Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
A company may respond to a PMLA investigation summons through an...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and attendance.
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A company may respond to a PMLA investigation summons through an authorised agent or signatory where the summons contemplates attendance by a Director or authorised signatory. The HC permitted such representation because the company and its Directors undertook to cooperate with the investigation and to appear whenever required, and the authority had no objection to recording the agent's statement. The authority was directed to allow the authorised representative's appearance, without relieving the company or its Directors of their obligation to cooperate and attend when required.
A company may respond to a PMLA investigation summons through an authorised agent or signatory where the summons contemplates attendance by a Director or authorised signatory. The HC permitted such representation because the company and its Directors undertook to cooperate with the investigation and to appear whenever required, and the authority had no objection to recording the agent's statement. The authority was directed to allow the authorised representative's appearance, without relieving the company or its Directors of their obligation to cooperate and attend when required.
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