economic offenses

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    Money Laundering Case: Mumbai Court Denies Bail to Businessman

    Mumbai, March 25 A special court in Mumbai has denied bail to Pune businessman Amit Thepade in a ₹117-crore money laundering case, ruling that economic offenses are "a serious threat to the financial health of the country."The court emphasized that statements recorded under the Prevention of...
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    Pune Businessman Denied Bail in ₹117 Crore Money Laundering Case

    Mumbai, March 24 A special court in Mumbai has denied bail to Pune businessman Amit Thepade in a ₹117-crore money laundering case, ruling that economic offenses are "a serious threat to the financial health of the country."The court emphasized that statements recorded under the provisions of...
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    Systematic Fraud: Court Dismisses Bail Plea in Rs 8.94 Crore Case

    New Delhi, March 3 A Delhi court has dismissed the bail plea of an alleged kingpin in an over Rs 8.94 crore bank fraud case, saying that the offense was serious and committed in a systematic manner through layered transactions.Additional Sessions Judge Shunali Gupta rejected the bail...
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    Mallya's Legal Challenges Stalled by Passport Revocation and UK Restrictions

    Mumbai, February 18 Fugitive businessman Vijay Mallya informed the Bombay High Court on Wednesday that he is unable to provide a definite timeline for his return to India, citing the revocation of his passport and also being legally barred from leaving the UK.A statement from Mallya was...
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