: ‘The Quint’ founder Raghav Bahl gets interim relief from coercive action in money laundering case #IndiaNEWS The Supreme Court on Wednesday granted interim protection to media entrepreneur Raghav

‘The Quint’ founder Raghav Bahl gets interim relief from coercive action in money laundering case #IndiaNEWS
The Supreme Court on Wednesday granted interim protection to media entrepreneur Raghav Bahl in connection with a money laundering case filed by the Enforcement Directorate, reported Live Law. In an interim decision, the court directed the agency not to take any coercive action against founder of the news website The Quint.The case is based on a chargesheet filed by the Income Tax department for alleged non-disclosure of funds of around Rs 2.45 crore used for buying a property in London. The case was filed in 2019 under the Prevention of Money Laundering Act.On Wednesday, the Supreme Court bench, led by Chief Justice NV Ramana, was hearing a special leave petition filed by Bahl against a Delhi High Court order.On December 3, the Delhi High Court had refused to grant him protection from coercive action in the case, reported The Indian Express. However, the High Court had asked the Enforcement Directorate to respond to Bahl’s petition demanding that the money laundering case against him be quashed. The court had adjourned the matter for further hearing on January 27.The Income Tax department had initiated proceedings against Bahl under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act of 2015 for alleged irregularities in his returns filed for the assessment year 2018-’19.Based on this...Read more

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