CoinDCX co-founders were granted bail after a court concluded there was no prima facie case of cheating against them. The crypto firm said the arrests were triggered by a fraudulent website impersonating CoinDCX, deceiving a complainant. CoinDCX added that its official platform is “.pro” and claimed it was also a victim of the scam.
A Delhi court has remanded Vinesh Chandel, director of I-PAC, to 14 days of judicial custody in a money laundering probe connected to an alleged coal pilferage case. Chandel has filed for regular bail. The Enforcement Directorate’s custody concluded on the day of the hearing, and the court noted the arrest followed required legal procedures.
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Four accused in the TCS Nashik sexual offence case, including Tausif Attar and Danish Shaikh, are set to be taken into police custody in a fresh matter. The group will be produced before the court on Friday, April 24. Earlier, seven people were arrested in connection with the case and have since moved for bail.
The Karnataka High Court cautioned the Enforcement Directorate that it could impose Rs 1 lakh in costs if the agency’s appeal against Winzo founder Paavan Nanda’s bail is deemed unnecessary. The court’s firm stance highlights growing scrutiny over the ED’s strategy in the money laundering case, as proceedings continue and the bail challenge remains under review.
The CBI has challenged a Delhi High Court order granting bail to Kuldeep Singh Sengar, convicted in the Unnao rape case. The agency has now moved the Supreme Court to contest the bail decision, escalating legal pressure in a case that already drew national attention. The development could affect Sengar’s interim release as the top court reviews the arguments.
The Supreme Court has reiterated the principle that bail is the norm and jail the exception, grounding the approach in Article 21’s protection of personal liberty. The rulings also question how Section 45 of the Prevention of Money Laundering Act operates, arguing it can undermine the presumption of innocence. The focus shifts to balancing enforcement with constitutional rights.
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The Delhi High Court upheld a trial court order granting bail to former Congress councillor Ishrat Jahan in the 2020 Delhi riots conspiracy case. Dismissing the police appeal, the court pointed to more than four years passing since bail was granted, with no reported violations. The ruling explicitly avoids commenting on the merits of the case.
In the alleged sexual harassment case involving TCS’ Nashik unit, the prime accused has moved for bail. In court, he argued that the complaint was filed out of the victim’s frustration over “one-sided feelings” and at times due to alleged parental pressure. The claim raises new questions about how the complaint originated and what evidence will be examined next.
DB Realty and Unitech stocks rose after top executives from both companies were granted bail in the 2G scam case. The market reaction suggests traders are weighing immediate legal relief more than the broader uncertainty around the long-running scandal. The move highlights how court developments can quickly sway sentiment in heavily watched corporate investigations.
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