https://www.taxtmi.com/caselaws?id=328348 The court dismissed the petition challenging show cause notices issued under the Prevention of Money Laundering Act by non-executive directors of a company, emphasizing the importance of allowing the directors to respond during the investigative process. The court upheld the authority of the notices and stressed the duty of all officers in a reporting entity to comply with regulations. The dismissal was without costs, preserving the petitioners' right to challenge the decision if aggrieved. en-us Wed, 11 May 2016 00:00:00 +0530 Wed, 23 Nov 2016 15:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328348 The court dismissed the petition challenging show cause notices issued under the Prevention of Money Laundering Act by non-executive directors of a company, emphasizing the importance of allowing the directors to respond during the investigative process. The court upheld the authority of the notices and stressed the duty of all officers in a reporting entity to comply with regulations. The dismissal was without costs, preserving the petitioners' right to challenge the decision if aggrieved. Case-Laws Money Laundering Wed, 11 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328348