Search Results for Tag : money laundering
Notifications & Circulars
Financial Action Task Force (FATF) Public Statement dated June 24, 2016(20.09.2016)
The Financial Action Task Force (FATF) has called on its members and other jurisdictions to apply counter-measures to protect the international financ.....
Tags : Money laundering, Terrorist financing, Measures
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Amendment to Master Guidelines on Anti-Money Laundering/Counter Financing of Terrorism (AML/CFT) 2022(10.10.2023)
1. This has reference to Master Guidelines on AML/CFT, 2022 issued by the Authority vide ref: IRDAI/IID/GDL/MISC/160/8/2022 dated 1st August 2022.
.....
Tags : Amendment, Guidelines, Anti-Money Laundering
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Involvement of bank officials in money laundering during post monetization(07.02.2017)
Enforcement Directorate has intimated that bank employees have been found indulging in money laundering and other unfair practices during the phase of.....
Tags : Bank officials, money laundering, Investigation
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Top Story
SEBI notifies simplified norms for processing investor’s service requests by RTAs and norms for furnishing PAN, KYC details and nomination(17.11.2023)
The Securities and Exchange Board of India (SEBI) vide its Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2023/181 dated November, 17, 2023, has simplified th.....
Tags : SEBI, Registrars’ Association of India, Benami Transactions (Prohibitions) Act, 1988, Prevention of Money Laundering Act, 2002
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News
Delhi HC: Enforcement Director Can't Act as 'Super Investigator'(24.05.2016)
Delhi High Court while hearing the pleas filed by Himachal Pradesh Chief Minister Virbhadra Singh and others in connection with a money laundering cas.....
Tags : Delhi High Court. Virbhadra Singh, money laundering case
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Delhi Court Grants Bail to Anoop Kumar Gupta in Augusta Westland Money Laundering Case(06.04.2021)
Delhi Court has granted bail to businessman Anoop Kumar Gupta, an accused in the Augusta Westland money laundering case subject to his furnishing of p.....
Tags : Delhi Court, Augusta Westland Money Laundering Case
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Delhi Court Grants Bail to Former Rajya Sabha MP KD Singh in Money Laundering Case(07.04.2021)
Delhi Court has granted bail to former Rajya Sabha MP, belonging to the Trinamool Congress (TMC), in a money laundering case registered by Enforcement.....
Tags : Delhi Court, Money Laundering Case
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SC: Maximum Punishment for Money Laundering Does Not Dilute Gravity of Offence(17.02.2022)
Supreme Court has remarked that the fact that the Prevention of Money Laundering Act,. 2002 contemplates a maximum punishment of 7 years imprisonment .....
Tags : Supreme Court, Maximum Punishment for Money Laundering
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Delhi HC Seeks Response in Bail Plea Filed by Yes Bank Founder in Money Laundering Case(17.02.2022)
Delhi High Court has sought response of the Enforcement Directorate in the bail plea filed by Yes Bank founder Rana Kapoor in a money laundering case .....
Tags : Delhi High Court, Yes Bank Founder, Money Laundering Case
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Delhi HC: Offence of Money Laundering is Layered and Multi-Fold Including Stages of Offence(18.02.2022)
Delhi High Court has held that the offence of money laundering under the Prevention of Money Laundering Act, 2002 is layered and multi-fold which incl.....
Tags : Delhi High Court, Offence of Money Laundering
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Bombay High Court Grants Bail to Hasan Ali in Money Laundering Case(13.08.2015)
Bombay High Court has granted bail to businessman Hasan Ali Khan, who is alleged to have accumulated thousands of crores of rupees abroad, and was boo.....
Tags : Bombay High Court,Hasan Ali ,Money Laundering Case
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Orissa HC: Money Laundering an Act of Financial Terrorism, Poses Threat to Sovereignty(16.07.2020)
Orissa High Court has observed that the offence of Money Laundering is nothing but an act of financial terrorism that poses a serious threat not only .....
Tags : Orissa High Court, Money Laundering
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Delhi HC Issues Notice on NewsClick Plea for Quashing of ED's Money Laundering Case(06.07.2021)
Delhi High Court has issued notice on M/s PPK NewsClick Studio Pvt Ltd and its founder Prabir Purkayastha's petition seeking quashing of an ECIR again.....
