https://www.taxtmi.com/caselaws?id=183944 The court upheld the validity and legality of the proceedings initiated under the Prevention of Money Laundering Act, 2002 (PMLA). It found that the search and seizure operations, as well as the attachment of properties, were conducted in accordance with the provisions of the PMLA. The court emphasized the distinct nature of PMLA proceedings compared to those under the Income Tax Act and dismissed the petitioners' arguments regarding double jeopardy. The court concluded that the PMLA proceedings were lawful and valid, ultimately dismissing the Criminal Miscellaneous Case. en-us Mon, 16 Dec 2013 00:00:00 +0530 Mon, 09 Jan 2023 14:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183944 The court upheld the validity and legality of the proceedings initiated under the Prevention of Money Laundering Act, 2002 (PMLA). It found that the search and seizure operations, as well as the attachment of properties, were conducted in accordance with the provisions of the PMLA. The court emphasized the distinct nature of PMLA proceedings compared to those under the Income Tax Act and dismissed the petitioners' arguments regarding double jeopardy. The court concluded that the PMLA proceedings were lawful and valid, ultimately dismissing the Criminal Miscellaneous Case. Case-Laws Money Laundering Mon, 16 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183944