{"id":291964,"date":"2023-05-12T18:00:09","date_gmt":"2023-05-12T12:30:09","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=291964"},"modified":"2023-05-12T16:50:03","modified_gmt":"2023-05-12T11:20:03","slug":"activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/","title":{"rendered":"MoF widens ambit of “Person carrying on designated business or profession” under PMLA"},"content":{"rendered":"
\n

On 9-5-2023, the Ministry of Finance notified that the following activities when carried out in the course of business on behalf of or for another person, will be included in the definition of “person carrying on designated business or profession”<\/b> given under Section 2(1)(sa)(vi) and this person will have the obligations of a “reporting entity”<\/b> mentioned in Section 2(1)(wa)<\/a> of the Prevention of Money-Laundering Act, 2002<\/a>, (‘PMLA’) namely-<\/p>\n

1. acting as a formation agent of companies and Limited Liability Partnerships (‘LLP’);<\/p>\n

2. acting as or arranging for another person to act as<\/p>\n

• a director or secretary of a company<\/p>\n

• a partner of a firm<\/p>\n

• a similar position in relation to other companies and LLP;<\/p>\n

3. providing a registered office, business address or accommodation, correspondence or administrative address for a company or a LLP or a trust;<\/p>\n

4. acting as or arranging for another person to act as a trustee of an express trust or performing the equivalent function for another type of trust;<\/p>\n

5. acting as or arranging for another person to act as a nominee shareholder for another person.<\/p>\n

Further, it was clarified that the following activities will be excluded from the scope:<\/p>\n

1. any activity that is carried out as part of any agreement of lease, sub-lease, tenancy or any other agreement or arrangement for the use of land or building or any space and the consideration is subjected to deduction of income-tax as defined under Section 194-I<\/a> of Income-tax Act, 1961<\/a><\/b>; or<\/p>\n

2. any activity that is carried out by an employee on behalf of his employer in the course of or in relation to his employment; or<\/p>\n

3. any activity that is carried out by an advocate, a chartered accountant, cost accountant or company secretary in practice, who is engaged in the formation of a company to the extent of filing a declaration as required under Section 7(1)(b)<\/a> of Companies Act, 2013<\/a><\/b>; or<\/p>\n

4. any activity of a person which falls within the meaning of an intermediary as defined in Section 2 (1) (n) of the PMLA<\/b>.<\/p>\n

Note:<\/b><\/p>\n

Section 2 (1) (wa)- “Reporting Entity”<\/b> means a banking company, financial institution, intermediary or a person carrying on a designated business or profession.<\/p>\n

Section 2 (1) (sa)- “person carrying on designated business or profession”<\/b> means,—<\/p>\n

(i<\/i>) a person carrying on activities for playing games of chance for case of kind, and includes such activities associated with casino;<\/p>\n

[(ii<\/i>) Inspector-General of Registration appointed under Section 3<\/a> of the Registration Act, 1908<\/a> (16 of 1908) as may be notified by the Central Government;]<\/p>\n

(iii<\/i>) real estate agent, as may be notified by the Central Government;<\/p>\n

(iv<\/i>) dealer in precious metals, precious stones and other high value goods, as may be notified by the Central Government;<\/p>\n

(v<\/i>) person engaged in safekeeping and administration of cash and liquid securities on behalf of other persons, as may be notified by the Central Government; or<\/p>\n

(vi<\/i>) person carrying on such other activities as the Central Government may, by notification, so designate, from time to time;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

