Finance : Explore how cryptocurrencies are used for money laundering, the challenges faced by law enforcement, and the global regulatory res...
Corporate Law : Jharkhand High Court has recently granted bail to Hemant Soren, the former Chief Minister of Jharkhand, in connection with a high-...
Corporate Law : Explore the Prevention of Money Laundering Act (PMLA), its implications, recent amendments, and the role of financial professional...
Corporate Law : Explore the Prevention of Money Laundering Act (PMLA) in India, ED powers, and significant Supreme Court rulings impacting anti-mo...
Corporate Law : Analyzing the clash between India's Insolvency and Bankruptcy Code (IBC) and the Prevention of Money Laundering Act (PMLA), and th...
Corporate Law : Read about the Directorate of Enforcement's (ED) search operations under PMLA at 14 locations in Haryana and Punjab, uncovering ca...
Finance : Discover India exceptional performance in the FATF Mutual Evaluation 2023-24, placing it in the 'regular follow-up' category and b...
CA, CS, CMA : Learn about ICSI's registration requirements on the PMLA Portal for Anti-Money Laundering (AML) and Combating the Financing of Ter...
Corporate Law : FIU-IND imposes a penalty of Rs. 5.49 Cr on Paytm Payments Bank for PMLA breaches related to illegal activities. Details of the in...
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...
Corporate Law : Himachal Pradesh HC denies Rajdeep Singh's bail in the misappropriation of SC/ST/OBC scholarship funds case, citing unsatisfactory...
Corporate Law : Delhi High Court rejects a PIL filed by Ankur Gupta seeking a probe into alleged money laundering and tax evasion, citing previous...
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...
Petitioner is a Chartered Accountant by profession and after passing the examination, he became eligible to be appointed as an Insolvency Professional by the Committee of Creditors under Section 3(19) of IBC, 2016 for handling the companies under liquidation.
ED has provisionally attached immovable property valued at Rs.7.33 Crore under the provisions of the PMLA, 2002 relating to the disproportionate assets case registered against Shri Andasu Ravinder, Additional Director of Income Tax who was compulsorily retired from service. Directorate of Enforcement (ED) has provisionally attached immovable property valued at Rs.7.33 Crore under the provisions […]
Liability of a partner for acts of the firm. Every partner is liable, jointly with all the other partners and also severally, for all acts of the firm done while he is a partner.
ED has freezed the crypto currencies [WRX (utility token of WazirX) and USDT (Tether, an Ethereum token that is pegged to the value of a U.S. dollar)] equivalent to Rs 47.64 Lakhs under PMLA, 2002, in respect to an investigation being conducted against one Aamir Khan and others relating to the Mobile Gaming Application, namely E-nuggets. […]
ED has conducted searches in 3 premises pertaining to M/s Coda Payments India Pvt Ltd in connection with an ongoing investigation under PMLA, 2002 Press Release – 27.09.2022 Directorate of Enforcement (ED) has conducted searches in 3 premises pertaining to M/s Coda Payments India Pvt Ltd in connection with an ongoing investigation under Prevention of Money […]
A census report was cited in the instant judgment which stated that each year the cases of the raid by ED is increasing, however, the infectiveness was highlighted which showed that the conviction rate was zero till 2015-16, and thereafter reached a maximum of four conviction in 2018-19.
Mauritius was successfully upgraded on Recommendation 15 to ‘Largely Compliant’ and With this technical compliance upgrade, Mauritius is now Compliant or Largely Compliant with all 40 FATF Recommendations.
The Prevention of Money Laundering Act, 2002 (hereinafter referred as PMLA) is a legislation to clamp down the money laundering across the country by attachment of property involved in money laundering.
Due to lack of clarity around the notion of ECIR, it is unclear at what point an ECIR is registered and at what moment ECIR should be lodged with Special Court
Govt notifies amendment in Courts for trial of cases under PMLA in Telangana vide notification No. S.O. 4042(E) dated: 16th August, 2022. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 16th August, 2022 S.O. 4042(E).—In exercise of the powers conferred by sub-section (1) of section 43 of the Prevention of Money – laundering […]
