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Home > PMLA 2002 > Section 14 - No civil proceedings
Section 14 - No civil proceedings
Section 14 of the Prevention of Money Laundering Act, 2002 gives immunity to banking companies, financial institutions and intermediaries of securities market, etc., against civil proceedings for furnishing information .
"14. Save as otherwise provided in section 13, the banking companies, financial institutions, intermediaries and their officers shall not be liable to any civil proceedings against them for furnishing information under clause (b) of sub-section (1) of section 12."
PMLA 2002 >> Section 12 - Obligations under PMLA
PMLA 2002 >> Section 13 - Powers of the Director
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