar Professional help with a NCLT or NCLAT matter?
- Post your requirement on White Collar Professional to receive proposals from verified Company Secretaries, Insolvency Professionals and Advocates, compare them, and pay securely through the platform. This page also tracks the latest NCLT or NCLAT NCLT and NCLAT judgements as they are reported.
