NCLAT: Claimants Must Prove Asset Ownership; Liquidator Need Not Establish Title of Assets in Custody  ||  NCLAT: Director’s Resignation Doesn’t Release Personal Guarantor from Continuing Guarantee Liability  ||  NCLAT: Delay Condonable When Composite Appeal Filed in Time is Refiled after Registry’s Objection  ||  Supreme Court: Upper Floors Can be Converted for Commercial Use Only after Paying Conversion Charges  ||  Supreme Court Expresses Surprise That High Court Did Not Quash Police Summons to Advocate in Case  ||  Supreme Court Clarifies How Delay in Issuing Arbitral Award Can Lead to its Setting Aside  ||  Supreme Court: Long-Standing Religious Rituals Must Not be Changed for Administrative Convenience  ||  Supreme Court: Tendering Authority Cannot Impose Conditions That Contradict the Tender Notice  ||  SC: In-House Counsel aren’t 'Advocates'; Their Employer Communications Lack S.132 BSA Protection  ||  NCLAT: Unenforced Equitable Mortgage is Corporate Debtor’s Asset, Not to Be Treated as Margin Money    

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Notifications & Circulars

Notification of specified financial transactions as an activity for the purposes of Section 2(1)(vi)(sa) of PMLA, 2002(03.05.2023)

In exercise of the powers conferred by sub-clause (vi) of clause (sa) of sub-section (1) of section 2 of the Prevention of Money-laundering Act, 2002 .....

Tags : Financial transactions, Relevant person, Activity



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