Loading
We make advocacy simple for you Home | For lawyers | Contact Us |               | info@easyadvocacy.com

Section-4 Punishment for money-laundering


Section-4 Punishment for money-laundering.-

Whoever commits the offence of money-laundering shall be punishable with rigorous imprisonment for a term which shall not be less than three years but which may extend to seven years and shall also be liable to fine which may extend to five lakh rupees: Provided that where the proceeds of crime involved in money-laundering relates to any offence specified under paragraph 2 of Part A of the Schedule, the provisions of this section shall have effect as if for the words "which may extend to seven years", t e words "which may extend to ten years" had been substituted.



View Previous | View Next

Ask your question from lawyers!

Ask anonymously