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2015 (4) TMI 1225 - HC - Money LaunderingAdjudicating authority competency to determine the guilt of the persons, who are before them for the purpose of attachment and confirmation of the attached property - proceeding under Section 8 of PMLA - Held that:- The findings arrived at by the Adjudicating Authority that defendants committed a schedule offence shall not have any binding force in any proceeding or the trial pending before the competent Court and the Court dealing with the trial of the accused either under Section 3 of PML Act or for any scheduled offence shall decide the matter without being influenced with the aforesaid finding recorded by Adjudicating Authority during the proceedings under Section 8 of PML Act. However, the remedy to prefer an appeal would be available to the petitioners.
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