Treatise On Prevention Of Money- Laundering Act, 2002 (Law And Practice)

“Treatise on Prevention of Money‑Laundering Act, 2002 (Law & Practice)” is a comprehensive, up‑to‑date commentary designed to dissect and explain every facet of the landmark anti‑money laundering law in India. The book provides a detailed section‑by‑section analysis of the PMLA, elaborating on definitions, the offence of money‑laundering, punishments, and procedural mechanisms such as provisional attachment, confiscation, search, seizure, arrest, and adjudication. It also examines the duties and obligations of reporting entities — including banks, financial institutions, and intermediaries — covering client due diligence, record‑keeping, reporting and compliance requirements under the Act. Beyond legislative text, the treatise integrates landmark judicial decisions, amendments (including those brought by the Finance (No. 2) Act, 2019 and later changes), and recent enforcement developments, making it a living document that reflects current legal realities. Cross‑references are provided to allied statutes and scheduled offences, enabling readers to understand the wider legal and regulatory matrix surrounding financial crime, economic offences, and asset confiscation. What sets this book apart — its Unique Selling Point (USP) — is the blend of rigorous legal analysis with practical, practitioner‑oriented guidance. Its insights into enforcement practice, litigation strategy, defence and prosecution perspectives, compliance pitfalls, and risk management make it invaluable not just for academic study, but actual application in courtrooms, compliance departments, and regulatory bodies. The ideal audience includes: Lawyers, Prosecutors, Defence Counsels, Compliance Officers, Enforcement Agency Personnel, Financial Institutions, Academics, and Law Students.