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The amended Section 12 punishes abetment of any offence under the Prevention of Corruption Act, whether or not the principal offence is committed in consequence. The 2018 language is wider than the former provision, which was tied to specified offences. Abetme…
Section 11 addresses a conflict-laden benefit even where a specific corrupt official act is not proved. It applies when a public servant accepts, obta…
Section 9 creates liability for a commercial organisation where an associated person gives or promises an undue advantage to obtain or retain business…
Section 7A, inserted in 2018, targets the influence market surrounding public administration. It applies where a person accepts, obtains, attempts to …
The 2018 amendment made “undue advantage” the central currency of bribery offences. Section 2(d) defines it as gratification, in whatever form, other …
The amended Section 7 replaces the older drafting centred on “gratification as a motive or reward” with an offence built around undue advantage and im…
The Prevention of Corruption (Amendment) Act, 2018, effective from 26 July 2018, did not merely increase penalties. It reorganised the liability struc…
An internal anti-money-laundering investigation is neither a criminal trial nor a routine compliance formality. For a reporting entity under the Preve…
Real estate can move and preserve large amounts of value through a single transaction. Cash components, nominee ownership, artificial consideration, t…
The Prevention of Money-Laundering Act, 2002 does not make every chartered accountant, company secretary or cost accountant a reporting entity for eve…
India does not regulate anti-money-laundering risk in virtual digital assets merely by warning users about cryptocurrency. Since 7 March 2023, a busin…
When a company facing allegations of money laundering enters the corporate insolvency resolution process, two public-law objectives meet. The Preventi…
The Prevention of Money-Laundering Act, 2002 is designed to remove criminal property from those who launder it, but confiscation is not necessarily th…
An Indian money-laundering case does not stop at the territorial border merely because an account, company, trust, digital wallet, witness or asset is…
Money-laundering investigations frequently begin after the alleged criminal gain has been spent, layered, transferred, converted or moved beyond India…
An unexplained bank balance, cash deposit or asset disproportionate to declared income may justify inquiry under tax, company, foreign-exchange, corru…
Property proceedings under the Prevention of Money-Laundering Act, 2002 frequently affect a person who is neither accused of the scheduled offence nor…
Section 70 of the Prevention of Money-Laundering Act, 2002 prevents a business organisation from becoming a shield for contraventions committed throug…