under the Prevention of Money Laundering Act, 2002 (for short,
' PMLA Act '), at Mumbai. The allegation against him is that he has
committed ... offence of Money Laundering as defined in section 3
of the PMLA Act, and punishable under section 4 thereof. By the
present application, he seeks
Act was printed separately in the Schedule of PMLA for the first
time vide PMLA (Amendment) Act, 2012 w.e.f. 15.02.2013, which is clearly ... Companies Act, 1956 and other
provisions of SEBI Act which is a Scheduled Offence under PMLA.
32. We have heard the learned counsel
Act was printed separately in the
Schedule of PMLA for the first time vide PMLA (Amendment) Act,
2012 w.e.f. 15.02.2013, which is clearly ... Companies Act, 1956 and other
provisions of SEBI Act which is a Scheduled Offence
under PMLA.
26
32. We have heard the learned counsel
statement of the applicant
recorded under Section 50 of the PMLA Act.
3. The brief facts arose from the record are as under :-
3.1 That ... statement of the petitioner recorded under
Section 50 of the PMLA Act.
8. Kept for order."
4. Mr. Vikram Chaudhary, learned Senior Counsel
assisted
Delhi was searched on 22.5.2015 itself under the
provisions of PMLA Act, 2002 which was resulted in recovery and
seizure of incriminating records maintained both ... crime and,
therefore, the case falls under Section 3 of the PMLA Act.
5.2 She would submit that under Section 24 of PMLA, the
burden
offence as per PMLA, he cannot be
charged under Section 3 of the PMLA. Since provisions of Section
45 of the PMLA is not applicable ... crime and, therefore, the case falls under Section 3 of the PMLA
Act.
5.2 She would submit that under Section 24 of PMLA, the
burden
Registrar/Administrative Officer
The Adjudicating Authority,
Prevention of Money Laundering Act (PMLA)
Room No.26, IV Floor
Jeevan Deep Building
Parliament Street
New Delhi ... Prevention of Money Laundering Act, 2002 (For short the PMLA Act ), wherein the immovable properties of Dr.V.M.Ganesan, as scheduled in paragraph
Customs Act, 1962 , Central Excise Act 1944,
Railway Property (Unlawful Possession) Act, 1966 as well as
Income Tax Act, 1961 and the language of similar ... offence as per PMLA, he cannot be
charged under Section 3 of the PMLA. Since provisions of Section
45 of the PMLA is not applicable
from the materials on record that
the Designated Judge under the PMLA Act , vide
order dated 21st December, 2013, took
cognizance upon the complaint ... situated accused persons
against whom complaint has been lodged under
the PMLA Act . I took the view that there was no
justification for the Designated
issues raised in the present writ petition.
8.4 The PMLA, which is an Act of 2002, was enacted in 2003 and was
brought into force ... frustration of proceedings under the PMLA.
11.6 It is not unknown that trial of offences both under the PMLA Act as
also of scheduled offences
