Section 9 of PMLA : Section 9: Vesting Of Property In Central Government

PMLA

JavaScript did not load properly

Some content might be missing or broken. Please try disabling content blockers or use a different browser like Chrome, Safari or Firefox.

Explanation using Example

Imagine a business owner, Mr. Sharma, is involved in a large-scale money laundering scheme. The authorities, after thorough investigation, find that Mr. Sharma has purchased several properties using the proceeds of his illegal activities. The Enforcement Directorate moves to attach these properties under the Prevention of Money-Laundering Act, 2002.

Eventually, the Special Court issues an order of confiscation for these properties under Section 9 of the Act. Consequently, all rights and titles in these properties now belong to ...

Login to access all pages and read more content.

To disable ads and read rest of the premium content, subscribe to KanoonGPT Pro.

🚀 Special Offer! Enjoy 1 Year of Ad-Free Browsing with any subscription.
KanoonGPT is now faster and smarter, powered by upgraded servers.
Subscribe today and unlock all new features!
Update: Discover how KanoonGPT revolutionizes legal research! Watch our demo video on the homepage to see how you can chat with various legal sections using our innovative hybrid AI search. Enjoy free unlimited AI access for a limited time!
Update: Page bookmarking and open in new tab is now supported! Simply use your browser's bookmark manager to save this page for quick access later.
Update: We're building AI tools for the Indian Law community. Help shape the future by filling out this quick form for a chance to get a free 1-year usage of the requested tool.

Download Digital Bare Acts on mobile or tablet with "Kanoon Library" app

Kanoon Library Android App - Play Store LinkKanoon Library iOS App - App Store Link