https://www.taxtmi.com/news?id=62059 Custody under the Prevention of Money Laundering Act was granted after the Enforcement Directorate alleged the founder and managing trustee diverted student fees and other funds for personal use, misrepresented accreditation and recognition, and showed unexplained revenue growth; the court found Section 19 compliance and approved a 13 day ED custody remand to enable custodial interrogation, asset tracing, and further searches following cash seizures. en-us Wed, 19 Nov 2025 11:01:03 +0530 Wed, 19 Nov 2025 11:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=62059 Custody under the Prevention of Money Laundering Act was granted after the Enforcement Directorate alleged the founder and managing trustee diverted student fees and other funds for personal use, misrepresented accreditation and recognition, and showed unexplained revenue growth; the court found Section 19 compliance and approved a 13 day ED custody remand to enable custodial interrogation, asset tracing, and further searches following cash seizures. News - Wed, 19 Nov 2025 11:01:03 +0530 https://www.taxtmi.com/news?id=62059