Law

Anil Ambani’s Reliance Group used dozens of shell entities to divert funds: Cobrapost report

IANS | October 30, 2025 2:56 PM

New Delhi, Oct 30 (IANS) News website Cobrapost, in its report on the alleged siphoning of Rs. 28,874 crore by the Anil Ambani-led Reliance Group, on Thursday claimed that the modus operandi deployed included the use of dozens of pass-through entities, called Special Purpose Vehicles (SPVs), subsidiaries, shell companies or offshore entities based in the British Virgin Islands (BVI), Cyprus, Mauritius, the United States, the United Kingdom and Singapore, to route funds to Reliance Innoventure -- the main holding company of the group.

Mere recovery of currency notes not enough for conviction in corruption case: SC

IANS | October 29, 2025 7:15 PM

New Delhi, Oct 29 (IANS) The Supreme Court has reiterated that the mere recovery of tainted currency notes cannot justify a conviction under the Prevention of Corruption Act (PC Act), adding that the demand and acceptance of illegal gratification must be proved beyond reasonable doubt before a presumption of guilt arises.

2020 Delhi riots: SC pulls up police for delay in filing response to bail pleas in ‘larger conspiracy’ case

IANS | October 27, 2025 12:40 PM

New Delhi, Oct 27 (IANS) The Supreme Court on Monday pulled up the Delhi Police for seeking additional time to file its counter-affidavit in the bail petitions filed by student activists Umar Khalid, Sharjeel Imam, Meeran Haider, Gulfisha Fatima, and Shifa-ur-Rehman, all accused in the 2020 Delhi riots “larger conspiracy” case under the Unlawful Activities (Prevention) Act (UAPA).