Tags : Delhi High Court, NewsClick, ED Money Laundering Case
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Delhi HC: Expeditiously Fill Vacant Posts in Adjudicatory Authority Under PMLA(09.06.2022)
Delhi High Court has directed filling up all the vacant posts in Adjudicatory Authority under Prevention of Money Laundering Act (PMLA) on an expediti.....
Tags : Delhi High Court, Prevention of Money Laundering, Vacant
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Supreme Court: Bail Granted to Jharkhand Chief Minister Hemant Soren, Upheld(29.07.2024)
Supreme Court has dismissed plea filed by Enforcement Directorate challenging the Jharkhand High Court’s order granting bail to Jharkhand Chief Minist.....
Tags : Supreme Court, Hemant Soren, Money Laundering
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SC: Once Special Court has Taken Cognizance of Complaint, ED Cannot Arrest Accused u/s 19 of PMLA(30.07.2024)
SC while granting bail to an accused in a complaint of money laundering filed by the ED, has observed that after the special court has taken cognizanc.....
Tags : Supreme Court, Money Laundering, Special Court
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Layers of Corporate Subsidiaries Restricted to Two to Check Money Laundering, Protect Investors(26.09.2017)
Companies other than banking & non-banking financial company or insurance firm can now have only two layers of subsidiaries with the government bringi.....
Tags : money laundering
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Karnataka HC Sets Deadline for Disposal of Jayachandra’s Bail Plea in Money Laundering Case(03.01.2017)
Karnataka High Court has directed Trial Court to dispose of S C Jayachandra’s bail plea in three days from next date of hearing.
Tags : Karnataka High Court, S C Jayachandra, Money Laundering
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Madras HC Dismisses Plea Challenging ED Summons over Aircel-Maxis Matter(06.01.2017)
Madras High Court, while concurring with Centre's view that probe over money laundering charges on Aircel-Maxis deal was being monitored by Supreme Co.....
Tags : Madras High Court, Aircel-Maxis deal, money laundering
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SC: Plea to Remove Minister Can be Listed Only After Placing Before CJI(23.06.2022)
Supreme Court has held that PIL seeking direction to Delhi and Maharashtra Government to remove its Health Minister Satyendar Jain & Cabinet Minister .....
Tags : Supreme Court, Chief Justice of India, Money Laundering
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Delhi HC: PayPal Obliged to Comply with Reporting Entity Obligations as Provided Under PMLA(25.07.2023)
Delhi High Court has held that payment platform PayPal is liable to be viewed as a “payment system operator” and thus, obliged to comply with reportin.....
Tags : Delhi High Court, PayPal, Prevention of Money Laundering Act, 2002, PMLA
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Karnataka High Court Extends Judicial Custody of SC Jayachandra in Money Laundering Case(23.12.2016)
Karnataka High Court has passed an interim order asking jail Authorities not to release SC Jayachandra, the suspended bureaucrat arrested on charges o.....
Tags : Karnataka High Court, Money Laundering, SC Jayachandra,
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PMLA Appellate Authority: IBC Prevails Over Prevention of Money Laundering Act(24.09.2019)
In an important decision, the Appellate Authority of the Prevention of Money Laundering Act, 2002 has upheld the prevalence of the Insolvency and Bank.....
Tags : Appellate Authority of the Prevention of Money Laundering Act, 2002, Insolvency and Bankruptcy Code, PMLA
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Karnataka HC Grants Bail to Prime Accused Mansoor Khan in IMA Money Laundering Case(30.10.2020)
Karnataka High Court has granted bail to Mohammad Mansoor Khan, prime accused in the 'I Monetary Advisory' (IMA) scam in a case registered with the En.....
Tags : Karnataka High Court, IMA Money Laundering Case
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Bombay HC Allows Bhujbal to Withdraw Plea Challenging Constitutionality of PMLA(16.11.2016)
Bombay High Court has allowed NCP leader Chhagan Bhujbal and his nephew Sameer to withdraw a petition challenging constitutional validity of certain p.....
