https://www.taxtmi.com/caselaws?id=195119 At the preliminary stage of proceedings under the Prevention of Money-Laundering Act, 2002, authorities may proceed on collected material to investigate, issue summons under Section 50, and freeze accounts under the Act's statutory framework, without first completing the procedural steps urged under Sections 5 and 17. The challenge to such inquiry-stage action was therefore rejected as premature, while remaining subject to the Act's safeguards and later adjudication. The Court also held that Section 65 brings in the Code of Criminal Procedure, 1973 so far as not inconsistent with the Act, and recognised that the procedural protection available to women under Section 160 of the Code applies in appropriate cases. en-us Fri, 09 May 2014 00:00:00 +0530 Mon, 16 Oct 2017 09:15:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195119 At the preliminary stage of proceedings under the Prevention of Money-Laundering Act, 2002, authorities may proceed on collected material to investigate, issue summons under Section 50, and freeze accounts under the Act's statutory framework, without first completing the procedural steps urged under Sections 5 and 17. The challenge to such inquiry-stage action was therefore rejected as premature, while remaining subject to the Act's safeguards and later adjudication. The Court also held that Section 65 brings in the Code of Criminal Procedure, 1973 so far as not inconsistent with the Act, and recognised that the procedural protection available to women under Section 160 of the Code applies in appropriate cases. Case-Laws Money Laundering Fri, 09 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195119