Month: April 2019

Money Laundering Law Prevails over Bankruptcy Act, Insolvency Code: Delhi HC

Source:- New Delhi: The Delhi High Court has held that the money laundering law, PMLA, prevails over the Bankruptcy Act and insolvency code when it comes to attachment of properties obtained as “proceeds of crime”. The court said the Prevention of Money Laundering Act (PMLA), Recovery of Debt and Bankruptcy Act (RDBA), Securitisation and Reconstruction of

India sent three alerts to Sri Lanka before attack

Source:- India sent as many as three alerts to Sri Lanka, including one on the day of the Easter Sunday attack that left 321 people dead and 500 injured, according to senior intelligence officials familiar with the matter who spoke on condition of anonymity. The first alert was on April 4, and it came from

Delhi HC allows Alembic, Natco Pharma to export Bayer drug ingredient

Source:- The Delhi High Court on Monday allowed Alembic Pharmaceuticals and Natco Pharma to export sorafenib, an active ingredient in Bayer’s cancer drug Nexavar, and rivaroxaban, the active ingredient in its blood thinner medicine Xarelto for research and development (R&D) purpose. A division Bench of Justice S Ravindra Bhat and Justice Sanjeev Sachdeva, agreeing with the majority of the findings of a

Right to travel abroad important, says Supreme Court

Source:- The right to travel abroad is an important basic human right, the Supreme Court said, as it allowed an Indian Police Service officer to travel abroad, permission for which was denied to him due to a pending departmental enquiry. A bench of justices LN Rao and MR Shah also said the right extended to

Most J-K Jaish commanders neutralised, new launch pads open across LoC

Source:- Terror group Jaish-e-Mohammed’s (JeM) launch pads in new locations across the Line of Control have been activated ahead of a possible effort to push terrorists from the Pakistan-based group into Jammu and Kashmir, top counter-terror officials and senior Jammu and Kashmir police officials said, although the latter added that this is because Indian security