Discover and read the best of Twitter Threads about #pmla

Most recents (24)

#SupremeCourt to hear a plea by journalist Rana Ayyub against an order of a Ghaziabad court which has summoned her on January 27 in relation to a Prevention of Money Laundering Act (PMLA) case @RanaAyyub #PMLA
SC: we will be rising at 1 pm on account of some difficulty.

Adv Vrinda Grover: placing an urgent mentioning of my item..she has been summoned by a Ghaziabad court. I am seeking a stay on the coercive proceedings. @RanaAyyub
Grover: Today is the only day I can appear before this court and seek some protection milord

Justice Krishna Murari: Why not on Friday or Monday?

Grover: : appearance is bbefore the special court.

SC: We will hear it @RanaAyyub
Read 12 tweets
Special PMLA Judge M.G Deshpande came down heavily on the Enforcement Directorate in its order granting bail to Sanjay Raut and Pravin Raut in the Patra Chawl Scam
@rautsanjay61 @dir_ed #pmla
The order stated that the object of PMLA is confiscation and not illegal arrest of the and detention of the arresttee for an uncertain period.
@rautsanjay61 @dir_ed
High Level Government Official and MHADA official were involved, however none of them were made accused or arrested. Further, the conduct of the MHADA official was suspicious since 2007 but none of them arrested.
@dir_ed @rautsanjay61
Read 18 tweets
#Delhi's Special CBI Court, Rouse Avenue will shortly continue hearing @AamAadmiParty Minister #SatyendraJain bail plea in #moneylaunderingcase.
ASG SV Raju for @dir_ed is expected to conclude making his arguments before Spl Judge Vikas Dhull today.

#PMLA #Bailhearing
On Monday, ASG Raju argued that these companies have “no intrinsic value” and that they existed only to convert Jain’s “black money” into “white money”.
Read more:
lawbeat.in/amp/news-updat…
The court has assembled.
ASG Raju for @dir_ed continues making his submissions before Special Judge Vikash Dhull opposing #satyendrajain's bail plea.
Read 28 tweets
#Delhi's Special CBI Court, Rouse Avenue will today continue hearing @AamAadmiParty Minister #SatyendraJain bail plea in #moneylaunderingcase.
Counsel for @dir_ed will make arguments before Spl Judge Vikas Dhull today.

#AamAadmiParty #Bailplea #satyendrajain #PMLA Image
ED had earlier submitted before the court that #SatyendraJain is getting VIP treatment in Jail and also submitted CCTV footage that showed an unknown person giving a foot, and body massage to Jain inside his cell.
Read more: lawbeat.in/news-updates/a…
The court has assembled. ASG SV Raju appearing for ED (@dir_ed) begins making his arguments opposing #SatyendraJain's bail application.
Read 25 tweets
#Delhi's Special CBI Court, Rouse Avenue will today continue hearing @AamAadmiParty Minister #SatyendraJain bail plea in #moneylaunderingcase.
Counsel for Jain will make his submissions before the Court today.

#AamAadmiParty #Bailplea #satyendrajain
On an Application moved by Jain's counsel yesterday for preponement of the bail hearing Spl. Judge Vikas Dhull agreed to take up the matter for hearing today.
Earlier, the court had listed the matter for Oct 31.
Read more:
lawbeat.in/news-updates/e…
The Counsel for Satyendra Jain has made his submissions before the Court today, the matter has now been listed for November 4, 2022 at 2pm.
#SatyendraJain #bail #plea #pmla
Read 4 tweets
Special Judge Vikas Dhull of #Delhi's Special CBI Court, Rouse Avenue will today continue hearing submissions of Adv. Sushil Gupta appearing for #AnkushJain & #VaibhavJain, in @AamAadmiParty Minister #SatyendraJain bail plea in #moneylaunderingcase.

#PMLA #Bail #plea
The court has assembled. Adv. Sushil Gupta begins making his submissions before Spl. Judge Vikas Dhull.

#PMLA #satyendrajain #bail #plea
Gupta mentions Lala Sher Singh Charitable trust in which certain cash transactions were made. He states that #ED has made this a "proceeds of crime". He also states that there has been "unfair investigation" by @dir_ed.
Read 25 tweets
#Delhi's Special CBI Court, Rouse Avenue will today continue hearing @AamAadmiParty Minister #SatyendraJain bail plea in #moneylaunderingcase.
Yesterday, Adv. Sushil Gupta for Ankush Jain &Vaibhav Jain began making his arguments before Spl. Judge Vikas Dhull.
#PMLA #Bail #plea
During the Hearing, Yesterday, SPP N. K. Matta, filed an additional affidavit on behalf of #ED showing conduct of the three accused namely, #Satyendra Jain, Ankush Jain, and Vaibhav Jain the Jail.
SPP Matta alleged that 3 accused are hampering investigation &that Ankush and Vaibhav are helping Jain. He also contended that Jain is controlling everything from inside.

Read more:
lawbeat.in/news-updates/p…
Read 35 tweets
#Delhi's Special CBI Court, Rouse Avenue will today hear @AamAadmiParty Minister #SatyendraJain bail plea in #moneylaunderingcase.
After @dir_ed filed a transfer petition, Jain's bail application will now be heard by Special Judge Vikas Dhull.