Tags : Bombay High Court, Chhagan Bhujbal, Prevention of Money Laundering Act (PMLA)
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Bombay HC Seeks ED’s Report on Cases Against Chhagan Bhujbal(18.11.2016)
Bombay High Court has sought Enforcement Directorate’s report regarding its probe against Ex-Maharashtra Deputy CM Chhagan Bhujbal and his family memb.....
Tags : Bombay High Court, money laundering, Chhagan Bhujbal
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Supreme Court Strikes Down PMLA Section on Stringent Bail Conditions(24.11.2017)
Supreme Court has struck down as unconstitutional Section 45 (1) of the Prevention of Money Laundering Act (PMLA), 2002, which imposed stringent condi.....
Tags : Supreme Court, Prevention of Money Laundering
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Supreme Court Dismisses Plea Against Rakesh Asthana's Appointment as CBI Special Director(29.11.2017)
Supreme Court Dismisses Plea Against Rakesh Asthana's Appointment as CBI Special Director
Tags : The Centre had opposed the plea, saying Asthana had an outstanding career and had supervised over 40 high-profile cases like coal scam, AugustaWestland scam, black money and money laundering cases.
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Delhi HC Directs Centre For Filling Up Of Vacancies In Adjudicating Authority Under PMLA(04.10.2021)
Delhi High Court has directed the Centre for filling up the vacancy positions for members in the Adjudicating Authority under the Prevention of Money .....
Tags : Delhi High Court, Prevention of Money Laundering Act
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RBI Capped Withdrawal From Jan Dhan Accounts to Rs. 10000 Per Month(30.11.2016)
Reserve Bank of India (RBI) has issued a notification saying that Jan Dhan Account Holders will be allowed to withdraw only Rs 10,000 a month, as a te.....
Tags : Reserve Bank of India, Jan Dhan Account, money laundering, withdraw
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Delhi Court Denies Bail to Former NSE CEO Chitra Ramkrishna in Money Laundering Case(29.08.2022)
Delhi Court has denied bail to former NSE CEO Chitra Ramkrishna in a money laundering case registered by the Enforcement Directorate in connection wit.....
Tags : Delhi Court, NSE, Money Laundering, Phone Tapping
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Delhi High Court Rejects Virbhadra's Wife, Others Plea Against PMLA Clause(12.01.2018)
Delhi High Court has upheld the validity of a money laundering law provision while rejecting 19 pleas, including that of former Himachal Pradesh Chief.....
Tags : Delhi High Court, Money Laundering
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CONSTITUTION - Delhi HC Dismisses PIL Challenging Amendments to PMLA Through Finance Act(28.02.2019)
Delhi High Court has dismissed the PIL filed by Congress Leader Jairam Ramesh challenging the amendments to Prevention of Money Laundering Act, 2002 t.....
Tags : Delhi High Court, Prevention of Money Laundering Act, 2002, Finance Acts of 2015, 2016 and 2018
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Delhi HC: Mere Exculpatory Statement Not Ground to Believe Accused is Not Guilty of Money Laundering(15.09.2022)
Delhi High Court has held that a mere exculpatory statement made to officials of Enforcement of Directorate (ED) cannot suffice to form a reasonable g.....
Tags : Delhi High Court, Money Laundering, Enforcement Directorate
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Delhi Court: Special Judge An Upright Officer But Circumstances Raise Apprehension of Probable Bias(26.09.2022)
Delhi Court while transferring proceedings in money laundering case against Satyendar Jain, has observed that although the special judge is an upright.....
Tags : Delhi High Court, Money Laundering, Satyendar Jain
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Delhi Court Grants Interim Bail to Jacqueline Fernandez in Money Laundering Case(26.09.2022)
Delhi Court has granted interim bail to bollywood actress Jacqueline Fernandez in a purported Rs. 200 crore money laundering case involving alleged co.....
Tags : Delhi Court, Money Laundering, Jacqueline Fernandez
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Karnataka High Court Quashes Money Laundering Case Against Ex Minister Gali Janardhan Reddy(14.03.2017)
Karnataka High Court has quashed Enforcement Directorate proceedings against former minister and mining baron Gali Janardhan Reddy, who came under inc.....
Tags : Karnataka High Court, Gali Janardhan Reddy, Money Laundering
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Delhi Court Grants Bail to CC Thampi in Money Laundering Case(30.01.2020)
Delhi Court has granted bail to CC Thampi in a money laundering case related to Robert Vadra for allegedly acquiring assets abroad in an illegal manne.....
