New Delhi, May 7 (IANS) The Delhi High Court on Thursday declined to grant any interim injunction in a defamation suit filed by industrialist Anil Ambani against NDTV and other media entities seeking a blanket restraint on publication and removal of news reports relating to ongoing investigations involving Reliance group companies. While refusing to pass any ad-interim relief restraining publication of the reports at this stage, a single-judge Bench of Justice Subramonium Prasad sought responses…
Latest Loan Fraud News & Updates
Dehradun, March 31 (IANS) A Special CBI Court in Dehradun on Tuesday sentenced a former rural bank manager to four years’ rigorous imprisonment and handed down one-year sentences to 11 others in a Rs 3.39 crore loan fraud, an official said. Ram Avtar Singh Dinkar, the then Branch Manager, Uttarakhand Gramin Bank, Bazpur Branch, district Udham Singh Nagar, Uttarakhand, was sent to rigorous imprisonment for four Years with a fine of Rs 50,000, the CBI said in a statement.The Special CBI Co…
Shimla, Jan 8 (IANS) The Enforcement Directorate (ED), Shimla, has restituted proceeds of crime in the form of immovable properties valued at Rs 1.44 crore to the Bank of India in connection with a loan fraud case involving a private company, an official said on Thursday.In a statement, the ED said the restitution relates to a bank fraud case involving Arvind Casting, in which loans were allegedly obtained using forged documents and subsequently defaulted upon.The action was taken to restore the…
Mumbai, Jan 8 (IANS) The Enforcement Directorate (ED) has arrested a businessman for allegedly misusing a loan availed from a public sector undertaking for setting up a waste-to-energy plant for the Pune Municipal Corporation (PMC) and for indulging in money laundering.The ED’s Mumbai Zonal Office arrested Prateek Kanakia, Chief Executive Officer of The Green Billions Limited (TGBL), on January 1, 2026, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection …