https://www.taxtmi.com/news?id=48451 The ED filed a chargesheet under the Prevention of Money Laundering Act alleging Young Indian, allegedly controlled by the Gandhis, fraudulently usurped Associated Journals Limited assets in exchange for a loan, constituting money laundering. Defence counsel contends the arrangement was a lawful corporate step to make AJL debt-free, notes Young Indian's not-for-profit character as negating illicit benefit, and challenges the cognisance of the chargesheet and the court's jurisdiction while pointing to prosecutorial delay and a private complaint. en-us Fri, 04 Jul 2025 16:31:03 +0530 Fri, 04 Jul 2025 16:36:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48451 The ED filed a chargesheet under the Prevention of Money Laundering Act alleging Young Indian, allegedly controlled by the Gandhis, fraudulently usurped Associated Journals Limited assets in exchange for a loan, constituting money laundering. Defence counsel contends the arrangement was a lawful corporate step to make AJL debt-free, notes Young Indian's not-for-profit character as negating illicit benefit, and challenges the cognisance of the chargesheet and the court's jurisdiction while pointing to prosecutorial delay and a private complaint. News - Fri, 04 Jul 2025 16:31:03 +0530 https://www.taxtmi.com/news?id=48451