The offence of money laundering is not an independent or ...

Money Laundering Charges Require Predicate Offence; No Scheduled Offence Linked to Petitioner's Case.

July 16, 2022

Case Laws Money Laundering HC

The offence of money laundering is not an independent or autonomous offence but is dependent on commission of a predicate offence. In other words an offence under the PMLA is not a standalone offence. It is relatable to commission or an offshoot of a scheduled offence. In so far the petitioner is concerned, as noticed above, there is no charge of scheduled offence against him - it is trite that for allegation of money laundering against one person, property belonging to another person cannot be attached. - HC

View Source

← Previous Next →

The offence of money laundering is not an independent or ...

Money Laundering Charges Require Predicate Offence; No Scheduled Offence Linked to Petitioner's Case.

July 16, 2022

Case Laws Money Laundering HC

You may also like:

The Appellate Tribunal ruled on the validity of proceedings u/s Prevention of Money Laundering Act, 2002 without a scheduled offence. It held that without a scheduled...

Money Laundering - scheduled offences - predicate offence - The High Court confirmed that the offense under Section 3 of the PMLA depends on the existence of proceeds...

In a money laundering case involving a predicate offence related to an illegal kidney transplantation racket and offences under the Indian Penal Code and Transplantation...

Money Laundering - illegal mining of granite, causing damages to human life and properties using explosives - scheduled offences - The High Court clarified that the...

Scheduled offence is a prerequisite for initiating proceedings under the Prevention of Money Laundering Act (PMLA). The offence of money laundering u/s 3 of PMLA...

The Appellate Tribunal allowed the appeal and held that the allocation of the coal block to the appellant company did not constitute proceeds of crime under the...

The High Court granted bail to the applicant Padam Singhee in a money laundering case under the Prevention of Money Laundering Act (PMLA). The applicant was accused of...

Money laundering case involving proceeds of crime from scheduled offence of conspiracy to siphon crores of rupees deposited by innocent bank depositors. Key points:...

The High Court dismissed the petition challenging the complaint filed under the Prevention of Money Laundering Act (PMLA) for customs duty evasion. The court held that...

The High Court dismissed the petitions seeking to quash the criminal complaint under the Prevention of Money-Laundering Act, 2002 (PMLA). The petitioners argued that the...

The High Court dealt with a case involving money laundering through the sale of illegally printed lottery tickets. The court held that the Prevention of Money Laundering...

The court held that the competent authorities under the Prevention of Money Laundering Act (PMLA) cannot be restrained from exercising their statutory powers, even if...

The petitioner sought to restrain criminal proceedings for money laundering. Citing a Supreme Court case, it was held that money laundering can be a continuing offence...

Money laundering - The quashing of FIR of regular case automatically created a situation that the offences, stated and alleged in the FIR has no existence; thus the...

The SC dismissed the appellant's appeal against money laundering charges under PMLA. The Court rejected the appellant's contention that the alleged acts occurred before...

Quick Updates: