Vijay Aggarwal Advocate - Latest News

The CBI has filed a fresh first information report (FIR) against fugitive diamantaire Mehul Choksi for allegedly cheating a consortium of banks led by Canara Bank of ₹55.27 crore. Several teams of the agency also carried out raids at three locations in Mumbai. Besides Choksi, Bezel Jewellery India Pvt Ltd (previously known as D’damas Jewellery), a company promoted by him, and its whole-time directors Chetna Jhaveri, Dinesh Bhatia and Milind Limaye have also been booked by the agency, the people cited above said. In a complaint on August 30, 2021, Canara Bank alleged that the bank, along with Bank of Maharashtra, had sanctioned ₹30 crore and ₹25 crore, respectively, as working capital facility to Bezel Jewellery under a consortium agreement.  Though the loan was granted for manufacture and sale of gold and diamond-studded jewellery, the company did not route any of the business transactions through the account to hide diversion of funds, the people cited above said on condition of a...

Last week, CBI questioned Rishi Aggarwal in the matter. ABG Shipyard case is said to be India's biggest bank fraud. New Delhi: Former Chairman and Managing Director (CMD) Rishi Aggarwal on Monday reached Central Bureau of Investigation (CBI) headquarter to join investigation with voluminous documents in ₹ 22,842 crore bank loan fraud, allegedly committed by ABG Shipyard Limited.  Last week, CBI questioned Rishi Aggarwal in the matter. ABG Shipyard case is said to be India's biggest bank fraud. Rishi Aggarwal was accompanied by the legal team of Advocate Vijay Aggarwal to the CBI headquarter. Advocate Vijay Aggarwal is best known for handling 2G spectrum scam case, ICICI-Videocon case, Yes Bank's Rana Kapoor case etc. ABG Shipyard case: Former Chairman and MD Rishi Aggarwal reaches CBI headquarters in Delhi to join the investigation pic.twitter.com/nLyeWWze5C — ANI (@ANI) February 21, 2022 Recently CBI in a statement, said that the accused have been located in India. Th...

MUMBAI: Bombay high court bench of Justices Gautam Patel and Madhav Jamdar on Wednesday directed parties to maintain status quo in the money laundering case against Maharashtra Member of Legislative Assembly (MLA) from Rashtriya Samaj Paksha, Ratnakar Manikrao Gutte , till an appeal filed against an attachment order is taken up before the PMLA Appellate Tribunal . The appeal against an attachment order is a statutory right. The HC also additionally restrained against taking further coercive steps in relation to Gutte’s properties in the interim. The Directorate of Enforcement (ED) had filed a case under the Prevention of Money Laundering Act (PMLA) against Gutte in connection with an alleged Rs 635-crore bank fraud. The Yogeshwary Hatcheries Pvt Ltd and Gangakhed Solar Power Pvt Ltd are among the assets worth Rs 225 crore associated that ED attached including Gangakhed Sugar & Energy Ltd of which Gutte is the chairperson. Yogeshwari Hatcheries and Gangakhed Solar Power Pvt Ltd ...

“Illegal favours are found to have been extended by Yes Bank to Avantha Group. Any quid pro quo for extending such illegal benefit is yet to be ascertained,” ED alleged in its remand paper as reported by ET last week. The ongoing case against Gautam Thapar for an alleged ₹500-crore-plus bank loan fraud “might have wide ramifications”, a local court observed in its order remanding the Avantha Group promoter to 10 days custodial interrogation of the Enforcement Directorate (ED). “It appears that thorough and detailed custodial interrogation of this accused (Thapar) will be required in this case regarding the modus operandi pertaining to the commission of offence and to dig out other documentary evidenc. A replica of the order, handed final Thursday, was made obtainable on Tuesday. “The details of the money trail have also to be worked out,” it mentioned. “The involvement of the accused along with earlier management of the Yes Bank is also to be worked out. This case might have wi...

Speaking exclusively to Republic TV ahead of the hearing in the Eastern Caribbean Supreme Court on Wednesday, advocate Vijay Aggarwal admitted that his client Mehul Choksi's brother Chetan is in Dominica. As per Caribbean news outlet  Associates Times , Chetan Chinubhai Choksi asked Dominica's Leader of Opposition Lennox Linton to issue statements in the favour of his brother in lieu of the 2,00,000 dollars token amount and funding for the upcoming general election. Dismissing this as a "cock and bull story", Aggarwal claimed that the Chetan Choksi cannot meet anyone as he is in quarantine.    Mehul Choksi's counsel Vijay Aggarwal remarked, "In Dominica, there is a quarantine protocol. Indeed, the brother of Mehul Choksi-Chetan Choksi has reached Dominica to ensure that his brother gets medical attention. He has nothing to do with the legal strategy and he is in compulsory quarantine. He is in the hotel quarantine facility. He cannot mee...

