economic offenders
27 economic offenders fled India in last 5 yrs, parliament informed
Interpol has been approached to issue RCNs against 20 of them, out of which 8 RCNs have been already issued.
President clears Bill to deter economic offenders from fleeing country
The new legislation will prevent big economic offenders like Vijay Mallya and Nirav Modi from fleeing the country and evading the law.
President Kovind promulgates fugitive economic offenders ordinance
The ordinance will allow the govt to confiscate properties and assets of loan defaulters who flee the country.
Arrest for GST default signals strict enforcement of new law
Experts say search and seizure provisions rather harsh.
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