Prevention of money laundering act section 50 – court delhi – year 1997 – judgments _ legalcrystal u s anti money laundering laws

Decided on : mar-20- 1997

Reported in : air1997delhi267b; ilr1997delhi22

….. The notification and for various other reliefs. The petition was dismissed and it was held that sections 366, 367(c) and 385 of the act were enacted for the promotion of public health and for the prevention of danger to the life of the community and in the larger interest of the . Public ….. Considerations or as a statue symbol. To give permission to trade in articles made from mammoth ivory would result in laundering of indian ivory — a result which the legislation wants to prevent for the reasons already explained above. Learned counsel for the petitioner referred to certain correspondence with the secretariat of the ….. Has assumed the role of plunderer and destroyer of ecology for his greed.

Man has been killing animals for the satisfaction of his uncontrolled thrust for money or hunting animals for pleasure and sport.U s anti money laundering laws the addition is so immense that he is not bothered even about the survival of his progeny on ….. Been guaranteed, the government has been laid under a solemn duty to give effect to the directive principles. 50. It was in fulfillment of this duty that the principal act and the amendment act 44 of 1991 have been enacted to conserve wild life. The destruction or depletion of the other form of ….. Extinct genus of elephants found as fossils in pleistocene deposits over every continent except australia and south africa (pleistocene epoch began 2, 50,000 years ago and ended 10,000 years back) is fossil mammoth ivory and not ivory in the sense in which the same is used ….. Tag this judgment!

Decided on : mar-20- 1997

Reported in : 1997IIIAD(delhi)333; 2(1997)CLT273; 67(1997)DLT145; 1997(42)DRJ131

….. The notification and for various other reliefs. The petition was dismissed and it was held that sections 366, 367(c) and 385 of the act were enacted for the promotion of public health and for the prevention of danger to the life of the community and in the larger interest of the public …..U s anti money laundering laws considerations or as a status symbol. To give permission to trade in articles made from mammoth ivory would result in laundering of indian ivory–a result which the legislation wants to prevent for the reasons already explained above. Learned counsel for the petitioner referred to certain correspondence with the secretariat of the ….. Has assumed the role of plunderer and destroyer of ecology for his greed. Man has been killing animals for the satisfaction of his uncontrolled thirst for money or hunting animals for pleasure and port. The addiction is so immense that he is not bothered even about the survival of his progeny on ….. Or dangerous goods cannot be considered illegal. The apex court in that case cited with approval the following observations in crowley’s case (1890) 34 l ed. 620: ‘there is no inherent right in a citizen to sell intoxicating liquors by retail; it is not a privilege of a citizen of …..U s anti money laundering laws have been guaranteed, the government has been laid under a solemn duty to give effect to the directive principles.( 50) it was in fulfilllment of this duty that the principal act and the amendment act 44 of 1991 have been enacted to conserve wild life. The destruction or depletion of the other form ….. Tag this judgment!