On Wednesday, the High Court of Calcutta asked the Enforcement Directorate not to summon advocate Sanjay Basu or search his office or home without its orders. The High Court will hear Basu’s appeal against the ED raids on Monday.
The ED had questioned whether the division bench of justices I P Mukerji & Biswaroop Chowdhury, now hearing all Ponzi cases, could hear the case as the ED was probing the money trail & not Ponzi cases.
However, Basu’s counsel Jayanta Mitra told the HC that the ED press release made it clear that the probes were pursuant to two chit fund companies — Pincon Group & Tower Group. He also told the HC that Basu had been engaged as a lawyer by the Pincon Group from 2014 to 2017. The High Court said the Ponzi probe may continue.
The Court said, “For the time being there is no need of his being further summoned to the office of the Enforcement Directorate or his house & office being searched".
Source Link
Social media is bold.
Social media is young.
Social media raises questions.
Social media is not satisfied with an answer.
Social media looks at the big picture.
Social media is interested in every detail.
social media is curious.
Social media is free.
Social media is irreplaceable.
But never irrelevant.
Social media is you.
(With input from news agency language)
If you like this story, share it with a friend!
We are a non-profit organization. Help us financially to keep our
journalism free from government and corporate pressure .
0 Comments