https://www.taxtmi.com/caselaws?id=273067 The court upheld the validity of the investigation under the Prevention of Money Laundering Act, dismissing the petitioner's challenge based on the timing of the alleged offences under the Prevention of Corruption Act. The court clarified that the focus of the PMLA is on money laundering acts, regardless of when the scheduled offences occurred. Emphasizing the independence of PMLA investigations from scheduled offences, the court found no violation of Article 20(1) of the Constitution. The court concluded that the absence of all Section 3 offence elements in the Information Report did not justify interfering with the ongoing investigation, ultimately dismissing the writ petition. en-us Tue, 19 Jul 2016 00:00:00 +0530 Sat, 02 Jun 2018 11:36:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273067 The court upheld the validity of the investigation under the Prevention of Money Laundering Act, dismissing the petitioner's challenge based on the timing of the alleged offences under the Prevention of Corruption Act. The court clarified that the focus of the PMLA is on money laundering acts, regardless of when the scheduled offences occurred. Emphasizing the independence of PMLA investigations from scheduled offences, the court found no violation of Article 20(1) of the Constitution. The court concluded that the absence of all Section 3 offence elements in the Information Report did not justify interfering with the ongoing investigation, ultimately dismissing the writ petition. Case-Laws Money Laundering Tue, 19 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273067