Ex-Chairman’s Plea Against ED Search in ₹1400-Crore SKNL Fraud Case Rejected; Court Directs Him to Approach PMLA Authority: Madhya Pradesh High Court

The Madhya Pradesh High Court has dismissed a writ petition filed by Nitin Shambhukumar Kasliwal, former Chairman and Managing Director of M/s S Kumar’s Nationwide Limited, challenging the search and seizure operations conducted by the Enforcement Directorate under the Prevention of Money Laundering Act 2002. The Court held that since statutory proceedings under the Act were already initiated, the petitioner must raise all objections before the competent authority instead of…