#PMLA #DelhiCourt #Minister
Special Judge Vikas Dhull begins hearing #AAP Minister #SatyendraJain bail plea in #moneylaundering case.
An Additional Affidavit is filed on behalf of the ED, showing the conduct of Jain and two other accused,that 3 accused in this case are hampering with the investigation. He alleges that the two accused helped Satyendra Jain, and also states that Jain is controlling everything.
Read 21 tweets
{PMLA REVIEW}

#SupremeCourt to hold an open court hearing in the review petition filed by Congress lawmaker Karti Chidambaram challenging the top court's July 27 verdict upholding the validity of the Prevention of Money Laundering Act (PMLA)

#PMLA
PMLA review hearing begins

CJI: Argue the review

#PMLAReview
Sr Adv Kapil Sibal: Please take a look at a chart prepared for your convenience.
#PMLAReview
Read 16 tweets
Have I understood it correctly?
On #PMLA SC has said : declaration by Parliament, ipso facto, satisfies the 'test' of compelling State interest.

Does that leave room for judicial scrutiny of a Law as all of them are passed / declared by the Parliament. Often, w/o debate.
More shocking is pulling up directive principles in support of upholding sections that are inversion of justice and due process.
Mind boggling is citation of State's obligation to prevent concentration of wealth in a few hands to justify draconian powers of arrest & detention.
SC completely missed the fact that ED's powers have actually been used by the State to concentrate wealth in a few hands - case in point - Mumbai Airport came to Adani only after ED booked GVK Group under PMLA.
That GVK owners weren't arrested can be attributed to sale to Adani
Read 5 tweets
Thread for AAP Ka News #E101 - 28th July 2022

Add your #news articles & links to the last post in this thread

#aapKaNews #aap #News #spaceshost #spaces

@phani_nath @Randhr602 @Gokul_kool @RupamCh81732018 @BhartiRajbir

#thread : post 1 / n
#thread 2/n
#AAP CM #ArvindKejriwal inaugurated 7 best-in-class #ElectricVehicles (EV) charging stations across #Delhi. These charging stations will be open to all EV owners & aimed at providing low-cost slow as well as fast charging setups

thehindu.com/news/cities/De…
#thread 3/n
The New Delhi Municipal Council (NDMC) will conduct skill training workshops for 25,000 people over the next six months, in collaboration with the National Skill Development Corporation

thehindu.com/news/cities/De…
Read 35 tweets
Subject to reading the full judgment, here's a quick explainer of the SC's pronouncement:

1. To constitute money laundering, mere possession or use of proceeds of crime w/o projecting it as untainted is an offence.
#PMLA #PMLAExplained
2. The inclusion of a wide list of predicate offences under PMLA, covering variety of crimes, from IPC to Copyright violations, is prerogative of the legislature.

#PMLA #PMLAExplained
3. Investigation into money laundering can begin even in the absence of an FIR/investigation into predicate offence. But if predicate offence proceedings result in discharge or acquittal, then money laundering proceedings must also fall

#PMLA #PMLAExplained
Read 8 tweets
PMLA Judgment by Sup Ct (bench headed by J Khanwilkar): The question is to whether some of the amendments in 2019 could not have been enacted by way of Money Bill has not been examined in this judgment

1/n #PMLA
PMLA Judgment by Sup Ct (bench headed by J Khanwilkar): S 3 has a wide reach, capturing every activity indirectly or directly related to money laundering, and is not related merely to the final act of laundering the money.

2/n #PMLA
PMLA Judgment by Sup Ct (bench headed by J Khanwilkar): Expression 'and' in S. 3 has to be interpreted as 'or', thus mere possession of proceeds of crime is money laundering. Argument of petitioner that concealment is necessary is rejected

3/n #PMLA
Read 13 tweets
Supreme Court to pronounce judgment on the batch of petitions challenging the various provisions and procedures given under Prevention of Money laundering Act, 2002.

#SupremeCourt #PMLA #Judgment
Order - The question as to whether some of the amendments would not have been brought as Money Bill has not been examined and have been left for a larger bench to consider

#SupremeCourt #PMLA #Judgment
Order - Section 3 has a wider reach and deals with direct and indirect proceeds of the crime. Explanation to it is clarificatory in nature

#SupremeCourt #PMLA #Judgment
Read 8 tweets
#AnilDeshmukh alongwith his associates Sanjeev Palande, Kundan Shinde and dismissed #MumbaiPolice cop Sachin Waze produced before Special #CBI Court for extension of remand.

#CBI seeks additional 5-day custody.

@AnilDeshmukhNCP
Deshmukh and 3 others are presently in #CBI custody in connection to the corruption case registered after #BombayHighCourt directed enquiry.
SPP Ratan Deep Singh for #CBI: further custody is required to confront them with more witnesses. Hence we need additional 5 days of custody.

#AnilDeshmukh
Read 27 tweets
Special #PMLA Court to shortly commence hearing on the remand of Cabinet Minister #NawabMalik in the money laundering case involving underworld don #DawoodIbrahim being investigated by #enforcementdirectorate.

