The NRI Who Never Filed in India — Because Nobody Told Him He Still Had To For nearly eight years, Arjun had lived and worked outside India. His salary was earned abroad, his family lived with him, and he visited India only for short holidays. As far as he understood, becomi...
Six Months of Messy Books, One Investor Due Diligence Call — And a Term Sheet That Almost Fell Through The startup had everything investors usually look for: growing revenue, a strong customer base, an experienced founding team and a credible expansion plan. After several meetings, an investor issued a...
₹30.18 Crore Meant for Marriage Assistance: ED Arrests Former Sironj Janpad CEO The Directorate of Enforcement’s Bhopal Zonal Office has arrested Shobhit Tripathi, former Chief Executive Officer of Janpad Panchayat, Sironj, in connection with an alleged ₹30.18 crore fraud involvi...
₹40 Crore HashPe Crypto Fraud: ED Searches 11 Premises and Arrests Two The Directorate of Enforcement (ED) has intensified its investigation into the alleged HashPe cryptocurrency fraud, conducting searches at 11 premises across Chennai, Coimbatore and Kolkata and arrest...
Six Reversal Trades Creating 8.60 Lakh Artificial Units Led to a ₹5 Lakh SEBI Penalty The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹5 lakh on Laxmi Chhugani for executing non-genuine reversal trades in illiquid stock options on the Bombay Stock Exchange. A...
No Contract Notes, No Case: Why SEBI Dropped Proceedings Against Puja Rungta The Securities and Exchange Board of India (SEBI) has dropped adjudication proceedings against investor Puja Rungta in a case concerning alleged non-genuine trades in illiquid stock options on the Bom...
Six Reversal Trades and 2.58 Lakh Artificial Units Led to a ₹5 Lakh SEBI Penalty The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹5 lakh on Aastha Ruia Beneficial Trust for executing non-genuine reversal trades in illiquid stock options on the Bombay Sto...
SEBI Imposes ₹7 Lakh Penalty on Jainam Broking Over Multiple Compliance Failures The Securities and Exchange Board of India (SEBI) has imposed a total penalty of ₹7 lakh on Jainam Broking Limited after finding multiple violations relating to stockbroker operations, client-fund con...
A Three-Year FPI Disclosure Delay Led to a ₹27.62 Lakh SEBI Settlement The Securities and Exchange Board of India (SEBI) has disposed of adjudication proceedings against DMI Income Fund Pte. Ltd. after the Foreign Portfolio Investor paid ₹27,62,500 under SEBI’s settlemen...
ED Searches Six Premises in Tamil Nadu Over Alleged Drug Money Laundering Network The Directorate of Enforcement’s Madurai Sub-Zonal Office has conducted search operations at six residential premises in Tamil Nadu as part of a money laundering investigation linked to the alleged tr...
ED Arrests Accused in CGPSC Examination Case Following Searches Across Chhattisgarh The Directorate of Enforcement’s Raipur Zonal Office has intensified its investigation into alleged irregularities in the Chhattisgarh Public Service Commission (CGPSC) recruitment process. According ...
₹9,188 Crore Was Meant for Mining-Affected Communities—ED Alleges a ₹31 Crore Commission Trail The Directorate of Enforcement has arrested Satpal Singh Chabda in connection with its investigation into the alleged misappropriation of District Mineral Foundation funds in Chhattisgarh. According t...
