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HC to Hear ED Plea for Modifying Order in Bhushan Steel PMLA Case

Steel News - Published on Tue, 14 Jan 2020

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The Enforcement Directorate has approached the Delhi High Court seeking to modify its interim order asking it not to take any coercive action against Bhushan Steel ex-promoter Mr Neeraj Singal against whom summons were issued in a money laundering case.ED in its application said the court on December 18, 2019 had restrained the ED from taking coercive steps which essentially include a direction in the nature of an anticipatory bail to not arrest Mr Singal. The plea has been listed for hearing on Tuesday before a bench of Chief Justice D N Patel and Justice C Hari Shankar.

The plea, filed through Central government standing counsel Mr Amit Mahajan, has sought vacation of the interim protection granted to Mr Singal.

The ED had issued summons to Singal in the money laundering case registered in connection with alleged siphoning of funds worth over Rs 2,000 crore.

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Posted By : Rabi Wangkhem on Tue, 14 Jan 2020
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