₹915 Crore Money Laundering Case: Special PMLA Court Grants Bail to Businessman [Read Notification]
A Special court for Prevention of Money Laundering Act ( PMLA ) granted bail to a businessman involved in a ₹915 crore money laundering case, citing...
Statements recorded by Authorities are “Admissible Evidence” under PMLA, proceedings are deemed ‘Judicial’: Supreme Court [Read Judgement]
The Supreme Court observed that as per sub-section (4) thereof every proceeding under sub-sections (2) and (3) is deemed to be a Judicial proceeding within the meaning of Section 193 and Section 228...
NCLAT Orders ED to Lift PMLA Attachment on Corporate Debtor's Asset Citing SRA Protection u/s 32A of IBC [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) has directed the Enforcement Directorate (ED) to lift the PMLA attachment on the corporate debtor's assets, citing the...
ED Can Launch Prosecution by Filing a Complaint for Violation of S. 3 and 4 of PMLA based on Predicate Offence: Punjab and Haryana HC [Read Order]
The Punjab and Haryana High Court has held that Enforcement Directorate ( ED ) can launch prosecution by filing a complaint for violation of Section 3 and Section 4 of Prevention of Money Laundering...
Misappropriation of Scholarship Funds of SC/ST/OBC Students: Himachal Pradesh HC dismisses Bail Application on Lack of Satisfaction u/s 45 of PMLA [Read Order]
The Himachal Pradesh High Court dismissed the bail application in a case involving the misappropriation of scholarship funds meant for SC, ST, and OBC students, citing a lack of satisfaction under...
