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…
ED Releases ₹3.8 Crore to Karnataka State Wakf Board on Sessions Court Directive to Restore Proceeds...
The Enforcement Directorate (ED) has released ₹38 crore to the Karnataka State Wakf Board on a Sessions Court directive to restore proceeds of crime to money laundering victims. This significant development highlights the ED's role in not only seizing illicit assets but also in facilitating their return to rightful victims. The Sessions Court's order underscores the legal mechanism to compensate those who suffered losses due to money laundering. This action demonstrates a commitment to justice, ensuring that illicitly acquired funds are restituted to their original, legitimate owners.