Prohibition on dealing with designated persons: dealers must refuse transactions and immediately report under prescribed procedure. Dealers in precious metals and precious stones must refuse transactions with any designated individual or entity and immediately inform the Principal Secretary (Home), who will follow the procedural framework in paragraphs 7-10 of the Ministry of Home Affairs order dated 27.08.2009. The list of designated persons is available from the Department's Policy Branch on written application to VATO (Policy), imposing a duty of non engagement and prompt reporting by dealers.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Prohibition on dealing with designated persons: dealers must refuse transactions and immediately report under prescribed procedure.
Dealers in precious metals and precious stones must refuse transactions with any designated individual or entity and immediately inform the Principal Secretary (Home), who will follow the procedural framework in paragraphs 7-10 of the Ministry of Home Affairs order dated 27.08.2009. The list of designated persons is available from the Department's Policy Branch on written application to VATO (Policy), imposing a duty of non engagement and prompt reporting by dealers.
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