Bharat's Treatise on PMLA (Prevention of Money Laundering Act, 2002) Law & Practice
Edition: 2nd Edition, 2025
Binding: Paperback (Set of Volume 1 and Volume 2)

Treatise on PMLA (Prevention of Money Laundering Act, 2002) Law & Practice by Akhilesh S. Dubey – 2nd Edition, 2025 (Set of Volume 1 and Volume 2) is a thoroughly revised and updated comprehensive legal commentary on the Prevention of Money Laundering Act, 2002 (PMLA). Tailored to meet the needs of legal professionals, law enforcement agencies, compliance officers, and corporate legal teams, this two-volume set presents a detailed, section-wise analysis of the anti-money laundering framework in India as it stands in 2025.

Encompassing recent amendments, major judicial decisions, enforcement trends, and global anti-money laundering (AML) practices, this edition offers practical insights into the interpretation and application of PMLA. With a focus on investigation procedures, property attachment, trial and adjudication, and appellate remedies, the book equips readers to navigate the complex regulatory and legal ecosystem surrounding economic offences and financial crimes.

Volume 1 covers the core legal provisions, definitions, and conceptual framework of PMLA, while Volume 2 delves into procedural law, enforcement mechanisms, and practical litigation aspects. The book also explores the interface of PMLA with other legislation including the Income Tax Act, NDPS Act, FEMA, and IPC.

Key Features:

• Complete and Updated Legal Commentary: Offers a detailed examination of the PMLA, 2002 along with all amendments, rules, and judicial interpretations up to 2025.

• Two-Volume Structure for Ease of Use: Volume 1 provides foundational and conceptual clarity, while Volume 2 addresses procedural nuances, investigations, and trial stages.

• Latest Case Law Coverage: Discusses landmark decisions including Vijay Madanlal Choudhary, Shivinder Mohan Singh, and Zahoor Watali, with practical implications and legal insights.

• In-Depth Analysis of Enforcement Mechanisms: Covers ED procedures, attachment of property, summons, arrests, prosecution strategy, bail, and adjudication processes.

• Bail and Constitutional Challenges: Evaluates bail provisions under Section 45, reverse burden of proof, and constitutional challenges to PMLA provisions with Supreme Court guidance.

• Compliance Obligations for Reporting Entities: Includes obligations of banks, NBFCs, stockbrokers, mutual funds, and other financial intermediaries under PMLA and allied rules.

• Global AML Perspective: Integrates FATF recommendations, international cooperation norms, and cross-border enforcement measures under the Indian AML regime.

• Templates and Practical Tools: Provides draft formats for legal notices, ED responses, bail applications, and property-related pleadings for quick reference.

• User-Centric Layout: Organized with flowcharts, compliance charts, case tables, and section-wise summaries to aid faster comprehension and application.

• Sector-Specific Guidance: Addresses PMLA implications for real estate, cryptocurrency, hawala transactions, NGOs, and politically exposed persons (PEPs).

Why This Book is Essential:

• Authoritative and Practical: Written by a leading legal expert, this work bridges legal theory with ground-level practice and litigation strategy.

• Essential for Compliance and Risk Management: Ideal for AML compliance officers and financial institutions seeking clarity on legal obligations and reporting procedures.

• Trusted Resource for Legal Professionals: A go-to reference for advocates, enforcement officials, judiciary members, and public prosecutors handling PMLA matters.

• Supports Strategic Legal Decision-Making: Helps in drafting pleadings, preparing defenses, understanding procedural timelines, and planning appeal strategies.

• Covers Evolving Jurisprudence: Reflects the dynamic nature of PMLA with regular legislative and judicial updates, ensuring relevance and applicability.

Treatise on PMLA (Prevention of Money Laundering Act, 2002) Law & Practice by Akhilesh S. Dubey – 2nd Edition, 2025 (Set of Volume 1 and Volume 2) is an indispensable resource for anyone dealing with anti-money laundering laws in India. Whether you are a legal practitioner, regulator, or compliance officer, this treatise empowers you with the legal depth and procedural clarity required to handle PMLA-related matters effectively and confidently.