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Government Amends Black Money Act to give it effect from 1St July 2015 - Can Govt amend an Act passed by Parliament?


Attachment of property outside India

Chapter IX of PMLA apparently authorises such acts, subject India having agreement with other contracting States for enforcement of provisions of the PMLA. One has to assume that India and USA have entered into such an agreement. Wonderful. We are going to see some interesting legal fireworks!

Gururaj B N 03/07/2015

 

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