PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
HC quashed the ECIR and summons issued to the petitioner under PMLA, finding no evidence of money laundering. The court determined that sites granted as compensation, which had already been surrendered and allotment canceled, could not constitute "proceeds of crime" as defined under Section 3 PMLA. Following precedent established in NATESHA that site allotments cannot be proceeds of crime, the court found the petitioner was not in possession, enjoyment, or usage of any proceeds of crime. While the ED could pursue investigations against others implicated in MUDA corruption, the petitioner could not be prosecuted under PMLA, though this ruling does not affect the predicate offense proceedings in Crime No. 11/2024.
HC quashed the ECIR and summons issued to the petitioner under PMLA, finding no evidence of money laundering. The court determined that sites granted as compensation, which had already been surrendered and allotment canceled, could not constitute "proceeds of crime" as defined under Section 3 PMLA. Following precedent established in NATESHA that site allotments cannot be proceeds of crime, the court found the petitioner was not in possession, enjoyment, or usage of any proceeds of crime. While the ED could pursue investigations against others implicated in MUDA corruption, the petitioner could not be prosecuted under PMLA, though this ruling does not affect the predicate offense proceedings in Crime No. 11/2024.
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