Tag: fishing enquiry

The Delhi High Court has sought a reply from the Central Government on a petition against the inclusion of chartered accountants under the ambit of the Prevention of Money Laundering Act (PMLA). According to the court website, the next date of hearing will be October 4. The petition filed by a practising chartered accountant, Rajat Mohan, seeks quashing a Finance Ministry notification dated May 3, 2023, and the application of five sections (11A,12,12A,12AA,13) of PMLA to the petitioner. Section 11A deals with verification of identity by a reporting...