On 9-5-2023, the Ministry of Finance notified that the following activities when carried out in the course of business on behalf of <\/p>\n","protected":false},"author":67515,"featured_media":284863,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[2824,34084,57564],"class_list":["post-291964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications","tag-Ministry_of_Finance","tag-pmla","tag-reporting-entity"],"yoast_head":"\nMoF widens ambit of Person carrying on designated business or profession | SCC Blog<\/title>\n<meta name=\"description\" content=\"MoF notified more activities which will be included under definition of person carrying on designated business or profession under PMLA.\" \/>\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\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MoF widens ambit of “Person carrying on designated business or profession” under PMLA\" \/>\n<meta property=\"og:description\" content=\"MoF notified more activities which will be included under definition of person carrying on designated business or profession under PMLA.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/\" \/>\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=\"2023-05-12T12:30:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-510.png\" \/>\n\t<meta property=\"og:image:width\" content=\"886\" \/>\n\t<meta property=\"og:image:height\" content=\"590\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Kriti\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kriti\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 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\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/\",\"name\":\"MoF widens ambit of Person carrying on designated business or profession | SCC Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-510.png\",\"datePublished\":\"2023-05-12T12:30:09+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/eba3a7deccde6b0aee12e1ce38c5ccfd\"},\"description\":\"MoF notified more activities which will be included under definition of person carrying on designated business or profession under PMLA.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-510.png\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-510.png\",\"width\":886,\"height\":590,\"caption\":\"Ministry of Finance\u00a0\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MoF widens ambit of “Person carrying on designated business or profession” under PMLA\"}]},{\"@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\/eba3a7deccde6b0aee12e1ce38c5ccfd\",\"name\":\"Kriti\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd399db894c8c7120c1692bc4678f14b48d0de98ac8612d875dfe6be68c65940?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd399db894c8c7120c1692bc4678f14b48d0de98ac8612d875dfe6be68c65940?s=96&d=mm&r=g\",\"caption\":\"Kriti\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/scc_8\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"MoF widens ambit of Person carrying on designated business or profession | SCC Blog","description":"MoF notified more activities which will be included under definition of person carrying on designated business or profession under PMLA.","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\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/","og_locale":"en_US","og_type":"article","og_title":"MoF widens ambit of “Person carrying on designated business or profession” under PMLA","og_description":"MoF notified more activities which will be included under definition of person carrying on designated business or profession under PMLA.","og_url":"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2023-05-12T12:30:09+00:00","og_image":[{"width":886,"height":590,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-510.png","type":"image\/png"}],"author":"Kriti","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kriti","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/","url":"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/","name":"MoF widens ambit of Person carrying on designated business or profession | SCC Blog","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-510.png","datePublished":"2023-05-12T12:30:09+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/eba3a7deccde6b0aee12e1ce38c5ccfd"},"description":"MoF notified more activities which will be included under definition of person carrying on designated business or profession under PMLA.","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-510.png","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-510.png","width":886,"height":590,"caption":"Ministry of Finance\u00a0"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/12\/activities-included-in-definition-of-person-carrying-on-designated-business-or-profession-under-pmla-legal-news\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"MoF widens ambit of “Person carrying on designated business or profession” under PMLA"}]},{"@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\/eba3a7deccde6b0aee12e1ce38c5ccfd","name":"Kriti","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd399db894c8c7120c1692bc4678f14b48d0de98ac8612d875dfe6be68c65940?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd399db894c8c7120c1692bc4678f14b48d0de98ac8612d875dfe6be68c65940?s=96&d=mm&r=g","caption":"Kriti"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/scc_8\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-510.png","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":300978,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/09\/07\/mof-notifies-pmla-maintenanceofrecords-second-amendment-rules-legal-news\/","url_meta":{"origin":291964,"position":0},"title":"Principal Officer to also be a Management Level Officer vide PMLA (Maintenance of Records) Rules 2005","author":"Kriti","date":"September 7, 2023","format":false,"excerpt":"On 4-9-2023, the Ministry of Finance notified the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2023 to amend the Prevention of Money-laundering (Maintenance of Records) Rules, 2005. Key Points: Rule 2 clause (f) describes the meaning of a \u201cPrincipal Officer\u201d. The amendment specifies that apart from being an\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"ministry of finance","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/ministry-of-finance.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/ministry-of-finance.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/ministry-of-finance.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/ministry-of-finance.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":297677,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/07\/26\/delhi-high-court-paypal-reporting-entity-payment-system-operator-under-pmla\/","url_meta":{"origin":291964,"position":1},"title":"PayPal is a \u2018payment system operator\u2019 under PMLA; Delhi High Court quashes monetary penalty imposed by Financial Intelligence Unit, India","author":"Arunima","date":"July 26, 2023","format":false,"excerpt":"All the elements of the transaction comprised or connected with a payment being effected between two parties would appear to fall within the scope of the expression \u2018payment system\u2019 as defined under Section 2(1)(rb) of the PMLA.","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\/2023\/05\/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\/2023\/05\/delhi-high-court.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/delhi-high-court.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/delhi-high-court.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":241467,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/12\/29\/centre-notifies-real-estate-agents-as-persons-carrying-on-designated-businesses-or-professions\/","url_meta":{"origin":291964,"position":2},"title":"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","author":"Bhumika Indulia","date":"December 29, 2020","format":false,"excerpt":"In exercise of the powers conferred by sub-clause (iv) of clause (sa) of sub-section (1) of section 2 of the Prevention of Money-Laundering Act, 2002, the Central Government hereby rescinds the notification of the Government of India, Ministry of Finance, Department of Revenue, No. 8\/2017, dated 15 November, 2017, published\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":304226,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/10\/10\/ed-to-furnish-grounds-of-arrest-in-writing-supreme-court-legal-news\/","url_meta":{"origin":291964,"position":3},"title":"Why should grounds of arrest be furnished in writing by ED? SC explains constitutional and statutory mandate","author":"Editor","date":"October 10, 2023","format":false,"excerpt":"\u201cThe very purpose of the constitutional and statutory protection would be rendered nugatory if the authorities concerned are permitted to merely read out or permit reading of the grounds of arrest, irrespective of their length and detail, and claim due compliance with the constitutional requirement under Article 22(1) and the\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"grounds of arrest in writing","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/10\/grounds-of-arrest-in-writing.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/10\/grounds-of-arrest-in-writing.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/10\/grounds-of-arrest-in-writing.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/10\/grounds-of-arrest-in-writing.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":326394,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/07\/12\/supreme-court-grants-interim-bail-arvind-kejriwal-in-pmla-case\/","url_meta":{"origin":291964,"position":4},"title":"Supreme Court grants interim bail to Arvind Kejriwal in PMLA case; refers question of arrest by ED to larger bench","author":"Editor","date":"July 12, 2024","format":false,"excerpt":"\u201cAny undue indulgence and latitude to the ED will be deleterious to the constitutional values of rule of law and life and liberty of persons. An officer cannot be allowed to selectively pick and choose material implicating the person to be arrested. They have to equally apply their mind to\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"interim bail to Arvind Kejriwal","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/07\/interim-bail-to-Arvind-Kejriwal.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/07\/interim-bail-to-Arvind-Kejriwal.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/07\/interim-bail-to-Arvind-Kejriwal.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/07\/interim-bail-to-Arvind-Kejriwal.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":333019,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/10\/15\/mere-possession-of-proceeds-of-crime-enough-to-invoke-pmla-madras-high-court\/","url_meta":{"origin":291964,"position":5},"title":"Is mere possession of proceeds of crime enough to invoke PMLA? Madras HC answers","author":"Apoorva","date":"October 15, 2024","format":false,"excerpt":"\u201cPMLA, being a special and standalone statute, the trial proceedings under this Act do not have any bearing on the trial proceedings or the outcome of the trial proceedings of the scheduled offence.\u201d","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Madras High Court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Madras-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\/Madras-High-Court.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Madras-High-Court.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Madras-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\/291964","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\/67515"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=291964"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/291964\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/284863"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=291964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=291964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=291964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}