A Delhi court ordered the confiscation of PACL Ltd.'s properties, directing their transfer to the Justice RM Lodha Committee.

The investigation pertains to a money laundering case against a Kerala-based sand mining company and Veena’s now defunct ...

The Union government is considering introducing a new bill in Parliament to amend the Prevention of Money Laundering Act (PMLA), aligning it with amended criminal laws and formally introducing a ...

The Court examined whether a predicate FIR is necessary before the ED can act under the PMLA. It held that inquiry proceedings and summons under Section 50 can be initiated even without a prior FIR or ...

The Enforcement Directorate (ED) in Hyderabad has arrested Nazneen Ansari alias Abeeda, personal assistant to Heera Group ...

17. A three Judge Bench of this Court in Padam Chand Jain (supra), reiterated that prolonged incarceration cannot be allowed to convert pretrial detention into punishment and that documentary evidence ...

A Mumbai PMLA court has taken cognisance of an ED complaint against ex-Religare Chairperson Rashmi Saluja and 4 others for money laundering. The court found prima facie grounds, issuing summons for ...

The Supreme Court’s review of its decision to uphold key provisions of the Prevention of Money Laundering Act (PMLA), 2002, has reignited debate over balancing stringent anti-money laundering measures ...

In a written reply MoS Home Nityanand Rai said that in 2019 a total of 188 cases were registered under the PMLA, which rose to 708 in 2020, 1166 in 2021, 1074 in 2022, 934 in 2023 and 397 in 2024.

Chandigarh: The special PMLA court in Panchkula on Monday granted bail to Rajesh Jain, one of the key accused in the Rs 3,000 crore ponzi scam.On March 30, Jain surrendered before the court of Rajeev ...

NCP chief Sharad Pawar on Saturday said he had warned the UPA government against introducing a provision in the Prevention of Money Laundering Act (PMLA) that reversed the burden of proof, fearing it ...

https://www.thehindubusinessline.com/news/pmla-accused-appearing-in-special-court-need-not-apply-for-bail-under-stringent-provisions-of-the-anti-money-laundering-law ...