Latest News on Fugitive Economic Offenders Bill
Showing of 0 - 10 from 13 results
Fugitive Economic Offenders Bill - Total results - 13
Nov 23, 2018
CEOs of state banks can request for look-out notices against wilful defaulters, fraudstersEarlier this year, the government formed an inter-ministerial panel to look into various issues, including how to put a check on wilful defaulters fleeing the country.
Oct 31, 2018
Amid CBI row, President Ram Nath Kovind urges top officials of financial institutions to act like ethical leadersAt a function organised by CVC, Kovind said there is a serious effort to curb and punish those involved in economic offences, and to give habitual offenders a sense of fear of the law.
Aug 01, 2018
Kingfisher loan case: Is embattled liquor baron Vijay Mallya finally saying goodbye to his defiant self?If Vijay Mallya indeed returns now, it will be a big political victory for the Narendra Modi government ahead of crucial state elections and 2019 general elections.
Jul 26, 2018
Fugitive Economic Offenders Bill: A potent weapon, if rightly used, can bring the Mallyas, Choksis back to where they belongThe Bill ostracises an offender from any civil rights to make his case legally and gives the power to local authorities to attach his assets and initiate proceedings.
Jul 25, 2018
Rajya Sabha passes Fugitive Economic Offenders Bill; move empowers govt to prevent fraudsters from fleeing countryFinance Minister Piyush Goyal, said the instances of people escaping and evading the legal process was increasing and that this needed to be checked
Jul 21, 2018
Offshore tax haven concealing data may delay seizure of assets under Fugitive Economic Offenders lawThe ED can do little despite penetrating the veil of secrecy in some cases due to tax havens' non-cooperation in unearthing tax evasion and fraud.
Jul 17, 2018
Govt panel to suggest changes in law to prevent economic offenders from fleeing countryThe government has come out with the Fugitive Economic Offenders Bill, giving authorities powers to attach and confiscate properties of economic offenders
Jul 03, 2018
PNB fraud: Enforcement Directorate to seek fugitive tag for Gitanjali Gems boss Mehul ChoksiED is set to move a special Mumbai court seeking the 'fugitive economic offender' tag for Mehul Choksi and confiscate his assets worth over Rs 6,000 crore
Jun 22, 2018
ED wants 'fugitive offender' tag for Vijay Mallya, seeks to confiscate liquor baron's assets worth Rs 12,500 croreThe application seeks to immediately confiscate about Rs 12,500 crore assets of Mallya and his companies, both movable and immovable
Mar 12, 2018
Parliament Budget session: Bill to confiscate economic offenders' properties introduced in Lok SabhaThe government on Monday introduced a bill in the Lok Sabha which provides for confiscation of properties of fugitive economic offenders