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...
Money laundering is the most organized crime. It has been creating a lot of problems in our country. Section 3 of Prevention of Money-laundering Act, 2002 [here-in mentioned PMLA, 2002] defines Money-laundering. Laundering means to clean something, here the launderer cleans illegally obtained funds which have been generated through criminal activity and allow this dirty money to be used in the economy.
Learn about the Master Guidelines on Anti Money Laundering & Counter Financing of Terrorism issued by the Authority for insurers in India.
RBI permits 14 reporting entities to perform authentication under the Aadhaar Act for the purposes of section 11A of Money-laundering Act
J. Sekar @ Sekar Reddy Vs Directorate of Enforcement (Supreme Court of India) It is most relevant to note that CBI after investigation in the main case in RC MA1 2016 A0040 submitted the closure report before the Additional Sessions Judge, CBI Court, Chennai in exercise of power under Section 173(2) Cr.P.C. The said report […]
ED has seized Rs.5551.27 Crore of M/s Xiaomi Technology India Private Limited lying in the bank accounts under the provisions of Foreign Exchange Management Act, 1999 in connection with the illegal outward remittances made by the company Directorate of Enforcement (ED) has seized Rs.5551.27 Crore of M/s Xiaomi Technology India Private Limited under the provisions […]
ED has provisionally attached assets amounting to Rs. 7.27 Crore including Fixed deposits worth Rs. 7.12 Crore of Jacqueline Fernandez under PMLA, 2002 in the case of Sukesh Chandrasekh Enforcement Directorate (ED) has provisionally attached assets amounting to Rs. 7.27 Crore including Fixed deposits worth Rs. 7.12 Crore of Jacqueline Fernandez under Prevention of Money […]
ED has provisionally attached assets worth Rs. 1.88 Crore, under PMLA, 2002 in a disproportionate assets case against Giansing Panmei, the then Superintendent of Customs & Central Excise, Imphal Press Release 20.04.2022 Enforcement Directorate (ED) has provisionally attached assets worth Rs. 1.88 Crore, under Prevention of Money Laundering Act (PMLA), 2002 in connection to a […]
Introduction: I like watching good movies in the theatres, after going by the reviews and word of mouth publicity, so far so good but since the year 2010 till date, I have started listening to the news of Select Blockbuster movies earning anywhere from 350 crores to 1000 crores on a Budget ranging from 200 […]
Central Government after consultation with IDAI & RBI permits 38 reporting entities to perform authentication under the Aadhaar Act for the purposes of section 11A of the Money-laundering Act. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. S.O. 1702(E). | Dated: 8th April, 2022 S.O. 1702(E).—In exercise of the powers conferred by sub-section […]
Anticipatory bail denied in PMLA case, applicant accused of money laundering. Enforcement Directorate cites forged documents and Rs.25,000 tainted money.
