{"id":209861,"date":"2019-02-13T13:00:12","date_gmt":"2019-02-13T07:30:12","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=209861"},"modified":"2019-02-20T17:17:50","modified_gmt":"2019-02-20T11:47:50","slug":"pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/","title":{"rendered":"PMLA | Prevention of Money Laundering Act: A special Act with stringent provisions \u2013 must be interpreted strictly in the absence of ambiguity"},"content":{"rendered":"

Appellate Tribunal for Prevention of Money Laundering Act:<\/strong> The Bench of Manmohan Singh, J. (Chairman) and G.C. Mishra (Member) set aside Adjudicating Authority\u2019s order allowing retention of property seized from appellant.<\/p>\n

An Enforcement Case Information Report (ECIR) was filed against the appellant, for acting as a mediator and helping two people in providing tax evasion to a set of corporate entities. A search was conducted at appellant\u2019s office under Section 17(1) of Prevention of Money Laundering Act, 2002 on the strong belief that records\/documents relating to money laundering could be recovered from his office. Pursuant to seizure of requisite property and documents, the respondent filed an application under Section 17(4) of the Act for retention of the seized property until pendency of the proceedings. The said application was allowed by the Adjudicating Authority. Aggrieved thereby, instant appeal was filed.<\/p>\n

Appellant argued that the impugned order was contrary to law as due process mandated under Section 20 of the Act had not been followed by the Enforcement Directorate.<\/p>\n

The Court noted that Section 17(4) of the Act mandates that the authority seizing any record or property under Section 17(1) PMLA shall, within a period of thirty days from such seizure, file an application, requesting for retention of such record or property. In the present case, the respondent had filed this application. However, it was further noted that as per Section 20(2) PMLA, immediately after passing of retention order, a copy of the said order along with the material is to be referred to the Adjudicating Authority in a sealed envelope. But no order had been passed under Section 20 (2) of the Act.<\/p>\n

It was observed that PML Act is a special Act, provisions of which are very stringent and have to be applied strictly. No different meaning can be given in the absence of ambiguity in any provision. Reliance in this regard was placed on Dipak Babaria v. State of Gujarat<\/em>, 2014 (3) SCC 502<\/a> and J. Jayalalitha v. State of Karnataka<\/em>, 2014 (2) SCC 401<\/a> to hold that if a particular thing is to be done in a particular manner, it must be done in that way and none other. In view thereof, it was held that the impugned order was unsustainable in the eyes of law.[Rajesh Kumar Agarwal v. Directorate of Enforcement, Delhi, 2019 SCC OnLine ATPMLA 1<\/b><\/a>, decided on 06-02-2019]<\/p>\n","protected":false},"excerpt":{"rendered":"

