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Article #7
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PMLA role in combating shell companies The Prevention of Money Laundering Act, 2002 (PMLA) is the basis of India’s legal system against money laundering. On July 1, 2005, PMLA and the Rules made thereunder became operative. This criminal law was passed to stop money laundering, provide for the acquisition of assets obtained by or…
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Article #6
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Framing of Charges in Criminal Proceedings The framing of charges is a very important juncture for criminal proceedings as it is a crucial part of the Indian Criminal Justice System. It indicates justice, fairness, and the due procedure of law as a person should neither be punished more nor less for the crime…
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Article #5
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FEMA Compliance and the Tech Industry India has become the world’s largest IT hub and has played a major role in the expansion of its services. Over 15 million direct and indirect jobs have been created in India because of this industry. It’s revenue for FY 20 is estimated at US$ 191 billion, growing…
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Article #4
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Cross-Border Corruption and Money Laundering In an increasingly interconnected world, cross-border corruption and money laundering have emerged as significant threats to global economic stability, governance, and security. These illegal activities not only undermine the integrity of institutions but also facilitate the financing of further criminal endeavors, including terrorism. This article delves into the intricate…
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Article #3
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The Thin Line: Judicial Intervention vs. Administrative Discretion in Transfer An administration is formed to perform a particular function, and it has the discretion to perform it. So, for all transfers, an administrative body is made that has the authority to transfer. Every sector has its administration appointed to undertake the transfer; they adhere…