@nawabmalikncp @dir_ed @OfficeofNM Image
The Minister has been brought to court. The Court is waiting for the Additional Solicitor General Anil Singh to come.

#NawabMalik #EnforcementDirectorate #DawoodIbrahim
Adv Tareq Sayed takes leave of the court to take signatures on the petition filed in High Court.
Court allows.

Malik’s habeas corpus petition filed in his name could not have his signatures as he was in ED custody.
Read 55 tweets
Supreme Court Bench of Justices Khanwilkar, D Maheshwari and CT Ravikumar will continue to hear SG Tushar Mehta in the PMLA case.

#SupremeCourt #SupremeCourtofindia #PMLA
SG Tushar Mehta argues. Refers to Supreme Court cases Gurucharan Singh vs Union Of India.

"My effort today is to show that CrPC will not apply if there is inconsistency between PMLA and CrPC"

#SupremeCourt #SupremeCourtofindia #PMLA
SG refers to Ajmer Singh v. UOI - "Army Act, Navy Act & Air Force Act embody a completely self-contained & comprehensive Code & therefore constitute a special law.."

#SupremeCourt #SupremeCourtofindia #PMLA
Read 16 tweets
#BombayHighCourt to hear plea filed by Cabinet Minister #NawabMalik against the proceedings initiated, arrest and custody by #EnforcementDirectorate and order of #PMLA Court shortly.

@dir_ed @nawabmalikncp @OfficeofNM
Bench of Justices SB Shukre and NJ Jamadar will hear the petition.

Read details: bit.ly/3CaahRV
ASG Anil Singh seeks time to file reply to the petition.

Court: Reply is required in the matter.
Read 35 tweets
Supreme Court continues to hear the PMLA petitions.
Bench of Justices Khanwilkar, D Maheshwari and CT Ravikumar hears SG Tushar Mehta

#SupremeCourt #SupremeCourtofIndia #PMLA
SG Tushar Mehta argues on the importance of knowledge of the proceeds of crime for it to be a offence under PMLA.

Mere possession is not an offence. Knowledge is important too.

#SupremeCourt #SupremeCourtofIndia #PMLA
India's evaluation under FATF is scheduled for next year

#SupremeCourt #SupremeCourtofIndia #PMLA
Read 70 tweets
#SupremeCourt to continue hearing batch of Petitions challenging the provisions of Prevention of Money Laundering Act.
#PMLA
#MoneyLaundering
Solicitor General Tushar Mehta arguing today submits that the entire argument of the petitioner that the entire Act which is Penal in nature has to be compliant with Indian Penal Code, it must be Constitutionally compliant and need not be Indian Penal Code compliant.
#PMLA
Mehta interpreting section 5 of the PMLA Act.

J Khanwilkar- It should be understood by a common man, it is for the common man not for a legal mind, since you are taking so long to understand, think about the plight of a common man.

#PMLA
#MoneyLaundering
Read 20 tweets
PMLA petitions before Supreme Court: Menaka Guruswamy argues.

@MenakaGuruswamy #SupremeCourt #SupremeCourtofIndia
Senior Advocate @MenakaGuruswamy lays down statistics of cases before @dir_ed.

"I will not get a copy of the ECIR, I will not get a copy of the documents, the entire process i repeat is the punishment"

#SupremeCourt #SupremeCourtofIndia
@MenakaGuruswamy: 220 cases where the predicate offence is not known.

Khanwilkar J: Where you have got these statistics

MG: This is from the Ministry of Finance Report.

#SupremeCourt #SupremeCourtofIndia
Read 49 tweets
#SupremeCourt to continue hearing batch of Petitions challenging the provisions of Prevention of Money Laundering Act.
#PMLA
#MoneyLaundering
Senior Advocate Amit Desai appearing for the petitioners continues arguing. Desai referring to the issue of bail in PMLA cases that bail is a facet of Article 21.
#PMLA
#moneylaundering
Referring to the Judgment in the case of Sanjay Chandra, Desai states that this reaffirms the bail. The arguments are being made in context of the no bail to a person accused under PMLA.
#PMLA
#moneylaundering
Read 17 tweets
#SupremeCourt continues hearing batch of Petitions challenging the provisions of Prevention of Money Laundering Act.
Senior Advocate Vikram Chaudhri appearing for other petitioners to continue arguments.
#PMLA
#moneylaundering
A 3-judge bench of Justices AM Khanwilkar, Dinesh Maheshwari and CT Ravikumar will continue hearing the matter today.
Bench assembles.
Read 79 tweets
#SupremeCourt continues hearing batch of Petitions challenging the provisions of Prevention of Money Laundering Act.
Senior Advocate Abhishek Manu Singhvi appearing for petitioners to continue arguments.
#PMLA
#MoneyLaundering
Singhvi referring to an old English law saying said, "I don't agree with this but just to give an idea, it's better to let go 99 guilty than to punish one innocent."

#PMLA
#moneylaundering
However, the bench said, going by the analogy then the provision of arrest should also be unconstitutional, It is a procedure established by law.
#PMLA
#moneylaundering
Read 30 tweets

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