  For the first time, Choksi’s counsel advocate Vijay Aggarwal , confirmed that he is missing in the island nation. New Delhi:  Fugitive diamantaire Mehul Choksi, who is wanted by the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED), has gone missing in Antigua and Barbuda. For the first time, Choksi’s counsel advocate Vijay Aggarwal, confirmed that he is missing in the island nation. In an exclusive statement to ANI, his lawyer said, “ Mr Mehul Choksi is missing. His family members are worried and anxious and had called me to discuss. Antigua police is investigating. Family is in the dark and worried about his safety.” There were media reports in Antigua that the police have launched a manhunt for Mehul Choksi. It was reported that Choksi left his home last evening to go for dinner at a well-known restaurant in the southern part of the island and was never seen again. His vehicle was discovered in Jolly Harbour later in the ...

  A group of people linked with the development said that The Central bureau of Investigation(CBI) is nowadays functioning on the practice of to ensure that the witnessed linked with its cases are not been called for questioning purpose on day to day basis to avoid the allegations of harassment that were being imposed on CBI . Witnesses were called every single day in many cases like 2G coal spectrum scam, and other high profile cases like the one Punjab national bank scan associated with Nirav modi and Mehul choksi and the corruption case against former union minister of India P Chidambaram and the Sushant Singh rajput case. Witnesses of these cases were called everyday for investigation and clarification of the various issues linked to these cases. Whilst maintaining the anonymity of the case an officer cited that employee of a public sector bank was called dozens for times in the year of 2018 for the purpose of investigation in a case of bank fraud.  CBI director Pra...

About Metropolitan Law Firm Vijay Aggarwal Metropolitan Law Firm is a group of experienced lawyers and advocates. It is a established, skilled and professionally managed firm based in New Delhi. Our firm is developed and has a strong litigation practice and provides services in most of the parts of India, as it has chain of associates and long ties with firms in different jurisdiction around the country to facilitate and carter services to its national clients, which helps us in reaching our goal of consistence and impeccable quality of legal services.  Skills you need to join  Vijay Aggarwal Metropolitan Law Associates Bachelor s degree, Strong writing skills, Strong organizational skills & attention to detail,Strong communication skills both oral and written. Job Responsibilities you need to fulfill at  Metropolitan Law Firm 1. Conduct research on multiple topics like company matters, financial matters, etc. 2. Proofread and edit blog posts before publication. 3. E...

The Delhi High Court today permitted its future credit and debit out of its bank accounts. It was a big relief for Hamilton Housewares, whose bank account stands frozen at the request of Enforcement Directorate (ED). During the continued becoming aware of the case today, the Enforcement Directorate (ED) educated the Court that a gathering is booked with the Brazil government on August 20 to talk about whether to freeze entire ledgers or freezing of record qua the supposed continues of wrongdoing. Guidance for ED told the Court that no sum was referenced in the solicitation sent by the Brazil government which is testing one of its common lead representatives on charges of debasement and illegal tax avoidance. The Brazil government had moved toward the Indian government looking for freezing of 67 financial balances in India. Vijay Aggarwal Advocate , counsel for Hamilton Housewares, battled that ED was required to record an objection with the settling authority. Aggarwal contended ...

In the history of India, PNB Fraud Scandal has become the 2 nd biggest state run lending cases which astound the financial arena of our country. It was found that the fraud of Rs 11, 400 crores had happened at a branch located in Brady House in Fort, Mumbai. During the initial investigation, it was developed that the branch was issuing the unlawful bank guarantees from many years to these two renowned jewelry groups – Nirav Modi & his uncle Mehul Choksi . They were alleged for raising billions of dollars in the foreign credit which led them to commit this well-known bank scandal of India. This is one of the frauds happened in India which not just shook the country but also shook the banking sector to a great extent.   What Exactly Happened? On dated 29-01-2018, Punjab National Bank lodged a criminal complaint against 3 companies & 4 people. It includes jewelry billionaire Nirav Modi , Mehul Choksi (his uncle), Managing Director of Gitanjali Gems , stating that...