Designation of Registrar as a person carrying on designated business or profession under PMLA creates reporting and compliance obligations. Notification declares a Registrar or Sub Registrar appointed under the Registration Act as a person carrying on designated business or profession under the Prevention of Money laundering Act, invoking the central government's power under sub clause (ii) of clause (sa) of section 2(1) to bring such officers within the Act's compliance and reporting framework.
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.
Designation of Registrar as a person carrying on designated business or profession under PMLA creates reporting and compliance obligations.
Notification declares a Registrar or Sub Registrar appointed under the Registration Act as a person carrying on designated business or profession under the Prevention of Money laundering Act, invoking the central government's power under sub clause (ii) of clause (sa) of section 2(1) to bring such officers within the Act's compliance and reporting framework.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
