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HC upholds arrest of Amtek Auto's Dham by ED in INR-250-bln bank fraud case

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HC upholds arrest of Amtek Auto's Dham by ED in INR-250-bln bank fraud case

This story was originally published at 14:42 IST on December 3, 2024  Back
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The Delhi High Court has upheld the arrest of Amtek group former chairman Arvind Dham by the Enforcement Directorate and a Delhi court's subsequent remand order in connection with a bank fraud case of more than INR 250 billion. The high court said that the arrest of Dham was not against the provisions of Section 19 of the Prevention of Money Laundering Act, 2002, and that judicial review of the ground for arrest does not invite an adverse inference.

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