Appellate Tribunal for Prevention of Money Laundering Act: The Bench of Manmohan Singh, J. (Chairman) and G.C. Mishra (Member) set aside Adjudicating <\/p>\n","protected":false},"author":8808,"featured_media":209880,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,11],"tags":[33779,33780,25244,31012,33778],"class_list":["post-209861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casebriefs","category-tribunals_commissions_regulatorybodies","tag-absence-of-ambiguity","tag-enforcement-case-information-report","tag-prevention-of-money-laundering-act","tag-seizure","tag-stringent-provisions"],"yoast_head":"\nPMLA | Prevention of Money Laundering Act: A special Act with stringent provisions \u2013 must be interpreted strictly in the absence of ambiguity | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PMLA | Prevention of Money Laundering Act: A special Act with stringent provisions \u2013 must be interpreted strictly in the absence of ambiguity\" \/>\n<meta property=\"og:description\" content=\"Appellate Tribunal for Prevention of Money Laundering Act: The Bench of Manmohan Singh, J. (Chairman) and G.C. Mishra (Member) set aside Adjudicating\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-13T07:30:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-02-20T11:47:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/pmla.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1330\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bhumika Indulia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bhumika Indulia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/\",\"name\":\"PMLA | Prevention of Money Laundering Act: A special Act with stringent provisions \u2013 must be interpreted strictly in the absence of ambiguity | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/pmla.jpg\",\"datePublished\":\"2019-02-13T07:30:12+00:00\",\"dateModified\":\"2019-02-20T11:47:50+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/pmla.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/pmla.jpg\",\"width\":1330,\"height\":887},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PMLA | Prevention of Money Laundering Act: A special Act with stringent provisions \u2013 must be interpreted strictly in the absence of ambiguity\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a\",\"name\":\"Bhumika Indulia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg\",\"caption\":\"Bhumika Indulia\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_1\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"PMLA | Prevention of Money Laundering Act: A special Act with stringent provisions \u2013 must be interpreted strictly in the absence of ambiguity | SCC Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/","og_locale":"en_US","og_type":"article","og_title":"PMLA | Prevention of Money Laundering Act: A special Act with stringent provisions \u2013 must be interpreted strictly in the absence of ambiguity","og_description":"Appellate Tribunal for Prevention of Money Laundering Act: The Bench of Manmohan Singh, J. (Chairman) and G.C. Mishra (Member) set aside Adjudicating","og_url":"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2019-02-13T07:30:12+00:00","article_modified_time":"2019-02-20T11:47:50+00:00","og_image":[{"width":1330,"height":887,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/pmla.jpg","type":"image\/jpeg"}],"author":"Bhumika Indulia","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Bhumika Indulia","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/","url":"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/","name":"PMLA | Prevention of Money Laundering Act: A special Act with stringent provisions \u2013 must be interpreted strictly in the absence of ambiguity | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/pmla.jpg","datePublished":"2019-02-13T07:30:12+00:00","dateModified":"2019-02-20T11:47:50+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a"},"breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/pmla.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/pmla.jpg","width":1330,"height":887},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/13\/pmla-prevention-of-money-laundering-act-a-special-act-with-stringent-provisions-must-be-interpreted-strictly-in-the-absence-of-ambiguity\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"PMLA | Prevention of Money Laundering Act: A special Act with stringent provisions \u2013 must be interpreted strictly in the absence of ambiguity"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a","name":"Bhumika Indulia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg","caption":"Bhumika Indulia"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_1\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/pmla.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":360939,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/20\/high-courts-on-economic-offences-pmla-public-accountability-vigilance-prevention-of-corruption\/","url_meta":{"origin":209861,"position":0},"title":"Case Reported in HCC | Delhi, Bombay & Calcutta High Courts on Economic offences","author":"Nikita","date":"September 20, 2025","format":false,"excerpt":"Explore latest cases reported in SCC\u2019S High Court Cases (HCC) on matter related to the Prevention of Money Laundering Act, 2002 and the Prevention of Corruption Act, 1988 covering critical issues related to power of authorities regarding summons, Bail, Sanction for prosecution, Grounds of Incomplete investigation, Interpretation of \u201creasonable grounds\u2026","rel":"","context":"In "Cases Reported"","block_context":{"text":"Cases Reported","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casesreported\/"},"img":{"alt_text":"High Courts on Economic Offences","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/High-Courts-on-Economic-Offences.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/High-Courts-on-Economic-Offences.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/High-Courts-on-Economic-Offences.