Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
ED, Ranchi has secured a conviction in the matter of submitting false and bogus invoices of bitumen, which caused wrongful gain to a contractor and corresponding loss to the state exchequer of Jharkhand. ED had filed Prosecution Complaint on 31.03.2018 before the Hon’ble Special Court (PMLA), Ranchi, against the accused namely M/s Kalawati Construction Pvt Ltd. and Vijay Kumar Tiwari, on 26.06.2024 the Hon’ble Special Court (PMLA), Ranchi sentenced the said accused to three years of Rigorous imprisonment and also imposed a fined of Rs 1 Lakh on him, in a money laundering case.
Update / Judgement Date
03 Jul 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Money Laundering (PMLA)
The Directorate of Enforcement (ED) in Ranchi secured a conviction on June 26, 2024, in a case involving M/s Kalawati Construction Pvt Ltd and Vijay Kumar Tiwari for submitting fake bitumen invoices, causing ₹55.41 lakh loss to Jharkhand’s exchequer. The Hon’ble Special Court sentenced Tiwari to three years of rigorous imprisonment and imposed a ₹1 lakh fine. The court also ordered the confiscation of ₹20,00,647 as proceeds of crime.
