Centre approves FRP of Rs 365 per quintal for sugarcane (See 'Corp Brief') IIT-M's First Technology Summit Integrates AI Breakthroughs With Nation-Building (See 'Corp Brief') Centre Pushes Fast-Track Construction of Tribal Schools; Reviews Progress of 728 EMRS Projects (See 'Corp Brief') Cabinet approves Ship Repair Facility at Vadinar (See 'Corp Brief') A&C - Argument having not been raised before Sole Arbitrator, High Court at Sec 11 stage, Commercial Court u/s 34, or in pleadings of present appeal, cannot be permitted to be advanced orally at final stage: HC (See 'Legal Desk') Cabinet approves 3 multitracking projects covering 19 Districts (See 'Corp Brief') India-Japan cooperation in healthcare is guided by a shared vision: Nadda (See 'Corp Brief') Start-ups & MSMEs driving force to realise Viksit Bharat goal: MoS (See 'Corp Brief') A&C - If arbitration clause does not expressly specify seat of arbitration, does not identify definite venue, and does not contain exclusive jurisdiction clause, petition u/s 11(6) may be maintained: HC (See 'Legal Desk') BRO's Project Deepak celebrates 66th Raising Day (See 'Corp Brief') IPR - Appellant is a portal that reproduces university rankings & information available in public domain without alteration, editorial bias, or disparaging commentary - no interim injunction: HC (See 'Legal Desk') Capital Market - If allegation of insider trading under SEBI (PIT) Regulations, 2015 failed entirely, there is no contravention of SEBI Act: SAT (See 'Legal Desk') India witnesses Historic Expansion in Social Security: Mandaviya (See 'Corp Brief') Health Ministry releases RBSK 2.0 Guidelines at National Summit on Best Practices (See 'Corp Brief') NHAI successfully launches India's first Multi-Lane Free Flow Tolling System (See 'Corp Brief') IBC - Since MPID Act falls within State legislative field and attachment mechanism under MPID Act, especially where property already stands attached and vested in State, cannot be overridden by invoking Sec 238 or Sec 96 of IBC: HC (See 'Legal Desk') Goyal congratulates IIFT on 63rd Foundation Day (See 'Corp Brief') Outreach workshop on Atmanirbhar Panchayat Programme held at NIRD&PR, Hyderabad (See 'Corp Brief') Hyderabad should emerge as Global Hub for Yoga and Wellness: Reddy (See 'Corp Brief') IBC - If CIRP period expires without approved resolution plan, separate CoC resolution approving liquidation by 66% voting share is not required for Adjudicating Authority to order liquidation u/s 33(1)(a): NCLAT (See 'Legal Desk') Reining in Misuse of IBC for Recovery (See CORP EINSICHT)

DRI seizes drugs worth Rs 245 crore

Published: Aug 03, 2022

By TIOLCorplaws News Service

NEW DELHI, AUG 03, 2022: CONTINUING its crackdown on drug syndicates involved in the manufacture, sale and distribution of drugs in the country, the Directorate of Revenue Intelligence (DRI) officers busted a clandestine factory in Yamunanagar, Haryana, that was involved in the illicit manufacture of Ephedrine, a controlled substance listed under Schedule A of the Narcotics Drugs and Psychotropic Substances (Regulation of Controlled Substances) Order, 2013. Ephedrine is used in the manufacture of Methamphetamine - a party drug, more commonly known as ice, crystal meth, speed etc. The said operation led to seizure of 661 kg of Ephedrine and 5,200 kg of raw materials valued at Rs. 133 crore in the international illicit market.

Specific intelligence was developed by DRI that illicit manufacture of chemical drugs was taking place at a clandestine factory in the rural areas adjoining Yamnunanagar, Haryana. During the searches carried out at the factory premises over a period of two days, starting 29th July 2022,  a large consignment of Ephedrine weighting 661 kg was recovered along with over 5,200 kg of raw material, which was to be used for the manufacture of ephedrine. Equipment like centrifuges and glass line reactors, which were being used to manufacture the chemical drugs were also recovered. Three persons, including one of the financiers, have been arrested in this case and further investigations are underway.

In another case, DRI officers intercepted a person at Bengaluru Railway Station, search of whose bag led to the recovery of 16 kg heroin valued at Rs. 112 crore in the international illicit market, which was ingeniously concealed in the false cavity of the trolley bag. This person had arrived in Bengaluru by the morning flight from Addis Ababa, Ethiopia, and was on his way to New Delhi, when he was intercepted. The said person has been arrested and further investigations are underway.

Busting of a factory manufacturing illicit drugs deals a body-blow to the drug syndicates engaged in manufacturing, sale and distribution of such drugs, which have the potential to harm India's youth. DRI is committed to making utmost efforts to protect India from the menace of narcotic drugs and psychotropic substances that have wide ranging socio-economic implications. In the financial year 2021-22, through its operations conducted across the length and breadth of India, DRI seized 3,463 kg of heroin, 208 kg of pseudoephedrine and 321 kg of cocaine, together valued at almost Rs 19,800 crore in the international illicit market.

TIOL CORP SEARCH

TIOL GROUP WEBSITES