NEW DELHI: Adopting a tough stand against fraudsters, the Supreme Court Monday directed Ayushi Mittal, in custody since 2017 along with husband Anubhav Mittal in a Rs 3,700 crore ponzi fraud cases in Noida, to give asset details of close relatives from her and in-law’s side prior to entertaining her bail plea.Petitioner’s counsel told a bench of CJI Surya Kant, Justices Joymalya Bagchi and Vipul M Pancholi that of the alleged Rs 3,700 crore collected through ‘Social Trade’ scheme launched by Ablaze Info Solutions, which promised returns for liking various social media pages, the company has returned Rs 2,650 crore and that Enforcement Directorate has frozen around Rs 650 crore in bank accounts.When the bench asked about the assets of the woman and her husband, the counsel said that the company is under liquidation and hence there are no assets of the accused woman and her husband. The bench disapproved of this stand and said you have siphoned off thousands of crores by duping the public and now take a stand that you do not have any assets. The bench said, “The petitioner will give a true description of assets belonging to her, husband, children, close relatives on her as well as in-laws’ side, directors and managers of the company. Unless these details are submitted before the court, the bail plea would not be considered.”Making the ED a party to her bail plea, the bench said it is being done to find out whether the assets of the petitioner, her family and close relatives have been attached or not.While Anubhav was arrested in Feb 2017 by the Special Task Force of UP Police, she was arrested in Dec from Pune. At the time of the arrest of Anubhav, the STF had estimated the scale of the scam at Rs 3,700 crore.Mittals had registered the firm on Sep 2, 2010 at an address in Chandni Chowk. Anubhav and his father Sunil Mittal were its directors. Her counsel told SC that after her marriage to Anubhav, she was appointed as a director in the company in place of her father-in-law in March 2016.
Trending
- Pentagon: Pentagon weighs redirecting Ukraine-bound weapons to Middle East as Iran war strains US munitions: Report
- ‘Prove me wrong’: Ex-India batter throws challenge to Ajinkya Rahane ahead of IPL 2026 | Cricket News
- Purnea University admit card released for UG end semester exam: Check hall ticket here
- Estranged wife of Ravi Mohan, Aarti highlights lack of empathy in relationships, shares a cryptic post; fans REACT | Tamil Movie News
- Jaishankar in France to attend G7 meeting with focus on West Asia crisis | India News
- 2nd time in 10 days: ‘Excessive noise’ forces Air India A350 to divert | India News
- BCCI unveils India’s 2026-27 home fixtures: Full schedule, venues revealed | Cricket News
- Bank of Baroda recruitment 2026 opens for 104 posts; check eligibility, dates, fees
