Category: Prevention of Money Laundering Act 2002
The Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2023. Ministry of Finance has amended the the Prevention of Money-laundering (Maintenance of Records) Rules, 2005. The meaning of Non-profit organization has been amended to means any entity or organisation, constituted for religious or charitable purposes referred to in …
Bribe whether proceed of crime under PMLA – intent is important says Supreme Court ABCAUS Case Law CitationABCAUS 3616 (2022) (11) SC Bribe whether proceed of crime under PMLA ? In the instant case, The Central Bureau of Investigation (the CBI) checked a car parked in front of …
Under PMLA, further relaxation is given in operation of trust small bank accounts till 31st December, 2021 MINISTRY OF FINANCE(Department of Revenue) NOTIFICATION New Delhi, the 30th June, 2021 G.S.R. 461(E).—In exercise of the powers conferred by clause (iiia) of sub-rule(5) of rule 9 of the Prevention of …
Govt. re-notify Sessions Courts designated as Special Court and their jurisdiction for trial of offences u/s 4 of PMLA for the state of Kerala MINISTRY OF FINANCE(Department of Revenue) NOTIFICATION New Delhi, the 15th April, 2021 S.O. 1648(E).—In exercise of the powers conferred by sub-section (1) of section …
Court of Session designated as Special Court under PMLA 2002 – Amendment to area specified for trial of offence punishable u/s 4 in Bengaluru MINISTRY OF FINANCE(Department of Revenue) NOTIFICATION New Delhi, the 22nd February, 2021 S.O. 794(E).—In exercise of the powers conferred by sub-section (1) of section …
SC directs defreezing of bank account seized under PMLA to pay statutory dues due to non observance of procedure prescribed ABCAUS Case Law CitationABCAUS 3446 (2021) (02) SC Important case law relied referred:Chandra Kishor Jha vs. Mahavir Prasad and Ors. (1999) 8 SCC 266Mohinder Singh Gill & …
Dealers in precious / stones and real estate agents notified under the PMLA (Maintenance of Records) Rules 2005 Finance Ministry notifies dealers in precious / stones and real estate agents under the Prevention of Money-laundering (Maintenance of Records) Rules 2005 The following category of persons has …
Govt notifies 24 Insurance Companies to undertake Aadhaar authentication service under PMLA 2002 MINISTRY OF FINANCE(Department of Revenue) NOTIFICATION New Delhi, the 19th August, 2020 G.S.R. 512(E).—In exercise of the powers conferred by sub-section (1) of section 11A of the Prevention of Money-laundering Act, …
Time extended for banking companies to furnish monthly information under PMLA MINISTRY OF FINANCE(Department of Revenue) NOTIFICATION New Delhi, the 13th April, 2020 G.S.R. 251(E).—In exercise of the powers conferred by section 73 read with section 11A and section 12AA of the Prevention of Money-laundering Act, 2002 (15 …
Govt. constitutes Inter-ministerial Co-ordination Committee under PMLA 2002 Inter-ministerial Co-ordination Committee under PMLA 2002 MINISTRY OF FINANCE(Department of Revenue) NOTIFICATION New Delhi, the 7th October, 2019 G.S.R. 762(E).—In exercise of the powers conferred by section 72A of the Prevention of Money Laundering Act, 2002, the Central Government, hereby …
