Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 22 SEPTEMBER 2023

Money Laundering As A Standalone Offense: Decoding Section 3 Of PMLA

Vaish Associates Advocates
Explore more from Vaish Associates Advocates

The intricate world of financial crimes often delves into the covert operations of money laundering, an art of disguising the origins of unlawfully acquired wealth.

IndiaGovernment, Public Sector
Vijay Pal Dalmia
Vijay Pal Dalmia
Author LinkedIn connections

Article by Vijay Pal Dalmia, Advocate, Supreme Court of India and Delhi High Court, Partner & Head of Intellectual Property Laws Division, Vaish Associates Advocates, India

The intricate world of financial crimes often delves into the covert operations of money laundering, an art of disguising the origins of unlawfully acquired wealth. Central to this nefarious web is Section 3 of the Prevention of Money Laundering Act, an integral provision that dissects the anatomy of money laundering as a standalone offense. This legal framework encapsulates a web of elements that intricately define the offense, serving as a cornerstone in the fight against financial deception.

Unraveling the Nexus of Proceeds and Process

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

© 2026, Vaish Associates Advocates,
All rights reserved
Advocates, 1st & 11th Floors, Mohan Dev Building 13, Tolstoy Marg New Delhi-110001 (India).

The content of this article is intended to provide a general guide to the subject matter. Specialist professional advice should be sought about your specific circumstances. The views expressed in this article are solely of the authors of this article.

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Article

Punjab And Haryana High Court Strikes Down JAO - FAO Retrospective Amendment As Unconstitutional

The Hon’ble Punjab and Haryana High Court (HC) in Jyoti Sareen vs. UOI & Others (CWP No. 15791-2024 (O&M)) (Order) held the retrospective amendments carried out vide the Finance Act, 2026, with respect to the powers of the Jurisdictional Assessing Officer (JAO) to issue a reopening notice under section 148 (Reopening Notice) of the Income-tax Act, 1961 (IT Act), as unconstitutional, being violative of the ‘doctrine of separation of powers’ and thus violative of Article 14 of the Constitution of India.
IndiaGovernment, Public Sector
Khaitan & Co.
Khaitan & Co.
Article

Acquisition By An FOCC Of An Indian Company: Pricing Conditions For Resident And Non-resident Shareholders

A FOCC refers to an Indian entity that has received foreign investment and is ultimately owned or controlled by persons resident outside India. Although incorporated in India under the Companies Act, such entities are treated differently from domestically owned and controlled Indian companies for the purposes of foreign investment regulation and downstream investment structuring. Consequently, an FOCC, despite being an Indian incorporated entity, is subject to regulatory conditions applicable to foreign investment while undertaking investments into other Indian entities.
IndiaGovernment, Public Sector
LegaLogic
LegaLogic