Tags : Delhi Court, CC Thampi, Bail, Money Laundering Case
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Delhi HC Seeks ED's Response on Plea by Popular Front of India Challenging Money Laundering Case(09.12.2021)
Delhi High Court has sought the response of the Enforcement Directorate on a plea filed by Popular Front of India (PFI) challenging a money laundering.....
Tags : Delhi High Court, Money Laundering Case
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Delhi Court Grants Bail to Peter Mukherjea in INX Media Money Laundering Case(06.12.2021)
Delhi Court has granted bail to Peter Mukherjea, accused in connection with the INX Media Money Laundering case.
Tags : Delhi Court, INX Media Money Laundering Case
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Delhi HC Dismisses Satyendar Jain's Plea Against Transfer of Proceedings in PMLA Case(03.10.2022)
Delhi High Court has dismissed the plea moved by Aam Aadmi Party leader Satyendar Jain challenging the transfer of proceedings against him in money la.....
Tags : Delhi High Court, Money Laundering, Transfer, Satyendar Jain
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Bombay High Court Grants Bail to Anil Deshmukh in Money Laundering Case(06.10.2022)
Bombay High Court has granted bail to former Maharashtra home minister Anil Deshmukh, 73, in a money laundering case being investigated by the Enforce.....
Tags : Bombay High Court, Anil Deshmukh, Money Laundering
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SC Upholds Manik Bhattacharya's Arrest in Bengal Teacher Recruitment Scam Case(20.10.2022)
Supreme Court has declined to interfere with the arrest of Trinamool Congress leader and former chairman of West Bengal Board of Primary Education Man.....
Tags : Supreme Court, money laundering, appointment
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Kar. HC: Application For Recording Statement Of Accused Can Only be Made Before Sessions Court(21.10.2022)
Karnataka High Court has said that in light of the statutory framework of Prevention of Money Laundering Act, applications for recording statements of.....
Tags : Karnataka High Court, Prevention of Money Laundering Act, Special, Sessions
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SC Issues Notice in ED's Plea Challenging Bail to Chinese National Accused in Money Laundering Case(18.01.2022)
Supreme Court has issued notice in Enforcement Directorate's plea challenging bail granted to a Chinese National accused in the money laundering case .....
Tags : Supreme Court, Money Laundering Case
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Delhi Court Grants Bail to Jacqueline Fernandez in Money Laundering Case(16.11.2022)
Patiala House Court, Delhi has ranted pre-arrest bail to Bollywood actor Jacqueline Fernandez in the Rs 200-crore money laundering case being probed b.....
Tags : Patiala House Court, Money Laundering, Bail
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Delhi Court Denies Bail to Satyendar Jain in Money Laundering Case(18.11.2022)
Rouse Avenue Court, Delhi has denied bail to Aam Aadmi Party leader Satyendar Jain in a money laundering case.
Tags : Rouse Avenue Court, Money Laundering, Bail
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Madras HC: PMLA Cannot be Invoked if No Nexus Between Criminal Activity and Property Acquired(08.02.2021)
Madras High Court has held that the provisions of the Prevention of Money Laundering Act, 2002 cannot be invoked in the absence of nexus between crimi.....
Tags : Madras High Court, Prevention of Money Laundering Act, 2002
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SC: Aam Aadmi Party Leader Satyendra Jain Prima Facie Guilty of Money Laundering(19.03.2024)
Supreme Court while denying bail to Aam Aadmi Party leader Satyendra Jain, has observed that there is sufficient material collected by the Enforcement.....
Tags : Supreme Court, Aam Aadmi Party, Money Laundering
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Bombay HC Grants Interim Protection to Pankaj Bhujpal(05.08.2016)
Bombay HC has granted interim protection to Pankaj Bhujbal till August 8 against any arrest by the Prevention of Money Laundering Act (PMLA) court.
Tags : Bombay HC, Prevention of Money Laundering Act (PMLA) Court
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Karnataka High Court: ED Can Probe A Case Throughout India Under PMLA(07.01.2022)
Karnataka High Court has said that the Enforcement Directorate can probe a case throughout India, including the Union Territory of Jammu and Kashmir u.....
