Prevention Of Money Laundering Act
The Prevention of Money Laundering Act, 2002, is India’s principal legislation aimed at combating money laundering and the proceeds of crime. It establishes mechanisms for investigation, attachment, confiscation, and prosecution related to money laundering offences, and mandates reporting and compliance obligations for certain entities. Administered by the Enforcement Directorate (ED), PMLA is linked to scheduled offences under various statutes. Its scope has expanded to include financial intermediaries, professionals, and high-value transactions, making it a vital tool in India's financial and criminal enforcement architecture. Judicial scrutiny of its bail provisions and investigative procedures continues to shape its evolving application.
Attorneys in Charge
Partner
Nilanjan Chatterjee
He has a practice of more than a decade. He has been working as an Independent Counsel in Patna High Court, DRT, DRAT, NCLT, NCLAT and other fora situated out of Delhi & NCR. He is a panel advocate for Life Insurance Corporation of India, ICICI Bank, Central Bank of India, Canara Bank, UCO Bank, Bihar Industrial Area Development Authority. He is also regularly representing big conglomerates like DCM Shriram Limited, ABP group and Godrej group He has over 100 reported judgments to his credit and also has many research papers published in various journals like the Bihar Bar Council Journal and Criminal Law Journal. He is also regularly advising big corporations regarding Insolvency and Bankruptcy Matters.
Partner
Ravi Anand
Ravi Anand brings a wealth of expertise to our team. He has held significant roles in esteemed organizations such as DCM Shriram Limited and East West Seed International, a prominent Thailand-based MNC. Throughout his career, Ravi has demonstrated exceptional proficiency in navigating complex legal landscapes, particularly in the agro-chemical industry. His adeptness spans across a spectrum of legal areas, including but not limited to laws governing insecticides, fertilizers, seeds, essential commodities, legal metrology, contract drafting, brand protection, intellectual property rights, and data protection laws. His strategic counsel has been instrumental in guiding management decisions and ensuring compliance with regulatory frameworks. Ravi’s professional journey extends beyond borders, as he has provided invaluable legal guidance to business partners across India, Thailand, Vietnam, Myanmar, Cambodia, Malaysia, and Bangladesh. His multicultural exposure enriches his understanding of diverse legal systems and enables him to offer nuanced solutions tailored to specific regional requirements
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