Suryakumar Gaurishankarn Kanojia vs The Municipal Corporation Of Greater ...

ik-18343341 Bombay High Court 23 December 2025 • CRIMINAL APPEAL NO. 1309 OF 2024; CRIMINAL APPEAL NO. 1309 OF 2024; CRIMINAL APPEAL NO. 79 OF 2020; CRIMINAL APPEAL NO. 79 OF 2020; CRIMINAL APPEAL NO. 1051 OF 2019; CRIMINAL APPEAL NO. 1051 OF 2019; CRIMINAL APPEAL NO. 1051 OF 2019 • 48 min read

Judges (2)

A.S. Gadkari Delivered Ranjitsinha Raja Bhonsale Coram

Parties (15)

ACE Card Agro Industries Pvt. Ltd. Respondent ACE Card Construction Pvt. Ltd. Respondent ACE Card Export Pvt. Ltd. Respondent ACE Card HR Pvt. Ltd. Respondent ACE Card Hotels & Resorts Pvt. Ltd. Respondent ACE Card Infrasol Pvt. Ltd. Respondent ACE Card Media Pvt. Ltd. Respondent ACE Card Power Pvt. Ltd. Respondent ACE Card Reality Pvt. Ltd. Respondent ACE Card Trading Pvt. Ltd. Respondent Dhan Share Trading Pvt. Ltd. Respondent Shapoorji Pallonji and Co. Pvt. Ltd. Intervener Union of India Appellant Nilesh J. Thakur Respondent Suryakumar Gaurishankarn Kanojia Respondent

Case Significance

Suryakumar Gaurishankarn Kanojia vs The Municipal Corporation Of Greater ... is a Bombay High Court decision dated December 23, 2025 (citation: ik-18343341). The Enforcement Directorate appealed in a PMLA case against ACE Card group entities controlled by Nilesh Thakur. The court ordered that 50% of the accrued interest on attached property amounts be refunded to Shapoorji Pallonji and Co. Pvt. Ltd. and the remaining 50% be transferred to the Armed Forces Battle Casualties Welfare Fund (AFBCWF). The Registrar was directed to verify the transfer and report compliance. The bench comprised Justices A.S. Gadkari and Ranjitsinha Raja Bhonsale. The judgment was delivered by Justice A.S. Gadkari.

Summary

The Enforcement Directorate appealed in a PMLA case against ACE Card group entities controlled by Nilesh Thakur. The court ordered that 50% of the accrued interest on attached property amounts be refunded to Shapoorji Pallonji and Co. Pvt. Ltd. and the remaining 50% be transferred to the Armed Forces Battle Casualties Welfare Fund (AFBCWF). The Registrar was directed to verify the transfer and report compliance.

What was the outcome of Suryakumar Gaurishankarn Kanojia vs The Municipal Corporation Of Greater ...?

The Enforcement Directorate appealed in a PMLA case against ACE Card group entities controlled by Nilesh Thakur. The court ordered that 50% of the accrued interest on attached property amounts be refu...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-18343341)