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/High-Courts-on-Economic-Offences.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":317239,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/03\/16\/on-procedure-and-propriety-travails-of-an-innocent-purchaser-of-tainted-property-under-the-pmla-framework\/","url_meta":{"origin":209861,"position":1},"title":"On Procedure and Propriety: Travails of an Innocent Purchaser of Tainted Property under the PMLA Framework","author":"Bhumika Indulia","date":"March 16, 2024","format":false,"excerpt":"by Onkar Thakur\u2020, Nalin Jha\u2020\u2020 and Saksham Chaturvedi\u2020\u2020\u2020","rel":"","context":"In "Op Eds"","block_context":{"text":"Op Eds","link":"https:\/\/www.scconline.com\/blog\/post\/category\/op-ed\/legal-analysis\/"},"img":{"alt_text":"Innocent Purchaser of Tainted Property","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Innocent-Purchaser-of-Tainted-Property.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Innocent-Purchaser-of-Tainted-Property.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Innocent-Purchaser-of-Tainted-Property.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Innocent-Purchaser-of-Tainted-Property.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":334196,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/10\/30\/delhi-high-court-bail-vaibhav-ankush-jain-money-laundering-aap-satyender-jain-legal-news\/","url_meta":{"origin":209861,"position":2},"title":"Delhi High Court grants bail to Vaibhav & Ankush Jain in high-profile Money Laundering case linked to AAP leader Satyender Jain","author":"Arunima","date":"October 30, 2024","format":false,"excerpt":"Both the applicants have been released once on interim bail and during that period no incident has been alleged by the respondent to have occurred wherein the applicants have tried to tamper with evidence or influence witnesses.","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Delhi High Court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Delhi-High-Court.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Delhi-High-Court.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Delhi-High-Court.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Delhi-High-Court.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":305073,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/10\/17\/sebi-revises-master-circular-on-anti-money-laundering-and-terrorist-combating-terrorist-fiancing-legal-news\/","url_meta":{"origin":209861,"position":3},"title":"SEBI makes stringent provisions on Money Laundering and Terrorist Financing in accordance with PML (Maintenance of Records) Rules 2005","author":"Kriti","date":"October 17, 2023","format":false,"excerpt":"On 13-10-2023, the Securities and Exchange Board of India (\u2018SEBI\u2019) notified amendments in its Master Circular dated 3-2-2023 on Guidelines on Anti-Money Laundering (\u2018AML\u2019) Standards and Combating the Financing of Terrorism (\u2018CFT\u2019) \/Obligations of Securities Market Intermediaries under the Prevention of Money Laundering Act, 2002 and Rules framed there under.\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"SEBI","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/sebi.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/sebi.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/sebi.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/sebi.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":360809,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/19\/bom-hc-quashes-money-laundering-case-in-maharashtra-sadan-scam\/","url_meta":{"origin":209861,"position":4},"title":"Bombay High Court quashes money laundering case against Chamankar Enterprises in Maharashtra Sadan Scam","author":"Editor","date":"September 19, 2025","format":false,"excerpt":"Anti-Corruption Bureau probed irregularities in granting of Rs 100 crore contract to the petitioners for three projects including the construction of Maharashtra Sadan in New Delhi. Based on such findings, Enforcement Directorate registered separate money-laundering case against the petitioners.","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Maharashtra Sadan","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Maharashtra-Sadan.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Maharashtra-Sadan.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Maharashtra-Sadan.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Maharashtra-Sadan.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":329039,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/08\/21\/commission-of-scheduled-offence-is-a-prerequisite-for-prosecuting-an-offence-under-prevention-of-money-laundering-act-jk-high-court-scc-times\/","url_meta":{"origin":209861,"position":5},"title":"Commission of scheduled offence is a prerequisite for prosecuting an offence under Prevention of Money Laundering Act: J&K High Court","author":"Ritu","date":"August 21, 2024","format":false,"excerpt":"The Court quashed the complaint, charge sheet, and charges framed by the Designated Special Court, Srinagar, under the PMLA.","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Jammu and Kashmir and Ladakh High Court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Jammu-and-Kashmir-and-Ladakh-High-Court.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Jammu-and-Kashmir-and-Ladakh-High-Court.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Jammu-and-Kashmir-and-Ladakh-High-Court.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Jammu-and-Kashmir-and-Ladakh-High-Court.webp?resize=700%2C400&ssl=1 2x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/209861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=209861"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/209861\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/209880"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=209861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=209861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=209861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}