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Amend Act, let IOs attach properties in fin fraud: HC
May 26, 2025
|The New Indian Express Dharmapuri
OBSERVING that District Revenue Officers (DROs), who are authorised to file attachment applications, are overburdened resulting in delay in attaching and selling properties of accused persons in financial fraud cases, the Madurai Bench has directed the state government to take steps to amend the relevant provisions of the Tamil Nadu Protection of Interests of Depositors (TNPID) Act, 1997, delegating the power to investigating officers.
Justice B Pugalendhi gave the direction while hearing a batch of petitions filed by some of the victims in a case registered by Economic Offences Wing, Madurai, against Apsal India Pvt Ltd and its sister concerns, which allegedly lured depositors promising high returns but cheated them. The petitioners alleged delay in the investigation and sought to speed up the same or transfer
هذه القصة من طبعة May 26, 2025 من The New Indian Express Dharmapuri.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Dharmapuri
The New Indian Express Dharmapuri
Setback to Soren as HC stays police probe into FIR against ED officials
IN yet another setback to the Hemant Soren government, the Jharkhand High Court on Friday stayed the probe against officials of the Enforcement Directorate (ED) initiated by the state police in a case of alleged assault.
1 min
January 17, 2026
The New Indian Express Dharmapuri
SC seeks Karisma's reply on plea for copy of divorce settlement with Sunjay
THE Supreme Court has sought the response of Bollywood actress Karisma Kapoor on the petition of Priya Sachdev Kapur, who has sought a certified copy of the divorce settlement between their late husband Sunjay Kapur and Karisma arrived at in 2016 in the top court.
1 min
January 17, 2026
The New Indian Express Dharmapuri
Speaker recalls legacy of democratic dialogues
Conference conceived for legislative communication
2 mins
January 17, 2026
The New Indian Express Dharmapuri
DONT DICTATE BIZ MODEL TO COVER GOVT DEFICIENCIES
A business model that failed across the world has taken off in India for both commendable and worrying reasons.
1 mins
January 17, 2026
The New Indian Express Dharmapuri
2 women kill man over failed relationship
A 22-year-old construction worker was hacked to death at Old Pallavaram on Wednesday night after being allegedly lured to the location by two women with whom he was said to have been in a relationship.
1 min
January 17, 2026
The New Indian Express Dharmapuri
Defence Procurement Board nod to 114 Rafale multirole fighter project
A proposal to acquire 114 Rafale fighter jets from French manufacturer Dassault Aviation was on Friday given the go-ahead by the Defence Procurement Board chaired by Defence Secretary RK Singh, sources said.
1 mins
January 17, 2026
The New Indian Express Dharmapuri
Biren in Delhi, likely to meet BJP leaders for govt formation
AMID speculations that the Centre is exploring to form a government in ethnic-violence-hit Manipur, former chief minister N Biren Singh has arrived in Delhi and is expected to meet top functionaries of the Ministry of Home Affairs (MHA).
1 min
January 17, 2026
The New Indian Express Dharmapuri
The Ayodhya Alliance — where myth meets modern power
MASTER-storyteller Ashwin Sanghi spoke about his latest thriller — ‘The Ayodhya Alliance’ -- at the Jaipur Literature Festival (JLF).
1 min
January 17, 2026
The New Indian Express Dharmapuri
‘Writing begins in memory, in pain, in hope’
WRITING does not begin on the page.
1 mins
January 17, 2026
The New Indian Express Dharmapuri
TN lagging behind Gujarat, Rajasthan in solar capacity addition, show data
TAMIL NADU is lagging behind Gujarat and Rajasthan in adding new renewable energy capacity, particularly solar power, over the past nine months, with developers blaming the rejection of several project applications by the Tamil Nadu Electricity Board (TNEB).
2 mins
January 17, 2026
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