EDs ECIR Against M3M India Quashed; Allahabad HC Finds Allegations Lacked Substance

EDs ECIR Against M3M India Quashed; Allahabad HC Finds Allegations Lacked Substance

The Allahabad High Court has quashed the Enforcement Case Information Report (ECIR) and two FIRs against M3M India, a major real estate company. The ruling, delivered on December 20, 2024, ends the legal proceedings against the company, stating the allegations lacked legal merit. Earlier in September 2024, the court had stayed the PMLA proceedings against…

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