Prevention of Money Laundering Act, 2002
Act of the Parliament of India
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Prevention of Money Laundering Act, 2002 is an Act of the Parliament of India enacted by the NDA government to prevent money laundering and to provide for confiscation of property derived from money laundering. PMLA and the Rules notified thereunder came into force with effect from 1 July 2005. The Act and Rules notified thereunder impose obligation on banking companies, financial institutions and intermediaries to verify the identity of clients, maintain records and furnish information in prescribed form to Financial Intelligence Unit – India (FIU-IND).
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In a 1st, ED probing Bangladeshi, Rohingya entry into JharkhandThe Enforcement Directorate has initiated an investigation under the Prevention of Money Laundering Act into illegal infiltration of Bangladeshis and Rohingya in Jharkhand. Triggered by a Ranchi police..IndiaTimes - Published | |
ED raids residence of former RG Kar medical college principal Sandip Ghosh, PMLA case registered against him due to...ED had registered a case under the Prevention of Money Laundering Act (PMLA) to probe money laundering charges against Sandip Ghosh in the financial irregularities case.DNA - Published | |
ED files chargesheet against slain don Vikas Dubey and his familyThe Directorate of Enforcement in Lucknow filed a prosecution complaint under the Prevention of Money Laundering Act (PMLA), 2002 against the late gangster Vikas Dubey, his wife, and five others for..IndiaTimes - Published | |
'PMLA is Pradhan Mantri ki Lal Aankh': Kapil Sibal slams money laundering lawRajya Sabha MP Kapil Sibal claimed that the Prevention of Money Laundering Act (PMLA) actually stands for "Pradhan Mantri ki Lal Ankh" (PM's glare) and has nothing to do with money laundering. "PMLA is..IndiaTimes - Published | |
ED can't arrest after special court takes cognizance of PMLA complaint: Supreme CourtThe Supreme Court on Thursday held that the Enforcement Directorate cannot arrest an accused person after the special court has taken cognizance of the complaint. A bench of justices Abhay S Oka and..IndiaTimes - Published | |
ED summons Jharkhand minister Alamgir Alam for questioning after massive cash seizureAlam, 70, has been asked to depose at the zonal office of the ED in Ranchi on Tuesday for recording his statement under the Prevention of Money Laundering Act (PMLA), the sources said. The money..IndiaTimes - Published | |
May consider interim bail for Delhi CM Arvind Kejriwal: Supreme CourtOn Friday, the Supreme Court mentioned the possibility of granting interim bail to Delhi CM Arvind Kejriwal in light of the upcoming polling in the capital within three weeks. The decision on the AAP..IndiaTimes - Published | |
Supreme Court junks Centre's plea for PMLA order reviewSupreme Court rejects re-examination of PMLA verdict, emphasizing Section 120B of IPC. Centre's review petition dismissed by Justices Oka and Mithal, with Nov 29, 2023 judgment review declined due to..IndiaTimes - Published | |
Arvind Kejriwal's wife Sunita meets him at ED officeSunita Kejriwal, a retired IRS officer, visits Arvind daily at the ED office. Arvind, the AAP leader, was arrested for money laundering. The couple met during IRS training and Sunita reads Arvind's..IndiaTimes - Published | |
Excise policy case: ED to produce Delhi CM Arvind Kejriwal before special PMLA courtA day after his arrest, Delhi Chief Minister Arvind Kejriwal is scheduled to appear before a special PMLA court in New Delhi on Friday, as the Enforcement Directorate (ED) seeks his detention in a..IndiaTimes - Published | |
ED issues fresh summons to Delhi CM Arvind Kejriwal for February 26 in excise policy caseThe central agency, while issuing the seventh summons under the provisions of the Prevention of Money Laundering Act (PMLA), has rejected his contention that a fresh notice for his attendance was wrong..DNA - Published | |
ED files prosecution complaint against 21 in J&K illegal arms licenses caseThe Enforcement Directorate (ED) filed a prosecution complaint against 21 accused, including an IAS officer, at a special PMLA court in Jammu. The agency had issued a provisional attachment order..IndiaTimes - Published | |
PMLA court extends ED remand for Ex-Jharkhand CM Hemant Soren by 3 DaysA PMLA court in Ranchi has granted a three-day extension to the Enforcement Directorate (ED) remand for former Jharkhand CM Hemant Soren in connection with an alleged money laundering case.Earlier, the..IndiaTimes - Published | 'Land for jobs scam': Rabri Devi, Misha Bharti asked to be present before PMLA courtA PMLA court issued notices to Amit Katyal, Rabri Devi, Misha Bharti, Hema Yadav, and Hridyanand Chaudhary for trial in the 'land for job scam'. The ED filed a prosecution complaint against them and..IndiaTimes - Published Also reported by •DNA |
