📷 Image: Wikimedia Commons / Curvasingh
Business
Karnataka HC Upholds ED Seizure of Genpact Office in Rs 7,800 Crore Case
✍️ Moneycontrol.com
🗓 19 Sep 2026, 12:36 PM
👁 13
The Karnataka High Court has confirmed the Enforcement Directorate’s seizure of Genpact’s Bengaluru office premises, linked to a Rs 7,800 crore money‑laundering investigation.
The Karnataka High Court on Friday upheld the Enforcement Directorate's move to seize the premises of Genpact's office in Bengaluru, citing its alleged involvement in a Rs 7,800 crore financial irregularities case. The court noted that the seizure was carried out under the Prevention of Money Laundering Act and affirmed that the agency acted within its statutory powers.
Genpact, a global business‑process services firm, had challenged the seizure, arguing that the property was essential for its operations. The High Court dismissed the petition, stating that the ED's evidence of potential money‑laundering links justified the action.
In a related order, the bench granted limited relief concerning a $100‑million component of the case, allowing the agency to retain certain assets while the investigation proceeds. The decision underscores the judiciary's support for anti‑money‑laundering enforcement in high‑value corporate cases.
Legal experts say the ruling may set a precedent for future asset‑seizure actions against multinational firms operating in India, especially where large sums are under scrutiny.
The case remains under investigation, and further court hearings are scheduled to determine the final disposition of the seized assets.
Genpact, a global business‑process services firm, had challenged the seizure, arguing that the property was essential for its operations. The High Court dismissed the petition, stating that the ED's evidence of potential money‑laundering links justified the action.
In a related order, the bench granted limited relief concerning a $100‑million component of the case, allowing the agency to retain certain assets while the investigation proceeds. The decision underscores the judiciary's support for anti‑money‑laundering enforcement in high‑value corporate cases.
Legal experts say the ruling may set a precedent for future asset‑seizure actions against multinational firms operating in India, especially where large sums are under scrutiny.
The case remains under investigation, and further court hearings are scheduled to determine the final disposition of the seized assets.