Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
The GoI issued a notification amending the Prevention of Money-laundering Act (PMLA) notification from 2006 by inserting a new entry (27) to include the Indian Cyber Crime Coordination Centre (I4C) as an authorized entity for information sharing under section 66(1)(ii). The amendment enables I4C to access and exchange financial intelligence data, expanding the scope of information sharing mechanisms in combating financial crimes and cyber-related money laundering activities. The modification was made by the Ministry of Finance, Department of Revenue, with the directive that such information exchange is necessary in public interest.
The GoI issued a notification amending the Prevention of Money-laundering Act (PMLA) notification from 2006 by inserting a new entry (27) to include the Indian Cyber Crime Coordination Centre (I4C) as an authorized entity for information sharing under section 66(1)(ii). The amendment enables I4C to access and exchange financial intelligence data, expanding the scope of information sharing mechanisms in combating financial crimes and cyber-related money laundering activities. The modification was made by the Ministry of Finance, Department of Revenue, with the directive that such information exchange is necessary in public interest.
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