SC: SARFAESI Act Was Not Applicable in Nagaland Before its 2021 Adoption, Dismisses Creditor’s Plea  ||  SC: Lis Pendens Applies To Money Suits on Mortgaged Property, Including Ex Parte Proceedings  ||  Kerala HC: Civil Courts Cannot Grant Injunctions in NCLT Matters and Such Orders Can Be Set Aside  ||  Bombay High Court: Technical Breaks to Temporary Employees Cannot Deny Maternity Leave Benefits  ||  NCLAT: Appellate Jurisdiction Limited to Orders Deciding Parties’ Rights, Not Procedural Directions  ||  NCLAT: Personal Guarantors Involved In NCLT Proceedings Can Appeal Against Insolvency Admission  ||  Supreme Court: Foreign Companies’ Head Office Expenses in India are Capped under Section 44C  ||  SC Directs Trial Courts to Systematically Catalogue Witnesses and Evidence in Criminal Judgments  ||  SC Calls For Sensitising Future Generations on Equality in Marriage to Combat Dowry Practices  ||  SC: Separate Suits Against Confirmed Auction Sales are Barred; Remedy Available under Sec 47    

Madras HC: To Invoke PMLA, Mere Possession of Proceeds of Crime Sufficient - (09 Oct 2024)

CRIMINAL

Mad HC has held that mere possession of proceeds of crime would be sufficient to invoke provisions of PMLA. Using proceeds of crime by itself is an offence. Since scope of Section 3 is wide enough, HC cannot restrict its meaning so as to restrain the Authorities from invoking the provisions of PMLA.

Tags : MADRAS HIGH COURT   PROCEEDS OF CRIME   PMLA  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved