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CA, CS, CMA : Explore the May 3, 2023, PMLA notification by FIU-IND, including Red Flag Indicators for CA reporting entities. Guidelines, FAQs, ...
Corporate Law : Detailed analysis of Pirtpal Singh vs Directorate of Enforcement case by Punjab and Haryana HC, regarding PMLA prosecution based o...
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Corporate Law : Allahabad High Court rejects bail for Udhaw Singh in a Rs 7.68 crores fraud case against home buyers and investors. Detailed analy...
Corporate Law : There was sufficient evidence collected by the respondent Enforcement Directorate to prima facie come to the conclusion that asses...
Corporate Law : Check the latest Ministry of Finance notification (S.O. 810(E)) listing reporting entities for Aadhaar authentication under the Pr...
Corporate Law : Read the latest notification by the Ministry of Finance, allowing specific reporting entities to use Aadhaar authentication for co...
Corporate Law : Read the latest Ministry of Finance notification granting Aadhaar authentication permission to reporting entities under the Money-...
Corporate Law : Ministry of Finance has made significant amendments to Prevention of Money Laundering Rules in 2023. Learn about changes and their...
Corporate Law : Notification on Appointment of Administrators under Section 10 of Prevention of Money-laundering Act, 2002. Learn about their role...
Subhra Jyoti Bharali Vs Directorate of Enforcement (Gauhati High Court) Section 173 of the CrPC does not prescribe piecemeal investigation and filing of incomplete charge sheet before the court. Section 173(8) CrPC prescribes that even after filing of charge sheet further investigation can be done. In that case, if the investigating officer gathers additional evidence, […]
Jharkhand High Court held that bail granted as the petitioner was held to be not at flight risk and also there was no possibility of tampering the evidence or influencing/ intimidating the witness.
Special Court under the Prevention of Money Laundering Act, 2002 held that both the accused i.e. Sanjay Raut and Pravin Raut has been arrested illegally as both the accused have satisfied twin conditions under section 45(1)(i)(ii) of the Prevention of Money Laundering Act.
Punjab and Haryana High Court held that bail granted as co-morbodities of the petitioner falls in the exception of being sick as carved out in Section 45 of the Prevention of Money Laundering Act, 2002.
Karnataka High Court held that application filed u/s. 50 of Prevention of Money Laundering Act, 2002, seeking permission to record written statement of accused, is not maintainable before the learned Magistrate
Madras High Court held that even if the accused was not involved in the criminal activity that generated the proceeds of crime, but, if he is involved in some way or the other with the proceeds of crime so generated, he would be liable to be prosecuted under Section 3 read with 4 of the Prevention of Money Laundering Act.
Hon’ble Supreme Court held that by handing over money with the intent of giving bribe, such person will be assisting or will knowingly be a party to an activity connected with the proceeds of crime under Prevention of Money Laundering Act, 2002.
Delhi High Court held that High Court had disposed of the Letters Patent Appeal as the Appellate Tribunal was not functional, however order was passed when the Appellate Tribunal became functional. Accordingly the order passed in LPA will not come in the way of the parties as an equally efficacious alternative remedy available before the Appellate Tribunal.
Jammu Kashmir High Court held that person aggrieved by the order of confirmation of provisional attachment made by the Adjudicating Authority is well within his/her right to file appeal u/s. 26 of Prevention of Money Laundering Act, 2002 within this period of ten days and may persuade the Appellate Authority to intervene in the matter.
Charging of shareholder with crime under PMLA cannot be a ground to attach property of Company unless there is an allegation that property acquired by company was from proceeds of crime.
