+
M3M Directors Seek Halt to Trial
ECONOMY & POLICY

M3M Directors Seek Halt to Trial

Directors of the M3M Group have requested a halt to their ongoing trial related to the "cash-for-favor" scam, citing procedural issues and seeking legal relief. The case, which has garnered significant attention, involves allegations of corruption and illicit financial transactions linked to the company’s operations.

The directors, in their plea, argue that the proceedings should be paused as they challenge the charges and highlight various legal and procedural discrepancies in the trial process. The case has raised concerns about transparency and ethics within the real estate sector, especially regarding the role of developers in land transactions and regulatory compliance.

M3M Group, known for its high-profile real estate developments in India, has denied all allegations, asserting that they are committed to following legal and ethical practices in their business dealings. The company’s legal team has strongly opposed the charges and has requested the court to review the validity of the case before proceeding further.

Legal experts suggest that the outcome of this plea could have implications for similar cases within the real estate industry, where concerns about corruption and accountability often come under scrutiny. The court is expected to hear arguments from both sides before making a final decision.

Directors of the M3M Group have requested a halt to their ongoing trial related to the cash-for-favor scam, citing procedural issues and seeking legal relief. The case, which has garnered significant attention, involves allegations of corruption and illicit financial transactions linked to the company’s operations. The directors, in their plea, argue that the proceedings should be paused as they challenge the charges and highlight various legal and procedural discrepancies in the trial process. The case has raised concerns about transparency and ethics within the real estate sector, especially regarding the role of developers in land transactions and regulatory compliance. M3M Group, known for its high-profile real estate developments in India, has denied all allegations, asserting that they are committed to following legal and ethical practices in their business dealings. The company’s legal team has strongly opposed the charges and has requested the court to review the validity of the case before proceeding further. Legal experts suggest that the outcome of this plea could have implications for similar cases within the real estate industry, where concerns about corruption and accountability often come under scrutiny. The court is expected to hear arguments from both sides before making a final decision.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

97 Per Cent Of Rongjeng-Mangsang-Adokgre Road Nears Completion

Deputy Chief Minister in-charge of public works Prestone Tynsong said in Shillong on 26 August that 97 per cent physical progress had been achieved on the ongoing Rongjeng-Mangsang-Adokgre road being constructed under the Non-Lapsable Central Pool of Resources (NLCPR). He noted the project was sanctioned in 2017 and that the stipulated time for completion had been 24 months from issue of the final work order. The deputy chief minister informed the assembly that the government had decided to include the remaining work under a World Bank project. In reply to a query from Rongjeng MLA Jim M Sangm..

Next Story
Infrastructure Transport

First TBM Starts Digging Five Point Three Kilometre Tunnel Under SGNP

The Goregaon-Mulund Link Road (GMLR) Phase three (B) project has reached a key milestone as the first tunnel boring machine (TBM) began excavation of the first of two tunnels beneath the Sanjay Gandhi National Park (SGNP). The machine, named Tulsi, started cutting a five point three kilometre bore that will link Dadasaheb Phalke Chitranagari in Goregaon East with Amar Nagar in Mulund West. Officials issued a statement noting the commencement of tunnelling work under the protected green belt. The twin tunnels are being constructed using mechanised tunnelling methods that aim to limit surface di..

Next Story
Infrastructure Transport

UP Approves Two Expressways And Rs 240 bn Infrastructure Push

The Uttar Pradesh Cabinet approved a series of infrastructure and industrial investment proposals totalling Rs 240 billion (Rs 240 bn), including two major expressway projects, a manufacturing and logistics cluster in Sultanpur and incentives for 11 industrial projects across the state. The decisions, taken at a meeting chaired by Chief Minister Yogi Adityanath, underline the state government’s focus on expanding road connectivity around emerging industrial hubs while attracting manufacturing investment to districts beyond major urban centres. The approvals cover both greenfield expressway c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code