A Practical Guide to The Prevention of Money Laundering Act, 2002

A Practical Guide to The Prevention of Money Laundering Act, 2002 is a comprehensive and practitioner-oriented work that explains India’s principal legislation dealing with money laundering and financial crimes. The book systematically examines the object, scope, and evolution of PMLA, along with its interplay with scheduled offences under other criminal statutes.

It offers detailed guidance on investigation procedures, search and seizure, arrest, attachment and confiscation of proceeds of crime, and the adjudicatory process before authorities and Special Courts. Special emphasis is placed on the powers of the Enforcement Directorate, procedural safeguards, and judicial interpretations shaping PMLA enforcement.

The guide also addresses compliance obligations of banks, financial institutions, intermediaries, and corporates, making it highly relevant in today’s regulated financial environment. Written in a clear and practical manner, the book bridges statutory provisions with real-world application, recent amendments, and key case law.

This work serves as an indispensable reference for anyone dealing with economic offences, white-collar crime, and financial regulatory enforcement in India.