Binod Kumar vs State of Jharkhand & Ors
Vijay Madanlal Choudhary vs Union of India
Parvathi Kollur vs State By Directorate Of Enforcement
The Prevention of Money-Laundering Act, 2002
Need for combating Money-Laundering
Magnitude of Money-Laundering, its steps and various methods
The Prevention of Money-Laundering Act, 2002:
Definition of ‘Money Laundering’, Section 3 & 2(1)(p)
Punishment for Money Laundering (Section 4)
Enforcement:
Attachment (Section 5)
Survey, Search, & Seizure (Sections 16, 17 & 18)
Power to arrest (Section 19)
Adjudication under the Act:
Adjudication by Adjudicating Authorities (Section 8)
Special courts (Sections 43 to 47)
Vesting of Property in Central Government (Section 9)
Preventive Mechanisms under the Act:
Obligation of banking companies, financial institutions and Intermediaries (Sections 12
& 12A)
Reciprocal Arrangements with other countries (Overview of Chapter IX i.e. Sections 55
to 61