Maharashtra
Mumbai News: ED Searches 9 Premises Linked To NCP Leader, Sharad Pawar’s Close Aide In Connection With Money Laundering Case
Mumbai: The Enforcement Directorate conducted searches on Thursday and Friday at nine locations, encompassing both official and residential premises of three Jalgaon-based jewellery firms. The promoters and directors of these firms were subjected to these searches in connection with three instances of bank fraud.
These cases involve Ishwarlal Jain, a former Rajya Sabha member and a close associate of Sharad Pawar. Ishwarlal Jain also held the position of the former treasurer of the party. The searches were carried out by the Enforcement Directorate across multiple locations, including Jalgaon, Mumbai, Thane, Aurangabad, Nagpur, and a few others.
ED searches were based on Money Laundering Investigation related to an alleged bank fraud case that caused a total loss of Rs.353 crore to the state Bank of India.
Details On The Case
The current ED search is rooted in an FIR registered by the CBI in 2022 against a jewellery firm associated with Ishwarlal Jain and others. This FIR was prompted by complaints lodged by the State Bank of India. The SBI alleged irregularities in the transactions involving three accused firms: Rajmal Lakhichand Jewellers Pvt Ltd, Manraj Jewellers Pvt Ltd and RL Gold Pvt Ltd. These irregularities are related to transactions with the SBI, spanning the period from 2002 to 2014.
Their promoters, directors and guarantors –Ishwarlal Shaankarala Jain Lalwani, Manish Ishwarlal Jain Lalwani, Pushadevi Ishwarlal Jain Lalwani and Neekita Manish Jain Lalwani who were named as accused in CBI complaint. According to SBI complain to CBI, Rajmal Lakhichand Jewellers caused a loss of Rs 206.73 crore to the bank, RL Gold Caused a Rs 68.19 crore loss and Manraj Jewellers a Rs 76.57 Crore loss.
ED sources reported the seizure of important documents and digital evidence during the search related to the bank fraud. In December 2022, the CBI registered the FIR and also conducted a raid on the jewellery firm at that time, recovering numerous pieces of paper relevant to the bank fraud.
Ishwarlal Jain: Senior Pawar’s Close Aide In NCP
Ishwarlal Jain Lalwani was a prominent leader of the NCP party and was known to have a close association with Sharad Pawar. According to the registered FIR, the three accused companies allegedly sold goods worth Rs. 10,187 crore to a partnership firm during 2010-11 to 2017-18 and bought goods worth Rs. 9,925 crore. despite request from forensic audits, the financials of the company Rajmal Lakhichand were not allegedly provided by the promoters. The bank had alleged that the accused had colluded and committed illegal activities, including forgery by manipulation and submission of fake financial statements and fabrication of factitious transactions.
The entire case pertains to the default of the loan. The bank alleged in the complaint that the mortgaged assets had been sold without seeking its permission which resulted in the loss of security against the loan granted and that the recovery of loans got seriously jeopardised.
The bank also alleged that the accused firms availed the credit facility from SBI but misappropriate their process by their process by diverting them for non-sectioned purpose.the loan accounts had turned into non Performing Assets.
Maharashtra
Mumbai Civic Body Elections to Be Held on January 15; Counting Scheduled for January 16

Mumbai: (Kamar Ansari) The State Election Commission has announced that elections to the Brihanmumbai Municipal Corporation (BMC) will be conducted on January 15, with the counting of votes scheduled for January 16. The announcement brings clarity on the long-awaited civic polls in India’s financial capital.
The Election Commission announced the schedule for elections to 29 municipal corporations, stating that nomination papers for all municipal corporation polls will be accepted only in offline mode, and the voter list will be based on the July 25, 2025 electoral roll.
Election Schedule
Nomination Period: December 23 to December 30, 2025
Scrutiny of Applications: December 31, 2025
Withdrawal of Candidature: January 2, 2026
Final Candidate List & Symbol Allotment: January 3, 2026
Polling Date: January 15, 2026
Counting of Votes: January 16, 2026
The Mumbai civic elections form part of the broader Maharashtra local body election process, which includes polls for municipal corporations, municipal councils, and other local bodies across the state. The decision aims to complete the entire election process within the stipulated legal timeframe.
The BMC, India’s richest civic body, has been functioning without an elected house for several years and has remained under administrative control. The upcoming elections are expected to restore elected representation and accountability in the city’s civic governance.
Political parties have begun preparations for an intensive campaign, with key civic issues such as road conditions, water supply, solid waste management, flood control, housing redevelopment, and environmental protection expected to dominate the election discourse.
The State Election Commission is likely to issue a detailed election programme in the coming days, including nomination schedules, scrutiny dates, and campaigning guidelines. Security arrangements and election machinery are also being put in place to ensure a smooth and transparent polling process across Mumbai.
The announcement has generated significant political activity, with all major parties viewing the BMC elections as a crucial contest that will shape Mumbai’s administrative and political future.
Maharashtra
Thane Lok Adalat Settles 11,827 Pending E-Challan Cases, Collects ₹1.32 Crore In Fines

Thane: As many as 11,827 pending e-challan cases have been settled by the Lok Adalat in Thane and fines of Rs 1.32 crore deposited in court, officials said on Monday.
Under the Motor Vehicles Act, traffic violators are issued e-challans, which are sent directly to their mobile phones, and cases are filed against those who ignore payments, Deputy Commissioner of Police (Traffic) Pankaj Shirsat said.
Following an appeal by the Thane city transport department, vehicle owners were offered an opportunity to clear the outstanding fines.
The Lok Adalat was held on Saturday, and 11,827 cases were settled and fines of Rs 1.32 crore were collected, the official said.
The drive aimed at resolving long-pending cases against motorists who had failed to pay fines imposed for traffic rule violations.
“The Lok Adalat is not only a penal measure but also an awareness initiative to encourage citizens to follow traffic rules, reduce accidents and avoid the burden of fines,” Shirsat added.
Maharashtra
Maharashtra: Abu Asim Azmi presents bill in the House against religious hatred and blasphemy, application of MCOCA and UAPA also included in the draft bill

Mumbai: Nagpur Samajwadi Party leader and MLA Abu Asim Azmi presented a private bill in the Maharashtra Legislative Assembly against those who spread blasphemy and religious hatred. The bill demands action against hate elements and calls for action under MCOCA and UAPA against those who spread religious hatred, in addition to ten years of imprisonment and a bail of Rs 2 lakh so that sectarians do not get bail and such cases of spreading religious hatred are banned. He told the House that there has been an increase in cases of blasphemy in the country and in such a situation, tension arises in the country. Action should be taken against such elements to maintain law and order. This will be possible only when action is taken against such sectarians who promote a hate agenda under the guise of freedom of expression. He said that the Supreme Court had also issued an order for strict action against hate elements and miscreants and has banned inflammatory and hate speech. In such a situation, Maharashtra The bill has been formally introduced in the House to take action against those who spread religious hatred and incite hatred against important people. The draft bill proposes to register a case against communalists under the section of the MCOCA UAPA, which carries a maximum sentence of ten years, so that such elements cannot be granted bail.
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