Protection Money
Legal definition for Indian law research
Definition
Protection money, unaccounted accumulation of black money in the hands of a few has encouraged the gangsters to widen the scope of their activities. Because of the money and muscle power, they are in a position of procuring highly sophisticated weapons. Such gangs collect money from various businessmen, land developers, persons carrying on illegal activities in gambling dens, drug traffickers etc. Such collected money is termed as 'protection money', State of Maharashra v. Bharat Chaganlal Ragbani, (2001) 9 SCC 1 (6).
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