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Opto circuits vs axis bank

WebFeb 19, 2024 · Today we will discuss the latest judicial pronouncement of OPTO Circuit India Ltd. v. Axis Bank & Ors., Criminal Appeal No. 102/2024, wherein the Court discussed the scope and the power of freezing bank accounts by the authorities under the Prevention of Money Laundering Act, 2002 (in short, “ PMLA ”). WebOct 28, 2024 · The case of OPTO Circuit India Ltd. v. Axis Bank & Ors. This case of OPTO Circuit India Ltd. Vs. Axis Bank & Ors (2024), came as an appeal before the Supreme …

Icici v Opto Circuits - Summary - M/s. ICICI Bank Limited v M

WebSep 11, 2024 · Latest Judgments Opto Circuit India Ltd v. Axis Bank and Others September 11, 2024 Petition (s) for Special Leave to Appeal (Crl.) No (s). 4171/2024 Issue notice restricted to the purpose of enabling necessary payment returnable within two weeks. Print PDF (S.A. Bobde, C.J. and A.S. Bopanna and V. Ramasubramanian, JJ.) WebReliance was placed on a decision of the Hon'ble Supreme Court 4 passed in the case of Opto Circuit India Limited vs. Axis Bank and Ors ., reported in 2024 SCC Online SC 55. There it was held that if a statute provided for a thing to be done in a particular manner then it had to be done in that manner alone and in no other manner. frenchiewear https://daniutou.com

Opto Circuit India Ltd v. Axis Bank and Others

WebOPTO Circuit India Ltd. Vs. Axis Bank [February 03, 2024] 10. Neelam Manmohan Attavar Vs. Manmohan Attavar (D) through LRS. [February 05, 2024] 11. Joginder Vs. State of Haryana [February 05, 2024] 12. Gajanan Babulal Bansode Vs. State of Maharashtra [February 05, 2024] 13. Boloram Bordoloi Vs. Lakhimi Gaolia Bank [February 08, 2024] 14. WebFeb 4, 2024 · The appellant, OPTO Circuit India Ltd. while assailing the order passed by the High Court contended that the freezing of the bank accounts maintained by the appellant company has prejudiced the appellant, inasmuch as, the amount in the account which belongs to the appellant is made unavailable to them due to which statutory payments to … WebOct 28, 2024 · Home Tags OPTO Circuit India Ltd. v. Axis Bank & Ors. Tag: OPTO Circuit India Ltd. v. Axis Bank & Ors. An analysis of the Prevention of Money Laundering Act, 2002 (“PMLA”)... frenchie wallet delivery

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Category:OPTO Circuit India Ltd. Vs. Axis Bank - AdvocateKhoj

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Opto circuits vs axis bank

REPORTABLE IN THE SUPREME COURT OF INDIA CRIMINAL …

WebOPTO Circuit India Limited Vs. Axis Bank & Others CDJ 2024 SC 066 03.02.2024 Prevention of Corruption Act, 1988 – Section 13 to 13 (i) (d) Prevention of Money Laundering Act, 2002 – Section 2 (i) (x) and (y) 17 Indian Penal Code 1860. Section 120 (B) 420, 468 and 471, Account of appellant company freezed. Scope of WebOPTO Circuit India Ltd. Vs. Axis Bank & Ors. [Criminal Appeal No. 102 of 2024 arising out of S.L.P. (Criminal) No. 4171 of 2024] A. S. Bopanna, J. 1. Leave granted. 2. The appellant …

Opto circuits vs axis bank

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WebFeb 15, 2024 · In Opto Circuit v. Axis Bank, the Supreme Court held that freezing of bank accounts of the accused undertaken without strict compliance with the pre-conditions … WebFeb 3, 2024 · The respondent No. 4 in the counter affidavit has stated that the action initiated against the appellant is based on the complaint dated 02.11.2024 made by the …

WebOPTO Circuit India Ltd. .…Appellant(s) Versus Axis Bank & Ors. …. Respondent(s) J U D G M E N T A.S. Bopanna, J. Leave granted. 2. The appellant is before this Court assailing the ... WebJul 23, 2024 · Scope of ED’s power to freeze bank accounts under Prevention of Money Laundering Act, 2002 Supreme Court: The 3-judge bench of SA Bobde, CJ and AS Bopanna* and V. Ramasubramanian, JJ has held that under the Prevention of Money -Laundering Act, 2002, though the Directorate of Enforcement is vested with sufficient power to freeze the …

WebIn the case of OPTO Circuit India Ltd. V. Axis Bank &Ors The appellant was displeased with the Enforcement Directorate's order blocking its bank accounts. Written pleas of the appellant before the High Court were refused and this appeal was finally lodged. WebFeb 3, 2024 · OPTO Circuit India Limited v/s Axis Bank & Others Company & Directors' Information:- AXIS BANK LIMITED [ Active] CIN = L65110GJ1993PLC020769 Company & …

WebS.A. Bobde, A.S. Bopanna, V. Ramasubramanian, JJ. OPTO Circuit India Ltd. – Appellant Versus Axis Bank & Ors. – Respondents Criminal Appeal No.102 of 2024 (Arising out of …

WebFeb 3, 2024 · OPTO Circuit India Ltd. Versus Axis Bank & Ors. Prevention of Money Laundering Act, 2002 Tags Money Laundering Supreme Court of India (Full Bench (FB)- Three Judge) Appeal (Crl.), 102 of 2024, Judgment Date: Feb 03, 2024 OPTO Circuit India Ltd. Versus Axis Bank & Ors. Back to Judgments Back to Judgments frenchie waterproof bibsWebFeb 19, 2024 · Introduction . Today we will discuss the latest judicial pronouncement of OPTO Circuit India Ltd. v. Axis Bank & Ors., Criminal Appeal No. 102/2024, wherein the … frenchie waterWebJul 25, 2024 · OPTO Circuits (India) Limited (‘ CD ') had approached ICICI Bank Limited (‘ FC ') for various credit facilities and availed non-fund based working capital facilities of a stand-by letter of credit by way of Credit Agreement Letters. Thereafter, default was committed by the CD to the tune of Rs. 1,07,85,59,340.96/-. frenchie waxWebICICI Bank Limited v M/s. Opto Circuits (India) Limited. Facts The Bank (Financial Creditor) had extended some credit facilities to the Corporate Debtor, who defaulted. Pursuant to such default, the Bank initiated proceedings before NCLT Bengaluru under Section 7 of IBC. Consequently, initiated CIRP against the Corporate Debtor. The Corporate ... fast growing ornamental trees zone 5WebFeb 3, 2024 · Opto Circuit India Ltd. (S) v. Axis Bank And Others (S). Supreme Court Of India Feb 3, 2024 Subsequent References CaseIQ TM (AI Recommendations) Opto Circuit India … fast growing ovarian cancerWebFeb 22, 2024 · A three-judge Bench of the Supreme Court, comprising Chief Justice of India SA Bobde and Justices AS Bopanna and V Ramasubramanian, on February 3, allowed an appeal filed on behalf of OPTO Circuit India Ltd. challenging an August 2024 order passed by the Karnataka High Court. frenchie weapons the boysWebJan 23, 2024 · In another Supreme Court judgement, which is Opto Circuit vs Axis Bank[xxxi], the Court held that the freezing of assets or bank accounts of the accused without adhering to the strict compliance ... frenchie wearing skinny jeans