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Fugitive Economic Offenders Bill

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Parliament passes Economic Offenders Bill

Parliament on Wednesday passed a bill that seeks to prevent big economic offenders like Vijay Mallya and Nirav Modi from fleeing the country to evade the legal process. The Fugitive Economic......

Parliament washed out for sixth straight day due to protests

NDA ally, the TDP continued to disrupt the both Houses of the Parliament over demand for special status to Andhra Pradesh.   Lok Sabha The Lok Sabha was adjourned for the day on Monday amid......

Oppn set to corner Centre in Parliament on bank scams

The second part of Parliament's Budget Session is likely to begin on a stormy note with the Congress and other opposition parties set to raise the issue of multi-crore financial scams involving......

Return 'our old India', keep your 'New India' to yourself: Azad

'In old India, there was no hatred, anger or lynching. New India is one where humans are enemies of each other' Tearing into the Bharatiya Janata Party-led government, senior Congress leader......

Fugitive Economic Offenders bill may take ordinance route

Even existing cases might come under the proposed law, including those of Vijay Mallya, Nirav Modi and Mehul Choski. But, the law would not cover earlier cases.  The government plans to......

Cabinet clears Fugitive Economic Offenders Bill

Offenders will be tried under Prevention of Money Laundering Act In a bid to tighten noose around fugitives like diamond merchant Nirav Modi and Vijay Mallya, the cabinet on Thursday approved the......

Will the Fugitive Economic Offenders Bill of any real use?

Legal experts are not sure if threat of confiscation of property will be deterrent enough for fleeing offenders Illustration: Uttam Ghosh/Rediff.com Vijay Mallya reportedly left Indian shores on......

Govt fast-tracks bill to seize assets of defaulters fleeing India

Currently, confiscation can be done through multiple laws, but it is a complicated process.Arup Roychoudhury and Indivjal Dhasmana report. Illustration: Dominic Xavier/Rediff.com Stung by the Rs......

Collect passport details of big borrowers in 45 days: Finmin to Banks

The finance ministry has directed state-owned banks to obtain passport details of all borrowers, who have taken loans in excess of Rs 50 crore, within 45 days with a view to preventing alleged......

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