W.P.(C) 138/2021

Page 1 of 174

*

IN THE HIGH COURT OF DELHI AT NEW DELHI

%

Judgment reserved on: 09 May 2023

Judgment pronounced on: 24 July 2023

+

W.P.(C) 138/2021 & CM APPL. 421/2021 (Interim Relief),

CM APPL. 37179/2022 (Direction)

PAYPAL PAYMENTS PRIVATE LIMITED ..... Petitioner

Through:

Mr. Kapil Sibal and Mr. Sajan

Poovayya, Sr. Adv. with Ms.

Shally

Bhasin

Ms.

Shreya

Mukerjee, Mr. Prateek Gupta,

Ms. Varshini Sudhinder and

Mr. Palash Maheshwari, Advs.

versus

FINANCIAL INTELLIGENCE UNIT INDIA & ANR.

..... Respondents

Through:

Mr. Zoheb Hossain, SSC with

Mr. Vivek Gurnani and Ms.

Farheen Penwale, Advs. for R-1

Mr. Parag P. Tripathi, Sr. Adv.

with Mr. Ramesh Babu, M. R.,

Ms. Manisha Singh, Mr. Rohan

Srivastava and Ms. Mishika

Bajpai, Advs.

CORAM:

HON'BLE MR. JUSTICE YASHWANT VARMA

J U D G M E N T

Digitally Signed

By:NEHA

Signing Date:24.07.2023

17:34:55

Signature Not Verified

W.P.(C) 138/2021

Page 2 of 174

S.NO.

TITLE

REFERENCE(s)

A.

PREFACE

Paras 1-3

B.

PA’s

AND

OPGSP’s-

REGULATORY

FRAMEWORK

Paras 4- 7

C.

ESSENTIAL FACTS

Paras 8-10

D.

PSS

ACT

&

PMLA-

THE

STATUTORY STRUCTURE

Paras 11-32

E