https://www.taxtmi.com/caselaws?id=188292 Summons issued under Section 50 of the Prevention of Money-Laundering Act, 2002 at the investigation stage were treated as part of an independent statutory process to secure attendance and records for tracing alleged proceeds of crime, and were not quashed at the threshold. The court held that a pending IPC case on predicate offences did not bar the Enforcement Directorate from proceeding separately under the PMLA. It further held that Article 20(2) was not attracted because investigative summons do not amount to a second prosecution or punishment for the same offence, and the self-incrimination objection did not justify quashing the summons. en-us Wed, 25 Sep 2013 00:00:00 +0530 Thu, 25 May 2017 17:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188292 Summons issued under Section 50 of the Prevention of Money-Laundering Act, 2002 at the investigation stage were treated as part of an independent statutory process to secure attendance and records for tracing alleged proceeds of crime, and were not quashed at the threshold. The court held that a pending IPC case on predicate offences did not bar the Enforcement Directorate from proceeding separately under the PMLA. It further held that Article 20(2) was not attracted because investigative summons do not amount to a second prosecution or punishment for the same offence, and the self-incrimination objection did not justify quashing the summons. Case-Laws Money Laundering Wed, 25 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188292