Page 10 - Pmla

Delhi HC to hear Karnataka Congress leader Shivakumar's bail plea today

Shivakumar, arrested in a case under the PMLA by the ED, has approached the high court challenging the trial court's order denying him bail

IBC and PMLA: Clarity needed in enforcing two overlapping laws in harmony

Seshagiri Rao, JSW Steel joint managing director and group chief financial officer, explained that the main issue is whether the PMLA has an overriding effect on the IBC

Vadra gets 4 weeks to file rejoinder in plea to quash money laundering case

A bench of Justices Manmohan and Sangita Dhingra Sehgal listed the matter for further hearing on November 18

Kamal Nath calls nephew Ratul's arrest in bank fraud case as 'malicious'

Puri, a businessman, was arrested late Monday night by the Enforcement Directorate under provisions of the Prevention of Money Laundering Act

ED attaches REI Agro's assets worth Rs 480 cr over alleged bank loan fraud

The central agency issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA) against the firm, it said in a statement

Govt tightens anti-money laundering laws, widens ambit of proceeds of crime

The new amendment has been brought in with the Finance Bill passed in the Lok Sabha on Thursday

ED attaches Rs 1.43 crore assets of firm assigned to upgrade streetlights

A similar order was issued by the Enforcement Directorate (ED) early this month

Govt makes PMLA law stricter, broadens definition of 'proceeds of crime'

The Finance Bill said that the "proceeds of crime" under PMLA would not only include property obtained from the PMLA offence but also any property which may "directly or indirectly" be obtained

From discharge voucher to penalty under CCI order, here're key court orders

The court asked the Railways to appoint an arbitrator and proceed with arbitration expeditiously as the contractors have waited for a long time for payment

Money laundering: Cash limit may be brought down to Rs 200,000 from Rs 1 mn

Reporting provisions under PMLA impose obligations on reporting entities like banks, financial institutions, and intermediaries such as stockbrokers

PMLA: Carry your original ID to bank for transactions over Rs 50,000

The PMLA and its rules impose an obligation on reporting entities like banks, financial institutions and intermediaries

PMLA case: Shabir Shah's aide Aslam Wani held

The ED had registered a criminal case under the PMLA Act against Shah and Wani

Govt issues order to attach Rs 18,866 cr properties under PMLA

It has also taken a host of initiatives, including effective enforcement of law, to curb the menace of money laundering, says Santosh Kumar Gangwar