provision similar to Section 37 of NDPS Act is contained in
Section 45 of Prevention of Money Laundering Act, 2002. The relevant
part ... under Section
37 of NDPS Act. Therefore, in its applicability, like the provision of
Section 45 of the Money Laundering Act, Section
Supreme Court declared Section 45 of
the Prevention of Money Laundering Act, 2002, which was pari materia
to Section 212(6) of the Companies Act ... bail, however a similar language
existing in the Prevention of Money Laundering Act , which
was para materia to the language of the twin conditions
contained
dated 31.05.2019
under Sections 3 and 4 of the Prevention of Money Laundering Act,
2002, (hereinafter to be referred as 'the PMLA ... whether the
conditions prescribed under section-45 of " Prevention of
Money Laundering Act 2002" are necessary to be
complied with before enlarging
such property involved in the money
laundering or which has been used for commission of the offence of
money-laundering shall stand confiscated ... finds that the offence of money-laundering has not taken place or the
property is not involved in money-laundering, it shall order release
committed any act of money
laundering or is in possession of "any proceeds of crime involved in money
laundering". The said power emanates ... proceeds of crime
involved in money laundering, or
(iii) is in possession of any records relating to
money-laundering
that there was huge amount of money
laundering, and offences cognizable under the Prevention of Money-
Laundering Act, 2002 . Therefore, the investigation was undertaken ... offence of Money
Laundering defined under Section 3 and punishable
under Section 4 of the Prevention of Money Laundering
Act, 2002, against the accused persons
Offence, cannot be covered
for the said offence under Prevention of Money Laundering
Act, 2002 as "proceeds of crime" defined under Section ... offence of money-laundering, but mainly intended to prevent
money-laundering activity and confiscate the proceeds of crime
involved in money-laundering. It also provides
Corruption Act, 1988 ; Sections 3 and
4 of the Prevention of Money Laundering Act, Benami Transaction Act,
2018, Benami Properties Act, 2018.
That the summary ... state, illegally gaining money, laundering of
illegally gained money, corruption.
xiii) That the State officials are supporting the aforesaid
illegal acts. The State
JLZO/10/2021 31.03.2021 3 & 4 of Preven on of Money Laundering Act,
2002 [PMLA]
Complaint No. Dated Court
COMA 04/2023 24.07.2023 Special ... PHHC:041150
17. [(4) PMLA]. Punishment for money-laundering.--Whoever commits the
offence of money-laundering shall be punishable with rigorous
imprisonment for a term
JLZO/10/2021 31.03.2021 3 & 4 of Preven on of Money Laundering Act,
2002 [PMLA]
Complaint No. Dated Court
COMA 04/2023 24.07.2023 Special ... PHHC:044930
17. [(4) PMLA]. Punishment for money-laundering.--Whoever commits the
offence of money-laundering shall be punishable with rigorous
imprisonment for a term
