Prevention of Money Laundering Act, 2002 with Section 71 Archives

Supreme Court clarifies priority of secured creditors vs. PMLA and MPID Act in NSEL scam: National Spot Exchange Limited vs. Union of India (2025)

May 15, 2025 / Bela M. Trivedi, Constitution of India, Constitution of India with Article 246, Constitution of India with Article 254, Judges, Maharashtra Protection of Interest of Depositors Act, 1999, Maharashtra Protection of Interest of Depositors Act, 1999 with Section 14, Maharashtra Protection of Interest of Depositors Act, 1999 with Section 4, Prevention of Money Laundering Act, 2002, Prevention of Money Laundering Act, 2002 with Section 71, Satish Chandra Sharma

Date of the Judgment: May 15, 2025 Citation: 2025 INSC 694 Judges: Bela M. Trivedi, J., Satish Chandra Sharma, J. In a significant judgment concerning the National Spot Exchange Limited (NSEL) scam, the Supreme Court addressed the conflicting claims between secured creditors and the attachment of assets under the Prevention of Money Laundering Act, 2002 […]

Supreme Court clarifies priority of secured creditors vs. PMLA and MPID Act in NSEL scam: National Spot Exchange Limited vs. Union of India (2025) Read Post »

Supreme Court Requires Sanction for Public Servants under PMLA: Directorate of Enforcement vs. Bibhu Prasad Acharya (2024)

Supreme Court Requires Sanction for Public Servants under PMLA: Directorate of Enforcement vs. Bibhu Prasad Acharya (2024) LEGAL ISSUE: Whether prior sanction under Section 197 of the Code of Criminal Procedure is required to prosecute public servants for offences under the Prevention of Money Laundering Act, 2002. CASE TYPE: Criminal Law, Prevention of Money Laundering