Tags : Karnataka High Court, Prevention Of Money Laundering Act, 2002, Enforcement Directorate
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SC: Conditions Under Section 45 of PMLA Applicable to Anticipatory Bail Applications(27.02.2023)
Supreme Court has held that conditions under Section 45 of Prevention of Money Laundering Act (PMLA) for grant of bail are applicable to anticipatory .....
Tags : Supreme Court, Prevention of Money Laundering Act, Anticipatory Bail
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Delhi High Court Rejects Virbhadra Singh's plea to Quash PMLA Case(03.07.2017)
Delhi High Court has refused to quash money laundering case against Himachal Pradesh Chief Minister Virbhadra Singh, his wife and son.
Tags : Delhi High Court, money laundering
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Delhi HC Refuses To Quash Money Laundering Case Against Raghav Bahl; Calls Plea 'Premature'(24.01.2023)
Delhi High Court has refused to quash a money laundering case against The Quint's founder, Raghav Bahl at this stage. The court at this stage also ref.....
Tags : Delhi High Court, money laundering, Quint's, Raghav Bahl
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Money Laundering Law Prevails over Bankruptcy Act, Insolvency Code: Delhi HC(15.04.2019)
Delhi High Court has held that Money Laundering law, PMLA, prevails over Bankruptcy Act and Insolvency Code when it comes to attachment of properties.....
Tags : Delhi High Court, Money Laundering
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Karnataka HC Dismisses Plea on Authority of Police Officers to Register Money Laundering Case(01.02.2022)
Karnataka High Court has dismissed a petition which had claimed that police officers of the Karnataka cadre, who were deputed to the Enforcement Direc.....
Tags : Karnataka High Court, Money Laundering Case
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Mumbai Special Court Denies Bail to Anil Deshmukh in Money Laundering Case(15.03.2022)
Special PMLA Court in Mumbai has denied bail to former Maharashtra Home Minister Anil Deshmukh in an alleged money laundering case. Deshmukh, an NCP l.....
Tags : Mumbai Special Court, Money Laundering Case, Anil Deshmukh
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Hemant Soren, Former CM of Jharkhand Moves SC After HC Dismissed Challenge to His Arrest by ED(06.05.2024)
Former Chief Minister of Jharkhand, Hemant Soren has moved Supreme Court after the Jharkhand High Court dismissed the challenge to his arrest by the E.....
Tags : Hemant Soren, Supreme Court, Enforcement Directorate, Money Laundering
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Del. Court: Sisodia was Instrumental in Implementation of Excise Policy; Arrest Justified(13.03.2023)
Rouse Avenue District Court, Delhi has held that Manish Sisodia was instrumental in formulation and implementation of Delhi excise policy for 2021-22 .....
Tags : Rouse Avenue District Court, Manish Sisodia, Excise Policy, Money Laundering
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SC: Jharkhand CM Hemant Soren's Withdraws Petition Challenging His Arrest by ED(22.05.2024)
Former Chief Minister of Jharkhand Hemant Soren has withdrawn his plea challenging his arrest by the Enforcement Directorate (ED) in a money launderin.....
Tags : Supreme Court, Hemant Soren, Money Laundering
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Madras HC Denies Bail to NRI Company Director Accused of Money Laundering(30.03.2022)
Madras High Court has refused to grant bail to Ahmed A.R Buhari, director and promoter of M/s Coastal Energen Private Limited (CEPL) who was accused u.....
Tags : Madras High Court, Section 3 of the Prevention of Money Laundering Act, 2002, of M/s Coastal Energen Private Limited
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Delhi HC: Why Pleas for Quashing Money Laundering FIR Against Bhandari, Vadra Not be Heard Together(23.07.2019)
Delhi High Court has sought to know as to why the separate pleas of arms dealer Sanjay Bhandari and Robert Vadra, seeking quashing of a money launderi.....
Tags : Delhi HC, Money Laundering
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SC Declines Bail Plea of Maharashtra Minister Nawab Malik(22.04.2022)
Supreme Court has declined to approve bail to Maharashtra Cabinet Minister and NCP leader Nawab Malik in a case of money laundering, by stating that t.....
