Financial Intelligence Unit — Legal Precedents

Legal Precedents

Vijay Madanlal Choudhary & Ors. vs. Union of India

2022

This landmark Supreme Court judgment upheld the constitutional validity of various provisions of the Prevention of Money Laundering Act (PMLA), 2002. It clarified the powers of…

P. Chidambaram vs. Directorate of Enforcement

2019

While primarily concerning anticipatory bail in a money laundering case, this judgment highlighted the stringent nature of PMLA offenses and the cautious approach courts take in…

K.C. Builders vs. The Assistant Commissioner of Income Tax

2004

This case, though pre-dating the full operationalization of FIU-IND, is significant for its observations on the nature of 'proceeds of crime' and the interconnectedness of tax…

Directorate of Enforcement vs. M/s. Obulapuram Mining Company Pvt. Ltd.

2017

This case involved the attachment of properties under PMLA. The Supreme Court reiterated that the power of attachment is a crucial tool to prevent the dissipation of proceeds of…

Union of India vs. Hassan Ali Khan

2011

This case, though primarily about a high-profile tax evasion and money laundering investigation, brought to light the challenges of tracing vast sums of black money stashed…