Can you skip an ED summons? Well, noThe ED director or the investigating officer has the powers to summon anyone - under Section 50(2) of the Prevention of Money Laundering Act (PMLA) - "whose attendance he considers necessary whether to..IndiaTimes - Published | ED raids across four districts of Madhya Pradesh in PMLA caseThe Enforcement Directorate (ED) conducted extensive searches under the Prevention of Money Laundering Act, 2002, targeting locations in Madhya Pradesh linked to the investigation of M/s Jagdamba AMW..IndiaTimes - Published |
Dharamsot on 4-days police custody; produced in Mohali courtFormer Punjab Forest Minister Sadhu Singh Dharamsot was produced in a Mohali court a day after being arrested by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA)...IndiaTimes - Published | ED makes two fresh arrests in Mahadev online betting app money laundering caseThe Enforcement Directorate has arrested two more persons in connection with its money laundering investigation into the Mahadev online betting and gaming app case, officials said on Saturday. Nitin..IndiaTimes - Published |
Mahadev betting app case: ED names former Chhattisgarh CM Baghel in supplementary chargesheet; BJP attacks CongressThe Enforcement Directorate (ED) has named former Chhattisgarh chief minister Bhupesh Baghel in a supplementary charge sheet filed on January 1, 2024, under the Prevention of Money Laundering Act...IndiaTimes - Published | ED raids CM Hemant Sorem's associates in 'illegal' mining caseAbout a dozen locations in the state are being raided by the central agency under the provisions of the Prevention of Money Laundering Act (PMLA).DNA - Published |
ED moves Delhi court to confiscate 2 UK properties in PMLA case against Sanjay BhandariThe Enforcement Directorate has moved a court here to confiscate two properties in the United Kingdom, including one allegedly "renovated and stayed in" by Robert Vadra, as part of its money laundering..IndiaTimes - Published | ED calls Lalu Prasad, son for questioning in job-for-land scamThe Enforcement Directorate has summoned RJD chief and former railways minister Lalu Prasad and his son and Bihar’s deputy chief minister Tejashwi Yadav for questioning at its headquarters here on..IndiaTimes - Published |
Congress MP Karti Chidambaram skips ED summons in visa case, says busy with winter sessionCongress MP Karti Chidambaram cited his preoccupation with the ongoing Parliament session as the reason for not appearing before the Enforcement Directorate. He was called to record his statements in..IndiaTimes - Published | ED raids nearly a dozen locations in Haryana, Rajasthan in gangster Lawrence Bishnoi caseThe Enforcement Directorate (ED) conducted searches at nearly a dozen locations in Haryana and Rajasthan in connection with the Lawrence Bishnoi case. The raids targeted the residential premises of..IndiaTimes - Published |
With ‘heavy heart’, Supreme Court agrees to government plea to defer PMLA hearingAfter almost two days of hearing on a batch of petitions challenging the validity of some provisions of the Prevention of Money Laundering Act and for review of a 2022 verdict which upheld the law, the..IndiaTimes - Published | One 3-Judge bench can scrutinise another 3-Judge bench’s ruling: SCThe Supreme Court of India has dismissed objections from the Centre regarding the scrutiny of a previous verdict upholding the Prevention of Money Laundering Act. The court cited a similar exercise it..IndiaTimes - Published |
ED files fresh charge sheet against Sanjay Bhandari in money laundering caseThe Enforcement Directorate (ED) has filed a fresh charge sheet against Sanjay Bhandari, an alleged middleman and arms dealer based in the UK, as part of a money laundering investigation. The charge..IndiaTimes - Published | ED attaches Rs 24.95 crore worth properties of Hero MotoCorp's Pawan MunjalThe Enforcement Directorate on Friday said it has attached assets worth Rs 24.95 crore of Hero MotoCorp executive chairperson Pawan Kant Munjal as part of a money laundering investigation against him...IndiaTimes - Published |
Former J&K minister Lal Singh arrested by ED in money laundering caseFormer Jammu and Kashmir minister Lal Singh was apprehended by the Enforcement Directorate, shortly after an anti-corruption court rejected his request for anticipatory bail in a money laundering case...IndiaTimes - Published | ED arrests AAP MLA in middle of party meetingAAP legislator Jaswant Singh Gajjanmajra was arrested by the Enforcement Directorate (ED) during a party meeting in Punjab. He is accused of ignoring summonses related to a money laundering case..IndiaTimes - Published |
ED arrests Punjab AAP MLA in bank fraud linked money laundering caseThe legislator was taken into custody under provisions of the PMLA after he was detained by agency officials.DNA - Published | Centre bans 22 illegal betting apps & websites, including Mahadev appThe Indian government has issued blocking orders against 22 illegal betting apps and websites, including Mahadev Book Online, following investigations by the Enforcement Directorate. The ministry of..IndiaTimes - Published |
