PMLA

Case BriefsHigh Courts

[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

Case BriefsHigh Courts

Del HC | Does a provision after being declared unconstitutional, gets repealed or wiped out from statute book?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

Case BriefsHigh Courts

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

Op EdsOP. ED.

The Real and Present Danger of Arbitrary Seizures by the Directorate of Enforcement

by Jai Anant Dehadrai* and Md. Tasnimul Hassan**

Op EdsOP. ED.

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

Op EdsOP. ED.

The Punishment Conundrum – Section 13 of Prevention of Corruption Act, 1988 Act and Sections 3 & 4 of Prevention of Money-Laundering Act, 2002

by Rahul M. Shankhar*

Legislation UpdatesNotifications

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

Case BriefsHigh Courts

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

Hot Off The PressNews

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,

Op EdsOP. ED.

Reverse Burden of Proof under Section 24 of the Prevention of Money Laundering Act, 2002– Obligation of the prosecution and the accused and at what stage can this provision be invoked

by Madhav Khurana & Vignaraj Pasayat*

Case BriefsHigh Courts

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