https://www.taxtmi.com/caselaws?id=279704 The Bombay High Court ruled in favor of the Petitioner society, holding that the initiation of enforcement proceedings under the Prevention of Money Laundering Act, 2002 was unjustified. The Court emphasized that the FIR did not involve any offense under the PML Act but related to non-payment of royalty. It highlighted the necessity of mens rea in certain criminal offenses and noted that a juristic person cannot be prosecuted for offenses requiring mens rea. The Court also deemed the initiation of proceedings based on a single complaint as an abuse of legal process, granting an ad interim stay on further proceedings until review on 1st March 2018. en-us Tue, 27 Feb 2018 00:00:00 +0530 Tue, 02 Apr 2019 07:16:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279704 The Bombay High Court ruled in favor of the Petitioner society, holding that the initiation of enforcement proceedings under the Prevention of Money Laundering Act, 2002 was unjustified. The Court emphasized that the FIR did not involve any offense under the PML Act but related to non-payment of royalty. It highlighted the necessity of mens rea in certain criminal offenses and noted that a juristic person cannot be prosecuted for offenses requiring mens rea. The Court also deemed the initiation of proceedings based on a single complaint as an abuse of legal process, granting an ad interim stay on further proceedings until review on 1st March 2018. Case-Laws Indian Laws Tue, 27 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279704