The arrest comes days after the ED provisionally attached assets worth Rs 940.7 crore belonging to Garg, his family and entities allegedly controlled by him und...
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Ebix Chairman Remand
The Enforcement Directorate (ED) has obtained a 24-hour transit remand for Vikas Garg, the Chairman of Ebix, from the Tis Hazari Court. This development follows ongoing investigations into financial irregularities associated with the company.
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Increased Scrutiny on Corporate Leaders
ED secures 24-hour transit remand of Ebix Chairman Vikas Garg from Tis Hazari Co...
Timeline of Key Developments
3 Events
Oct 2023
Investigation Launched
The Enforcement Directorate begins an investigation into financial irregularities at Ebix.
Oct 2023
Vikas Garg Summoned
Vikas Garg is summoned by the Enforcement Directorate for questioning regarding the investigation.
Latest
Oct 2023
Court Grants Transit Remand
The Tis Hazari Court grants a 24-hour transit remand for Vikas Garg to the Enforcement Directorate.
01 Oct 2023
Investigation Launched
The Enforcement Directorate begins an investigation into financial irregularities at Ebix.
15 Oct 2023
Vikas Garg Summoned
Vikas Garg is summoned by the Enforcement Directorate for questioning regarding the investigation.
20 Oct 2023
Latest
Court Grants Transit Remand
The Tis Hazari Court grants a 24-hour transit remand for Vikas Garg to the Enforcement Directorate.
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ED secures 24-hour transit remand of Ebix Chairman Vikas Garg from Tis Hazari Court
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AI-assisted summary, reviewed by our newsroom
The Enforcement Directorate (ED) has obtained a 24-hour transit remand for Vikas Garg, the Chairman of Ebix, from the Tis Hazari Court. This development follows ongoing investigations into financial irregularities associated with the company.