https://www.taxtmi.com/news?id=73300 The Enforcement Directorate proposed to challenge a Delhi High Court order quashing money laundering proceedings against NewsClick and its editor-in-chief after the predicate FIR was set aside. The agency said the order overlooked allegations of false representations to authorities and banks regarding the investor, source and nature of funds, commercial character of the investment, and share valuation in the context of alleged foreign direct investment without required permission. The ED also said the quashing stage required only a prima facie view on whether the allegations disclosed an offence. en-us Thu, 11 Jun 2026 18:46:06 +0530 Thu, 11 Jun 2026 18:46:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73300 The Enforcement Directorate proposed to challenge a Delhi High Court order quashing money laundering proceedings against NewsClick and its editor-in-chief after the predicate FIR was set aside. The agency said the order overlooked allegations of false representations to authorities and banks regarding the investor, source and nature of funds, commercial character of the investment, and share valuation in the context of alleged foreign direct investment without required permission. The ED also said the quashing stage required only a prima facie view on whether the allegations disclosed an offence. News - Thu, 11 Jun 2026 18:46:06 +0530 https://www.taxtmi.com/news?id=73300