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    Money laundering is a continuing offence under PMLA Sections 3/4; prosecution possible as long as proceeds are possessed.
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Money Laundering

Attachment of property - expiry of period of limitation for...

High Court Rules: No Need to Wait 45 Days Before Property Attachment u/s 8(4) of PMLA.

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Money Laundering November 2, 2022 Case Laws HC
Attachment of property - expiry of period of limitation for filing appeal - There is no scope to interpret the provisions contained in Section 8(4) and Section 26 of the PMLA and Rule 5(2) of the Rules of 2013 to hold that for taking action under Section 8(4) of the PMLA, the authorized officer has to await the expiry of period of limitation i.e., 45 day - HC

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Acts Income Tax