Time for courts to wake up to blatant misuse of PMLA: Kapil Sibal after ED summons KejriwalSibal, a prominent opposition voice and a senior advocate, in a post on X, said, "Kejriwal summoned by ED. ED targeting leaders of almost all political parties in opposition." "ED and denial of bail to..IndiaTimes - Published | Supreme Court's review of PMLA may delay trialsThe Supreme Court's decision to review the Prevention of Money Laundering Act for the second time may cause delays in trials of money laundering cases. This could impact India's ongoing proceedings..IndiaTimes - Published |
ED's power to arrest is 'not untrammelled': Delhi high courtThe Delhi high court has ruled that the Enforcement Directorate (ED) does not have the power to arrest a person under Section 50 of the Prevention of Money Laundering Act (PMLA). The court stated that..IndiaTimes - Published | 3-judge SC bench will decide if PMLA verdict needs relookThe Supreme Court of India has decided to proceed with a hearing to determine whether its previous verdict upholding provisions of the Prevention of Money Laundering Act (PMLA) should be re-examined...IndiaTimes - Published |
PMLA court issues arrest warrants against Haryana Congress MLA, his two sonsA special PMLA court in Gurugram has issued non-bailable warrants against Congress MLA Dharam Singh Chhokar and his two sons in a case of alleged money laundering and fake bank guarantees. The warrants..IndiaTimes - Published | SC extends till Sep 25 interim bail of AAP leader Satyendar JainThe Supreme Court has extended the interim bail on medical grounds for Aam Aadmi Party leader Satyendar Jain until September 25. The court granted the extension in connection with a case registered..IndiaTimes - Published |
Naresh Goyal, Jet Airways founder, sent to ED custody till September 11 in bank fraud caseNaresh Goyal was arrested by ED on Friday night under the Prevention of Money Laundering Act (PMLA).DNA - Published | PMLA case: SC seeks ED's reply on plea by TN minister V Senthil Balaji against HC orderIndiaTimes - Published |
Supreme Court to examine if ED can proceed in PMLA case sans predicate offenceCan the ED proceed in a money laundering case when there is no predicate offence or when the FIR in a predicate offence has been quashed? The Supreme Court on Tuesday said it would adjudicate the issue..IndiaTimes - Published | Can’t probe PMLA cases if ED has no power to take custody, HC toldSolicitor general Tushar Mehta cautioned against denuding the Enforcement Directorate (ED) of its power to probe while arguing before Madras HC on Wednesday, a day after senior advocate Kapil Sibal,..IndiaTimes - Published |
ED attaches Congress MP Karti Chidamabaram's properties worth Rs 11.04 croreThe Enforcement Directorate (ED) on Tuesday attached properties to the tune of Rs 11.04 crore belonging to Congress MP Karti Chidambaram in the INX money laundering case, an official statement said..IndiaTimes - Published | SC refuses to stay quizzing of KCR’s daughter by ED todayThe Supreme Court on Wednesday refused to stay the questioning of Kalvakuntla Kavitha, Bharat Rashtra Samithi MLC and daughter of Telangana chief minister K Chandrasekhar Rao, by the Enforcement..IndiaTimes - Published |
Delhi HC rejects Satyendar Jain's plea challenging transfer of money laundering caseOn 30 May, the 57-year-old was arrested by the ED under criminal provisions of the Prevention of Money Laundering Act (PMLA).DNA - Published | CoinSwitch investigation by ED not associated with PMLA-compliant money laundering, CEOIndia`s leading crypto exchange CoinSwitch Kuber`s CEO Ashish Singhal on Saturday said that the company is fully cooperating with the Enforcement Directorate (ED) officials in Bengaluru, after reports..DNA - Published |
Supreme Court agrees to review ECIR, bail conditions of its PMLA verdictLess than a month after upholding stringent powers of the Enforcement Directorate under the Prevention of Money Laundering Act (PMLA), the Supreme Court on Thursday agreed to review two aspects of the..IndiaTimes - Published | Supreme Court to hear plea in open court today to review PMLA verdictThe Supreme Court has decided to hear in open court on Thursday a petition by Karti Chidambaram seeking review of its July 27 judgment upholding stringent provisions of the Prevention of Money..IndiaTimes - Published |
PMLA Act: Supreme Court to hear tomorrow review plea against its verdict upholding ED powers to arrest, attach propertyOn July 27, the top court had upheld the ED powers relating to arrest, attach property, search and seize under the Prevention of Money Laundering Act.DNA - Published | Review plea in SC filed against judgement pertaining to upholding various provisions of PMLAA review petition has been filed in the Supreme Court against the judgement pertaining to upholding various provisions of the Prevention of Money Laundering Act.IndiaTimes - Published |
