PMLA

Money laundering is the illegal process of making large amounts of money generated by a criminal activity, such as drug trafficking or terrorist funding, appear to have come from a legitimate source. The money from the criminal activity is considered dirty money and the process of dirty money to look like a clean money is called Money Laundering .The intention and objective of the legislature while legislating the Prevention of Money Laundering Act, 2002 (“PMLA”) was to deprive the offender (of money-laundering), the enjoyment of “illegally acquired” fruits of crime by taking away his right over property acquired through such means, and to obviate the threat of money laundering to the financial system of the country.

Alt-F is a well-established law firm specialized in the field of PMLA cases. The team consists of highly skillful and talented lawyers with the hard core experience in PMLA. The thorough experience of lawyers who have already worked as public prosecutor in the directorate of enforcement and also the ex- government officials of the department further enriches the team. We provide our clients with sound legal advice on every aspect of PMLA. The team makes regular appearances before various authorities and Courts for PMLA cases for a client list of domestic and multinational corporates and significant individuals. Advising and assisting on all manners of criminal investigation enacted by the Enforcement Directorate is another core aspect of the firm. We have already provided strong assistance and sincere handling of various high profile cases at various stages whether it is issuance of Show Cause Notice or provisional attachment by the Directorate of Enforcement, Original Complaint/Original Application before Adjudicating Authority, Appeal before Appellate Tribunal, Prosecution Complaint before special court, writ Petition or SLP before Hon’ble Supreme Court.