Tags : Supreme Court, Maharashtra Cabinet Minister, Nawab Malik, money laundering
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Money Laundering Case: Jharkhand’s Former Chief Minister Heman Soren Granted Bail(28.06.2024)
Jharkhand High Court has granted bail to former Chief Minister Hemant Soren in a money laundering case that involves illegal possession of 8.36 acres .....
Tags : Jharkhand High Court, Hemant Soren, Money Laundering Case
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Delhi HC: Sensitize Judicial Officers On Maximum Length Of Police Custody Under PMLA(12.09.2017)
Delhi High Court has requested District & Sessions Judges to sensitize Judicial Officers posted under their jurisdiction regarding the maximum period .....
Tags : Delhi High Court, Prevention of Money Laundering Act
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SC: Accused Not Entitled to Bail in PMLA Case Merely Because Chargesheet Filed for Predicate Offence(15.05.2023)
Supreme Court while setting aside bail granted to accused in PMLA Case, has held that merely because, for predicated offences chargesheet might have b.....
Tags : Supreme Court, Money Laundering Case, PMLA, Predicate Offence
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SC: Registration of FIR in Corruption Case is Sufficient for ED to Launch Probe(18.05.2023)
Supreme Court while clarifying that generation and acquisition of proceeds of crime are like Siamese twins which would amount to money laundering, has.....
Tags : Supreme Court, Corruption, Enforcement Directorate, FIR, Money Laundering
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Madras HC Stays ED Proceedings Against TN Fisheries Minister Anitha Radhakrishnan(30.06.2022)
Madras High Court has stayed the money laundering case being probed by the Enforcement Directorate (ED) against Minister of Fisheries, Fishermen Welfa.....
Tags : Madras High Court, ED, Money Laundering
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P&H HC Grants Bail to Former Punjab CM Charanjit Singh Channi's Nephew(04.07.2022)
Punjab and Haryana High Court has granted the bail plea moved by Punjab Chief Minister Charanjit Singh Channi's nephew Bhupinder Singh in connection w.....
Tags : Punjab and Haryana High Court, Bail, Prevention of Money Laundering Act
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SC: Beneficial Provision of Section 436A of CrPC Will Apply To Prosecution Under PMLA(21.10.2024)
SC while granting bail to an accused in a money laundering case, has relied on Vijay Madanlal Choudhary and Ors. vs. Union of India (MANU/SC/0924/2022.....
Tags : Supreme Court, Money Laundering, Section 436A
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Delhi High Court Grants Bail to Vaibhav Jain and Ankush Jain in the PMLA Case(30.10.2024)
Delhi High Court has allowed bail application of Vaibhav Jain and Ankush Jain in the money laundering case involving AAP leader Satyendra Jain on the .....
Tags : Delhi High Court, Prevention of Money Laundering Act , Vaibhav Jain, Ankush Jain
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Punjab and Haryana HC Rejects Petitions, Refuses to Quash Case Registered by ED(23.12.2015)
Punjab and Haryana HC has rejected petitions filed by Ajay Singh, city advocate Mukesh Mittal’s clerk and two other associates, challenging case regis.....
Tags : Punjab and Haryana HC, multi-crore money laundering case
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Bombay High Court Rejects Habeas Corpus Plea By Chhagan Bhujbal(14.12.2016)
Bombay High Court has dismissed Habeas Corpus plea filed by Former Maharashtra Deputy Chief Minister Chhagan Bhujbal alleging that his arrest by Enfor.....
Tags : Bombay High Court, Chhagan Bhujbal, Prevention of Money Laundering Act (PMLA)
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Special Judge Convicts Wildlife Offenders for Money Laundering(13.09.2019)
Special Judge has convicted two persons for committing an offence under Sections 3 and 4 of Prevention of Money Laundering Act, 2002. The Court also o.....
Tags : Special Judge, Money Laundering
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Money Laundering Case: Supreme Court Grants Bail to Vijay Nair after 23 Months Custody(03.09.2024)
The Supreme Court has granted bail to Vijay Nair, the former communications-in-charge of the Aam Aadmi Party, who was in custody for approximately 23 .....
Tags : Supreme Court, Aam Aadmi Party, Money Laundering Case, Delhi excise police, Vijay Nair
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