LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Prevention of Money Laundering Act, 2002,2003

Act No : 15


Section : No civil proceedings against banking companies, financialinstitutions, etc., in certain cases.

14. No civil proceedings against banking companies, financial institutions, etc., in certain cases.-Save as otherwise provided in section 13, the banking companies, financial institutions, intermediaries and their officers shall not be liable to any civi proceedings against them for furnishing information under clause (b) of sub-section (1) of section 12.