The Delhi High Court on Thursday issued notice to the Enforcement Directorate (ED) on the bail plea of arrested businessman Yogesh Mittal, a close associate of advocate R. Tandon, in connection with a money laundering case.
The court asked the Enforcement Directorate to file its reply on the bail plea till June 19.
The Enforcement Directorate arrested Mittal on June 5.
The counsel for Enforcement Directorate also opposed the bail of Mittal as he is in its custody and there is a need for interrogation.
Whereas the counsel for Mittal clearly said his client always co-operated the probe and joined more than 10 times with the investigation agency.
According to the Enforcement Directorate, the accused had allegedly converted demonetised notes into valid currency.
Earlier in February, the Enforcement Directorate had issued a provisional attachment order attaching movable and immovable properties worth Rs. 6, 84, 26,500 of Tandon, Kolkata-based businessman Paras Mal Lodha and others in money laundering case post demonetisation.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app