2nd India International Conference on “Money Laundering and Collective Response” [12th November 2022]
With India commemorating 20 years of enactment of the Prevention of Money Laundering Act (PMLA), 2002, the impact of newer
PMLA
Sessions Court rejects Siddique Kappan’s Bail plea in Money Laundering Case
Sessions Court (Lucknow): In a bail application filed by Siddique Kappan for offences under Section 3 of Prevention of Money Laundering Act,
VIPS | National Webinar on “Prevention of Money Laundering Act (PMLA) and its Impact on Corporates”
What are the intricacies of money laundering and how is it prevented? Is there any statute regulating it? Are you curious about
Supreme Court August 2022 Roundup| Justice UU Lalit’s plan as 49th CJI; Benami Property Law; ‘Unconventional’ Families; Release of Bilkis Bano Rapists; Hate Speeches; GST; and more
This roundup contains reports on Justice NV Ramana’s retirement as the 48th CJI; Justice UU Lalit’s plan as new CJI; Rulings on Benami Property law; Unconventional families and their rights; UP CM Yogi Adityanath Hate Speech; Orders on Release of Bilkis Bano’s rapists, PM Security lapse, Pegasus Spyware; PMLA cases; Explainers; Important references to larger/Constitution Benches and ‘Know Thy Judge’ reports on Supreme Court Judges and more.
‘At least two of the issues require reconsideration’; Supreme Court agrees to hear review petition of PMLA verdict
Supreme Court: As Congress MP Karti P. Chidambaram has sought review of the 3-judge bench verdict on the Prevention of Money Laundering
For money launderers “jail is the rule and bail is an exception”: All HC
Allahabad High Court: While addressing a matter with regard to anticipatory bail, Krishan Pahal, J., observed that, Money Laundering being an offence
[Yes Bank Loan Fraud] Public money under garb of Term loan siphoned off, resulting in generation of ‘proceeds of crime’ as well as its layering and ultimate projection as untainted money: Del HC while denying bail to Gautam Thapar
Delhi High Court: While addressing a matter wherein bail of Gautam Thapar accused in Yes Bank Loan Fraud case, was sought, Manoj
Del HC | Does a provision after being declared unconstitutional, gets repealed or wiped out from statute book? HC answers
Delhi High Court: Yogesh Khanna, J., remarked that, Once the Parliament steps in and cures the defect pointed out by a Constitutional
Chh HC | Undertrial prisoners facing trial under PCA/PMLA, cases investigated by CBI/ED/NIA/ SFIO etc. are not entitled to be released
Chhattisgarh High Court: Narendra Kumar Vyas, J., rejected bail and dismissed the petition being devoid of merits. The facts of the case
The Real and Present Danger of Arbitrary Seizures by the Directorate of Enforcement
by Jai Anant Dehadrai* and Md. Tasnimul Hassan**
Controversial Rule of Jail under the Prevention of Money Laundering Act, 2002
by Kapil Madan† and Saurabh Gauba††
Cite as: 2021 SCC OnLine Blog Exp 56
Centre notifies “Real Estate Agents” with annual turnover of Rs 20 lakhs or above as “persons carrying on designated businesses or professions” under PMLA, 2002; Rescinds earlier notification
In exercise of the powers conferred by sub-clause (iv) of clause (sa) of sub-section (1) of section 2 of the Prevention of
Ori HC | “Perpetrators of ponzi schemes have entered in a proverbial Faustain bargain”: Bail refused to accuse of money laundering by way of ponzi scheme
Orissa High Court: S.K. Panigrahi, J., while addressing a matter with regard to money laundering by way of ponzi schemes, stated that, “Act
MHA sets up inter-Ministerial panel to probe alleged violations by Rajiv Gandhi Foundation, Rajiv Gandhi Charitable Trust and Indira Gandhi Memorial Trust
As reported by media, Ministry of Home Affairs sets up an Inter-Ministerial panel set up to probe violations by Rajiv Gandhi Foundation,
Del HC | Petition challenging amendments to PMLA by “Money Bills” dismissed [Reports with submissions by P. Chidambaram and Maninder Acharya]
Delhi High Court: The Bench of Rajendra Menon, CJ and V. Kameshwar Rao, J. dismissed a petition filed by Jairam Ramesh of the